Crypto Scenario Insights
What happened
Solana's governance proposal SGP-0002, aimed at doubling the network's annual disinflation rate, has been officially accepted. The vote closed with a substantial majority voting 'For', according to Validator Info.
If it goes well
If Solana's SGP-0002 proposal is successfully implemented, it would represent a significant step in the network's maturation towards active monetary policy management.
If it goes badly
If the implementation of SGP-0002 encounters significant technical hurdles or delays, the positive narrative surrounding the governance vote could quickly sour.
What we think
Our reading is that the passage of SGP-0002 marks a pivotal moment for Solana's governance, demonstrating its capacity to reach a consensus on a significant monetary policy change.
Read the analysis
Solana's Supply Cut Approved: What Does the Governance Vote Mean?
We explain what happened and what could follow. We do not forecast prices.