PANews reported on January 17 that according to Blockworks, Multicoin Capital proposed to adjust Solana's SOL issuance mechanism from fixed inflation to a market-driven model to maintain a pledge rate of around 50%. If the pledge rate is higher than 50%, the issuance will be reduced, reducing the pledge income; if it is lower than 50%, the issuance will increase to encourage more pledges.

The current SOL inflation rate is about 4.8%, and it was originally planned to decrease to 1.5% year by year. Multicoin believes that reducing inflation can reduce network centralization, improve DeFi utility, and reduce selling pressure caused by staking rewards, but it may reduce staking returns.