Solana Company announced Aug. 21 it will oppose SGP-0002, a proposal to accelerate Solana's disinflation from 15% to 30% annually while holding the terminal inflation rate at 1.5%. The company's Q2 revenue was $2.526 million, and 99.4% of that — $2.512 million — came from staking SOL held by the company.
The Staking Yield Impact
Under SGP-0002, which is laid out in SIMD-0550, the nominal staking yield would drop from 5.84% to 4.34% in the first year, then to 3.00% and 2.25% in years two and three, assuming 68% staking participation. The model also estimates a reduction in SOL issuance of roughly 18.89 million over six years.
Solana Company's Financial Picture
Solana Company's Q2 financials show an operating loss of $32.7 million and a net loss of $30.3 million, including $25.4 million in realized digital-asset losses. Its validator cluster launched in July, after the Q2 period, so revenue from operating its own validator is separate from the staking revenue on company-held SOL. By the filing date, outside parties had delegated roughly 500,000 SOL to that new validator cluster.
The Vote So Far
As of Aug. 23, SGP-0002 had about 5.27 million SOL in favor, 547,019 SOL against, and zero abstentions across 24 votes. The 'for' votes represent 90.6% of decisive stake. Native stakers can override a validator's governance position without undelegating; a 15.585838993 SOL override directed 'For' SGP-0002 appeared on Aug. 23. Solana Company itself had not cast a vote in the public voter table as of the snapshot.
The company's opposition puts it against the early voting trend, but its own stake — combined with the 500,000 SOL delegated from others — could matter if the margin tightens. No vote from Solana Company has been recorded yet, and there's no public timeline for when that might change.
