Crypto
Home›Crypto›Market Structure›Solana Company opposes proposal to accelerate disinfla…
Solana Company opposes proposal to accelerate disinflation
Its company-held SOL staking accounted for 99.4% of its Q2 revenue, making its governance position influential in the vote.
Solana Company, the Nasdaq-listed SOL treasury company and validator operator, said it would oppose SGP-0002, a proposal aimed at accelerating disinflation, according to CryptoSlate. The decision is tied to how the company’s governance and staking are reflected in Solana’s validator-voting design.
The company’s latest financial results showed staking on company-held SOL generated $2.512 million out of $2.526 million in second-quarter revenue, or 99.4%. Under Solana’s governance design, delegated stake follows a validator’s position by default, but native stakers can override that default for individual stake accounts before the validator votes, after it votes, or when it abstains.
CryptoSlate reports that as of an Aug. 23 snapshot, SGP-0002 was still in voting with about 5.27 million SOL for, 547,019 SOL against, and zero abstain across 24 votes. For represented about 90.6% of the decisive stake at that moment, and the record described no vote attributable to Solana Company, HSDT, or its validator operation in the observed voter table and decoded against ballots.
Solana Company said predictable inflation and staking yield help institutions model returns and adopt SOL. The outlet also noted that even if SGP-0002 is accepted, it would still require later protocol implementation and activation work, so the live tally reflects stakeholder preference rather than an immediate change to SOL issuance.
Latest closeSolana $96.92 ▲1.6%|Nasdaq Comp. 26,729.16 ▼0.3%