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Solana SGP-0003 fee vote failure stories

Sep 3, 2026

Solana fee vote fails despite majority support, revealing Anatoly Yakovenko's influence

Solana's Aug. 28 vote on fee reform proposal SGP-0003 failed despite receiving majority support from participating stake, exposing the extent of founder Anatoly Yakovenko's power over the network's governance.

Sep 3, 2026·1 source

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Top claims

▪Solana co-founder Anatoly Yakovenko argued on August 27, 2026, that validator revenue encourages more people to stake, placing validator economics within the network's security model.
▪Solana co-founder Anatoly Yakovenko publicly supported SGP-0003 on August 25, 2026, specifically backing an initial resource-fee rate of one-tenth of a lamport per requested cost unit.
▪The decentralized exchange Jupiter allocated approximately 11.78 million SOL in opposition to the Solana SGP-0003 proposal.

People involved

Anatoly Yakovenko

Subtopics

Blockchain governance1 Crypto regulation1 Solana1

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