Galaxy Digital Unveils Governance Proposal to Curb Solana’s Inflation Rate

In a strategic move to address economic sustainability, Galaxy Digital has submitted a novel voting mechanism aimed at reducing Solana’s inflation. The proposal seeks to modify network parameters through decentralized governance, potentially altering SOL’s emission schedule. This initiative reflects growing industry emphasis on long-term blockchain viability, with Galaxy positioning itself as a key stakeholder in Solana’s monetary policy evolution. The framework would empower SOL holders to vote on inflation adjustments, balancing network security incentives with tokenomics stability.

Predictability is accounted for

Galaxy’s team argues that the method preserves predictability while more accurately reflecting collective market preferences—avoiding repeated governance deadlocks.

“Instead of throwing darts until the community is happy with an individual proposal,” the proposal says, “it is more efficient to simply ask each person what they want and settle on the aggregate.”

The proposal does not advocate for any specific deflation rate and invites community feedback on implementation details, including vote distribution and quorum thresholds.

Galaxy’s staking affiliate could potentially benefit from the outcome but emphasizes the proposal’s neutrality regarding the actual rate chosen. Community discussions and a formal governance vote are expected in the coming weeks.