Three weeks after the Solana network's validators rejected the SIMD-0228 proposal to shift its issuance to a market-based mechanism and reduce inflation, discussions continue. The Solana Foundation's former head of strategy, Austin Federa, has introduced an alternative, the 'left curve 228', suggesting an accelerated disinflation rate. Currently, Solana’s inflation rate stands at 4.6%, set to decrease to 1.5% in 15% increments every 180 epochs (approximately one year). Federa proposes a much steeper disinflation curve of 30% every 180 epochs, anticipating a drop to around 1.5% inflation in roughly three years. This proposal aims to address concerns that Solana is overpaying for economic security through inflation while simultaneously avoiding the uncertainty some associates with SIMD-0228. However, the proposal has met criticism, notably from Kevin Ricoy, who disapproves of the idea of non-experts influencing monetary policy directly.

Source 🔗