Solana Double-Deflation Proposal Clears Voting Threshold as Fee Proposal Falls Short

Solana’s double-deflation proposal has finished voting with 60.69% participation, 67% support, 25.16% opposition, and 7.84% abstentions, meeting the two-thirds approval threshold required for passage. According to ChainCatcher, the proposal would cut SOL inflation to about half of its current rate, raising the deflation rate to 30%, and is estimated to reduce SOL issuance by about 18.9 million over the next six years. A separate proposal on resource-based inclusion fees also finished voting with 61.14% participation, but it received only 53.9% support, below the two-thirds threshold needed to pass. According to ChainCatcher, the proposal would introduce a transaction fee mechanism based on network resource usage and could increase daily SOL burns from about 650 to between 7,500 and 9,000.