Abstentions should not count against a Solana governance proposal

SGP-0003 won a clear majority of participating stake on 28 August 2026 and still failed because 72 million abstaining SOL counted toward the two-thirds threshold, splitting Solana over what a supermajority should mean.

Blockchain governance

How blockchain protocols make collective decisions about upgrades, funding, and rules, whether through on-chain voting, off-chain social consensus, or foundation stewardship.

253 claims·74 news stories

DAOs & governance

Decision-making processes and decentralized autonomous organizations used to manage communities and protocols.

169 claims·23 news stories

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Solana

High-throughput Layer-1 blockchain using proof-of-history consensus, optimized for speed and low transaction fees.

7 claims·17 news stories

Solana SGP-0003 fee vote failure

Solana's first binding on-chain governance vote closed on 28 August 2026 with SGP-0003, a restructuring of transaction fees backed by Anatoly Yakovenko, failing despite 142.8 million SOL in favor against 50.1 million opposed, because 72 million abstaining SOL counted toward the two-thirds threshold. SGP-0001 and SGP-0002 passed, while Jupiter, Forward Industries and the Solana Company opposed the fee change.

5 claims·1 news story