Solana launches on-chain governance mechanism, proposals must receive 15% staking support before voting can occur

The Solana Foundation announced the official launch of the on-chain governance mechanism Solana Governance Proposals (SGP). Validators can now submit, support, and decide on core protocol decisions through SGP. All proposals are conducted on-chain, using a voting mechanism based on staking weight, and verified through Merkle proofs. Any validator that has at least 100,000 SOL delegated can initiate an SGP. Unlike the Solana Improvement Documents (SIMD), which focus on technical and protocol changes, SGP is primarily used to express governance opinions within the ecosystem. Proposals must receive at least 15% support from the total staked network before entering the formal voting phase.