On August 21st, Solana Company (HSDT) announced its voting position on the first three Solana Governance Proposals (SGPs): supporting SGP-0001 "Solana Constitution"; Oppose SGP-0002 from doubling the rate of inflation reduction; Oppose SGP-0003 changing transaction fees to floating. On chain voting is expected to begin on August 22nd (UTC+8). Solana Company stated that it supports the Solana Constitution because the new governance system allows stakers to vote directly and overturn the votes of principals, which helps institutions participate in decision-making. Opposing the other two proposals is because institutions value rule stability, and changing core economic parameters at this time will increase institutional wait-and-see sentiment. Solana Company stated that it will support a renewed discussion on reducing inflation once SOL continues to have a net inflow of funds, and is willing to reconsider the floating fee scheme after ecological adaptation.
