A Development That Could Impact the Fate of the Solana (SOL) Network! It Had Never Been Accepted Before!

The proposal Solana (SOL) that was rejected after no consensus was reached in the previous vote has come back to the agenda.

Cryptocurrency research company Galaxy Research has come up with a new proposal to solve the long-standing issue of how to reduce inflation in the governance of Solana.

At this point, Galaxy Research proposed a gradual voting process to resolve the Solana inflation debate and increase consensus on the inflation rate.

"We presented a new Solana proposal called Multi-Choice Stake Weight Collection (MESA) to reduce SOL inflation: a more market-based approach to agree on the rate of future SOL emissions.

This system is simple: Although most people agree that inflation needs to be reduced, they cannot agree on how much it should be reduced.

The previous proposal that received support in principle but could not be accepted due to disagreements on the inflation rate was also like this in SIMD-228.

The proposed MESA mechanism allows validators to vote on a range of deflation rate options instead of just a simple yes or no, and the final result is determined by a weighted average based on stake rather than binary voting.

Galaxy Research's MESA proposal aims to accelerate the Solana network's progress towards its long-term inflation target of 1.5%.

Currently, while the inflation rate of the Solana network is around 4.6%, Galaxy Research does not change its final inflation target of 1.5%, it only provides a more practical way for the network to reach this target.

We just introduced a new Solana proposal called Multiple Election Stake-Weight Aggregation (MESA) to reduce SOL inflation: a more market-based approach to agreeing on the rate of future SOL emissions.

— Galaxy Research (@glxyresearch) April 17, 2025