Galaxy Proposes New Method to Reduce Solana Inflation
Galaxy Research has proposed a new approach to the Solana community titled “Multi-Election Staking Weight Aggregation” (MESA) to reform discussions around inflation governance.
This market-driven method aims to optimize the SOL emission curve without relying on a singular vote outcome. The proposal will not alter Solana’s ultimate aim of reaching a 1.5% final inflation rate but could accelerate the timeline based on community voting results.
Galaxy predicts that maintaining the current 15% deflation rate will achieve this goal by epoch 2,135, while a higher deflation rate could expedite the process.
Currently, Solana’s inflation follows a predetermined, time-dependent curve targeting a final 1.5% inflation rate. However, Galaxy noted that while there is consensus that inflation is too high, agreeing on adjustments has been difficult.
Their new proposal allows validators to select from multiple predetermined deflation rates, with outcomes determined by a weighted average of votes.
