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Solana Governance Proposals Enter On-Chain Vote, Deadline Set for August 26

By Exbasi Intelligence
Sourced from Binance News
Solana Governance Proposals Enter On-Chain Vote, Deadline Set for August 26
Solana’s official developer account said governance proposals SGP 1-3 began on-chain voting at epoch 1023, with the vote expected to close at 3:30 PM UTC on August 26. According to ChainCatcher, the three proposals cover approval of the Solana Constitution to establish a formal governance framework, raising the inflation reduction rate from -15% to -30%, and restructuring transaction fees into a fixed inclusion fee plus a variable resource fee.Institutional staker DFDV said it had cast its vote with maximum weight. Some staked accounts reported that inactive users were unable to participate in the vote.

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