According to CoinMeta, Solana Company ( HSDT ) announced on August 21 its voting stance on the first three governance proposals ( SGP ): in support of SGP-0001 " Solana Constitution ", against SGP-0002 of doubling the inflation reduction rate, and against SGP-0003 of changing transaction fees to a floating system. The on-chain voting is expected to begin on August 22 ( UTC +8 ). Solana Company stated that its support for Solana Constitution is because the new governance system allows stakers to vote directly and override the votes of delegates, which helps institutions participate in decision-making. The opposition to the other two proposals is due to institutions' emphasis on rule stability; changing core economic parameters at this time would increase their cautious attitude. Solana Company indicated that after there is a continuous net inflow of funds into SOL, it would support re-discussing inflation reduction and is willing to reconsider the floating fee scheme after the ecosystem has adapted.