Galaxy proposes to introduce a "market-driven" new voting system for Solana in response to community disagreements following the failure of SIMD-228.

According to The Block, Galaxy Research has proposed a new proposal called MESA (Multiple Election Stake-Weight Aggregation), which aims to determine Solana’s future inflation/deflation curve in a more market-based way to replace the existing binary voting system. The proposal allows validators to express their preference by weight among multiple options, thus determining the final deflation rate based on a weighted average. The move is a response to the failure of the previous SIMD-228 proposal. SIMD-228 had proposed to dynamically adjust the SOL inflation rate based on the staking participation rate, but despite setting a record for voting participation, it was rejected due to a severe split in opinion. Galaxy pointed out that the current “pro/no” binary mechanism does not accurately reflect the real preferences of the community. Solana currently has an initial annualized inflation rate of 8%, decreasing by 15% per year, with a target inflation rate of 1.5%. According to Solana Compass data, the current inflation rate is 4.6%, and 64.7% of the supply has been staked. However, Max Resnick, chief economist at Solana’s development team, Anza, expressed concern that MESA could lead to extreme voter voting to manipulate average results, which in turn would lead to more operational complexity. At the same time, he continued to support the dynamic issuance curve mechanism proposed by SIMD-228. Anatoly Yakovenko, co-founder of Solana Labs, suggested that using the median staking weight, rather than the average, as the final result may be a better way to avoid extreme manipulation.