Solana Company opposes two governance proposals

Solana Company set out its voting positions on the first three Solana Governance Proposals, ahead of on-chain voting due to open the following day. The company backed SGP-0001, which ratifies a formal Solana Constitution, and opposed both SGP-0002 and SGP-0003.

SGP-0002 would double the network's annual disinflation rate from 15 percent to 30 percent, accelerating the path to Solana's already-fixed 1.5 percent terminal inflation rate. SGP-0003 would replace the current 5,000-lamport base transaction fee, split evenly between burning and payment to the block leader, with a 2,500-lamport inclusion fee paid entirely to the leader plus a separate, usage-based resource fee that is burned in full.

Solana Company said its objections were about timing rather than the proposals' goals, arguing that reopening a settled issuance schedule at what it called a critical moment for institutional adoption could unsettle investors who value predictable monetary policy.

A large holder opposing two of a network's first three governance votes suggests Solana's new on-chain process will contest real disagreements over monetary policy rather than simply ratify decisions already settled elsewhere.