Solana Company Backs Constitution and Opposes Early Inflation and Fee Changes

The Nasdaq-listed validator operator warns reopening issuance and fee rules now would hurt predictable staking revenue and could deter institutional participants.

Overview

Solana Company disclosed its voting positions on Aug. 21 and said it will vote for SGP-0001, the proposed Solana Constitution, and against SGP-0002 and SGP-0003 because of timing concerns.
On-chain voting was expected to open on Aug. 22 and any SGP must win at least 66.67% of decisive stake and then be turned into code and deployed by developers behind a feature gate.
SGP-0002, tied to technical plan SIMD-0550, would accelerate disinflation and is estimated to reduce projected emissions by about 18.9 million SOL over six years under current projections.
SGP-0003 would shift Solana from a flat fee to resource-based fees and has prompted estimates that daily token burns could rise dramatically, though authors have since published wider ranges and clarifications.
The company said its stance aims to preserve predictable, multi-year staking yields used in financial forecasts and noted that its own Q2 results showed heavy reliance on staking revenue, a dynamic that could affect institutions and funds that stake SOL.