diff --git a/packages/slate-react-placeholder/src/index.js b/packages/slate-react-placeholder/src/index.js
index b35617a5f..0a04583fd 100644
--- a/packages/slate-react-placeholder/src/index.js
+++ b/packages/slate-react-placeholder/src/index.js
@@ -16,11 +16,6 @@ let instanceCounter = 0
 
 function SlateReactPlaceholder(options = {}) {
   const instanceId = instanceCounter++
-  const placeholderMark = {
-    type: 'placeholder',
-    data: { key: instanceId },
-  }
-
   const { placeholder, when, style = {} } = options
 
   invariant(
@@ -53,13 +48,14 @@ function SlateReactPlaceholder(options = {}) {
     const [firstNode, firstPath] = first
     const [lastNode, lastPath] = last
     const decoration = {
+      type: 'placeholder',
+      data: { key: instanceId },
       anchor: { key: firstNode.key, offset: 0, path: firstPath },
       focus: {
         key: lastNode.key,
         offset: lastNode.text.length,
         path: lastPath,
       },
-      mark: placeholderMark,
     }
 
     return [...others, decoration]
diff --git a/packages/slate/src/models/decoration.js b/packages/slate/src/models/decoration.js
index 9adeef27c..d0983bfab 100644
--- a/packages/slate/src/models/decoration.js
+++ b/packages/slate/src/models/decoration.js
@@ -1,4 +1,5 @@
 import isPlainObject from 'is-plain-object'
+import warning from 'tiny-warning'
 import { List, Record } from 'immutable'
 
 import Mark from './mark'
@@ -109,7 +110,18 @@ class Decoration extends Record(DEFAULTS) {
    */
 
   static fromJSON(object) {
-    const { type, data, anchor, focus } = object
+    const { anchor, focus } = object
+    let { type, data } = object
+
+    if (object.mark && !type) {
+      warning(
+        false,
+        'As of slate@0.47 the `decoration.mark` property has been changed to `decoration.type` and `decoration.data` directly.'
+      )
+
+      type = object.mark.type
+      data = object.mark.data
+    }
 
     if (!type) {
       throw new Error(