Galaxy Research proposes new voting system to reduce Solana inflation

Solana Inflation Reform Gets Second Try From Galaxy Research

Galaxy Research has returned to the Solana governance arena with a fresh proposal that seeks to sidestep the deadlock that stymied last month’s SIMD‑228 vote on inflation. Published on GitHub on April 17 and titled “Multiple Election Stake‑Weight Aggregation (MESA) Vote for Reducing Inflation,” the document lays out a procedure that would let validators express a full spectrum of preferences instead of the blunt YES / NO / ABSTAIN triad that gov…

Network validators would define the annual deflation rate from a variety of options using a stake-weighted voting system. Read more

Galaxy Proposes New Inflation Model for Solana Amid Ongoing Debate News ETHNews

Galaxy’s MESA proposal lets Solana validators vote periodically, using median outcomes to set a fixed deflation rate. Unlike SIMD-228’s single dynamic vote, MESA opts for multiple votes to lock in predictable SOL supply cuts. Galaxy, a digital asset firm, has introduced a revised proposal to adjust Solana’s inflation rate, following the rejection of a similar plan (SIMD-228) in March. The new model, dubbed Multiple Election Stake-Weight Aggregat…

Galaxy Research Proposes Overhaul to Solana's Inflation Voting System

Crypto research firm Galaxy Research has introduced a proposal that aims to reform how future decisions are made about Solana’s token inflation rate. The latest move follows a failed attempt to reach consensus in a previous governance vote. The earlier vote – SIMD-228 – had sparked strong community engagement and broad agreement on the need to reduce inflation, but ultimately fell short due to limitations in the voting structure. The new proposa…

Solana could change how new coins are printed – But not everyone agrees

Solana's new inflation proposal by Galaxy has elicited mixed reaction. Will it sail through or face rejection like SIMD-288?

Galaxy Research proposes voting system to cut Solana inflation

Galaxy Research has put forward a proposal for a new voting system aimed at curbing Solana’s inflation. In the new proposal, Galaxy Research gives validators the ability to vote on multiple deflation rates, with the outcome being a weighted average. After the community failed to reach consensus in a previous vote, Galaxy Research responded by […] The post Galaxy Research proposes voting system to cut Solana inflation appeared first on CryptoTvpl…