gm365|Aug 29, 2026 05:59
Solana's First On-Chain Proposal Concludes
It seems like the Chinese community didn’t pay much attention to this on-chain proposal, while the English-speaking community was buzzing.
Especially yesterday, during the critical moment of Proposal SGP 02, @mert rallied the troops, leading major voters who had previously voted against it to switch to a 'yes' vote in the final minutes—a true comeback.
The English community is saying: mert is the man who saved solana:So11111111111111111111111111111111111111112, the real GOAT.
Initially, it was thought that all three proposals would pass without any suspense, but the actual results turned out to be quite different.
So far, the first two proposals have passed:
The first one, aimed at future on-chain proposals, passed with a high margin;
The second one, which increases SOL’s deflation rate, narrowly passed;
The third one, which increases SOL’s burn rate, did not pass.
If you want to learn more, check out my conversation with Grok below. It covers the underlying conflicts of interest, multi-party dynamics, and provides a pretty clear explanation.
https://(x.com)/i/grok/share/ed4ebc2ba1104013aeeccc7e749cbb7d
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