Solana Founder Discusses Decentralized Reserve Mechanisms

According to Odaily, on March 6, Solana founder Toly shared his views on decentralized reserve mechanisms via social media. He expressed that the ideal scenario would be to have no reserves, as government-managed reserves could undermine decentralization. Toly suggested that if reserves are necessary, individual states could manage them to mitigate potential Federal Reserve policy errors. He emphasized that any reserve mechanism should be based on objective, measurable, and reasonable standards rather than subjective rules. Toly concluded by asserting that regardless of how reserve mechanisms are structured, the Solana ecosystem is capable of meeting and exceeding its goals, demonstrating strong competitiveness.