Galaxy Research's new proposal introduces a Weighted Voting Mechanism aimed at reducing the SOL inflation rate.

Blockbeats
18 Apr

BlockBeats News, April 18th, according to Cointelegraph's report, cryptocurrency research firm Galaxy Research has proposed the "Multiple Election Stake-Weight Aggregation" (MESA) mechanism in the Solana community to reduce SOL's inflation rate. Researchers describe the proposal as a "more market-driven way to determine the future SOL inflation rate."

Unlike traditional "yes/no" binary voting, MESA allows validators to vote on multiple inflation reduction proposals, with the final result being determined through a weighted average. Galaxy stated: "Rather than constantly switching between inflation reduction proposals until one passes, it is better to allow validators to assign voting weights to one or more proposals, and then take the weighted results of all 'yes' votes as the final issuance curve."

This mechanism was inspired by the previous SIMD-228 proposal. Although the community broadly supports reducing the SOL inflation rate, the binary voting mechanism made it difficult to reach a consensus on specific parameters, resulting in the proposal not being approved.

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