Solana passes deflationary proposal, staking yields expected to drop to 2.25% in three years

Solana validators have approved the SGP-0002 proposal, which doubles the annual deflation rate from 15% to 30%. This change is expected to reduce staking yields to approximately 2.25% over the next three years. The proposal passed with 67.001% support, narrowly exceeding the required two-thirds threshold after late-stage voting shifts from major validators like Kraken. The technical implementation will follow via SIMD-0550, with developers estimating a multi-month coordination period before the new issuance curve is fully active.