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Home»Security»Galaxy Digital submits a proposal to combat Solana’s inflation
Security

Galaxy Digital submits a proposal to combat Solana’s inflation

April 18, 2025No Comments
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Galaxy Research presented a proposal to adjust the voting system that determines the outcome of Future Solana inflation in order to reduce inflation rates.

Galaxy introduced the proposal, entitled “Aggregation of multiple election apples (MESA)” yesterday. According to the researchersThis proposal is a “more market -based approach to agree on the rate of future soil emissions”.

What is Solana (soil) and how is Sol Crypto?

Galaxy Digital pushes for an average weighted approach in Solana’s vote

Currently, the Solara The network uses a traditional voting system yes / no to determine inflation rates.

In the voting mechanism proposed by Galaxy, validators will be able to vote on several deflation rates. The weighted average of these votes is then used as a result.

Galaxy’s proposal follows the SIMD-228 proposal, which presented the idea of ​​changing the Solana inflation system from a fixed schedule to a more dynamic and market-based model. SIMD-228 has also shown that members of the Solana community agree that the inflation of the balance should be reduced.

Solana exceeds all the other chains in the volume of Dex to 7 days while the war of the same warms

While Galaxy is waiting to see if its floor inflation proposal will be accepted, Solana has exceeded all other blockchains in the 7 -day decentralized exchange volume (DEX).

Data from Defillama shows that there has been a weekly variation of more than 14% of the Solana’s volume, pushing total activity to more than 16.147 billion dollars. During the same period, the main competitor Ethereum saw the activity on its platforms drop by more than 32%.

The elevation of Solana Dex’s activity during last week could have to do with the Sol War Even Coin between Raydium and Pump.fun.

Recently, Pump.fun has broken its links with Raydium, an automated marker manufacturer (AMM), and launched a dex competitor called Pumpswap. Raydium Then launched its own platform for creating coins called Launchlab.

🔥 Pumpswap on @Pumpdotfun has always reached trading volumes raised from all times in recent times!

Some of the best tokens behind the overvoltage in the last 7 days:$ Rfc | @Rfindercoin$ Dark | @Darkresearchai
$ same $ PPPP $ Fur$ DB | @Dbcoin_sol$ Refi | @RetardedFinance$ House |… pic.twitter.com/qkumk2oclh

– Solana Daily (@Solana_Daily) April 18, 2025

Pump.fun and Raydium recorded respective weekly increase in the volume DEX of 46% and 37%.

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