{"id":22749,"date":"2025-04-18T15:33:03","date_gmt":"2025-04-18T15:33:03","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=22749"},"modified":"2025-04-18T15:33:03","modified_gmt":"2025-04-18T15:33:03","slug":"galaxy-research-proposes-overhaul-to-solanas-inflation-voting-system","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=22749","title":{"rendered":"Galaxy Research Proposes Overhaul to Solana\u2019s Inflation Voting System"},"content":{"rendered":"
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Crypto research firm Galaxy Research has introduced a proposal that aims to reform how future decisions are made about Solana\u2019s token inflation rate.<\/p>\n

The latest move follows a failed attempt to reach consensus in a previous governance vote.<\/p>\n

The earlier vote \u2013 SIMD-228<\/a> \u2013 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.<\/p>\n

The new proposal<\/a> suggests replacing the traditional single-outcome voting method with a more flexible and representative system called Multiple Election Stake-Weight Aggregation, or MESA. Rather than asking voters to choose a binary \u201cyes\u201d or \u201cno\u201d on a single deflation rate, MESA allows validators to select from a range of deflation options, such as maintaining the current 15% rate or increasing it to 17.5%, 20%, or more.<\/p>\n

Each validator\u2019s vote is weighted by their stake, and the final outcome is a weighted average of all the selected rates. This market-driven approach is designed to better reflect the diverse preferences across the Solana ecosystem and aims to offer a middle ground instead of forcing the community to align around one predetermined figure.<\/p>\n

By doing so, it seeks to avoid repeated re-voting and governance deadlock, and aims for smoother decision-making without sacrificing predictability. The fixed, time-dependent disinflationary structure \u2013 with a 1.5% terminal inflation rate \u2013 would remain in place, to preserve long-term consistency while giving the community more influence over how quickly that terminal rate is reached.<\/p>\n

The proposal also outlines practical steps for implementation, such as clearly labeling different voting options and setting an appropriate quorum and supermajority threshold.<\/p>\n

If adopted, this method is expected to not only streamline Solana\u2019s inflation decisions but also serve as a model for other decentralized protocols facing similar governance challenges. The proposal is currently under discussion and invites feedback on key parameters like vote weighting, choice intervals, and thresholds for implementation.<\/p>\n

The post Galaxy Research Proposes Overhaul to Solana\u2019s Inflation Voting System<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto research firm Galaxy Research has introduced a proposal that aims to reform how future decisions are made about Solana\u2019s token inflation rate. The latest move follows a failed attempt to reach consensus in a previous governance vote. The earlier vote \u2013 SIMD-228 \u2013 had sparked strong community engagement and broad agreement on the need […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-22749","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22749"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22749\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}