Solana Proposes New Voting System for Inflation Control

Solana Proposes New Voting System for Inflation Control
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Solana is addressing inflation concerns with a new voting system proposed by Galaxy Research. The MESA system aims to streamline decision-making on deflation rates while maintaining a fixed terminal inflation rate of 1.5%. This market-driven approach could reshape Solana’s governance process.

  • MESA introduces multiple 'yes' voting options with varying deflation rates (15%, 17.5%, 20%, 25%) while maintaining Solana's 1.5% terminal inflation.
  • The weighted average of validator votes determines the final deflation rate, improving predictability and market alignment.
  • Solana's governance evolution follows SIMD-228's partial success, which tested the network's ability to handle diverse stakeholder opinions.
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