
PANews|Apr 18, 2025 02:56
Galaxy proposes new consensus approach to address Solana inflation debate
According to Cryptoslate, Galaxy Research has submitted a new proposal to the Solana community aimed at reforming the network's inflation governance discussions through a method called Multi Electoral Stake Weight Aggregation (MESA).
This mechanism attempts to introduce a market driven process to optimize the SOL emission curve without relying on a single result vote. The proposed method will not change Solana's ultimate goal of achieving a final inflation rate of 1.5%, but based on community voting results, it may significantly shorten the timeline for achieving this goal.
According to Galaxy's prediction, if the current deflation rate of 15% is maintained, the network will reach its final inflation rate at epoch 2135. Raising the deflation rate will advance this point in time.
Galaxy's new proposal provides an alternative solution for validators to choose from multiple pre-determined deflation rates, with the results determined by the weighted average of these votes. MESA voting will not dynamically adjust inflation based on real-time indicators, but will enforce a fixed anti inflation trajectory. Once approved, deflation rates will be adjusted based on the collective opinion of validators.
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