diff --git a/src/proto_alpha/lib_parameters/default_parameters.ml b/src/proto_alpha/lib_parameters/default_parameters.ml
index 386ef648c32e8ab9ceacfaa7b420d1ec93c4c6dd..ba10b85e6249822fe40875e0d5491d51adad3a44 100644
--- a/src/proto_alpha/lib_parameters/default_parameters.ml
+++ b/src/proto_alpha/lib_parameters/default_parameters.ml
@@ -274,6 +274,7 @@ let constants_mainnet =
         origination_size = 4_000;
         min_pending_to_process = 10;
       };
+    adaptive_inflation = {enable = false};
   }
 
 (* Sandbox and test networks's Dal cryptobox are computed by this function:
diff --git a/src/proto_alpha/lib_protocol/alpha_context.mli b/src/proto_alpha/lib_protocol/alpha_context.mli
index fb356b07c15b11e63ae2bc662523088828dbbbdc..e5e2fd254562d04caf667f91aac23d66e5a0c12d 100644
--- a/src/proto_alpha/lib_protocol/alpha_context.mli
+++ b/src/proto_alpha/lib_protocol/alpha_context.mli
@@ -840,6 +840,8 @@ module Constants : sig
       min_pending_to_process : int;
     }
 
+    type adaptive_inflation = {enable : bool}
+
     type t = {
       preserved_cycles : int;
       blocks_per_cycle : int32;
@@ -883,6 +885,7 @@ module Constants : sig
       dal : dal;
       sc_rollup : sc_rollup;
       zk_rollup : zk_rollup;
+      adaptive_inflation : adaptive_inflation;
     }
 
     val encoding : t Data_encoding.t
diff --git a/src/proto_alpha/lib_protocol/constants_parametric_repr.ml b/src/proto_alpha/lib_protocol/constants_parametric_repr.ml
index 918a77b9190c095911c472847057c2f00a3b7197..c504aeeb7cf9a7cef3555d94e294d8c8de18969d 100644
--- a/src/proto_alpha/lib_protocol/constants_parametric_repr.ml
+++ b/src/proto_alpha/lib_protocol/constants_parametric_repr.ml
@@ -123,6 +123,8 @@ type zk_rollup = {
   min_pending_to_process : int;
 }
 
+type adaptive_inflation = {enable : bool}
+
 type t = {
   preserved_cycles : int;
   blocks_per_cycle : int32;
@@ -168,6 +170,7 @@ type t = {
   dal : dal;
   sc_rollup : sc_rollup;
   zk_rollup : zk_rollup;
+  adaptive_inflation : adaptive_inflation;
 }
 
 let tx_rollup_encoding =
@@ -322,6 +325,13 @@ let zk_rollup_encoding =
        (req "zk_rollup_origination_size" int31)
        (req "zk_rollup_min_pending_to_process" int31))
 
+let adaptive_inflation_encoding =
+  let open Data_encoding in
+  conv
+    (fun ({enable} : adaptive_inflation) -> enable)
+    (fun adaptive_inflation_enable -> {enable = adaptive_inflation_enable})
+    (obj1 (req "adaptive_inflation_enable" bool))
+
 let encoding =
   let open Data_encoding in
   conv
@@ -364,7 +374,9 @@ let encoding =
               ( ( c.cache_script_size,
                   c.cache_stake_distribution_cycles,
                   c.cache_sampler_state_cycles ),
-                (c.tx_rollup, (c.dal, (c.sc_rollup, c.zk_rollup))) ) ) ) ) ))
+                ( c.tx_rollup,
+                  (c.dal, ((c.sc_rollup, c.zk_rollup), c.adaptive_inflation)) )
+              ) ) ) ) ))
     (fun ( ( preserved_cycles,
              blocks_per_cycle,
              blocks_per_commitment,
@@ -403,7 +415,9 @@ let encoding =
                  ( ( cache_script_size,
                      cache_stake_distribution_cycles,
                      cache_sampler_state_cycles ),
-                   (tx_rollup, (dal, (sc_rollup, zk_rollup))) ) ) ) ) ) ->
+                   ( tx_rollup,
+                     (dal, ((sc_rollup, zk_rollup), adaptive_inflation)) ) ) )
+             ) ) ) ->
       {
         preserved_cycles;
         blocks_per_cycle;
@@ -447,6 +461,7 @@ let encoding =
         dal;
         sc_rollup;
         zk_rollup;
+        adaptive_inflation;
       })
     (merge_objs
        (obj10
@@ -506,4 +521,6 @@ let encoding =
                       tx_rollup_encoding
                       (merge_objs
                          (obj1 (req "dal_parametric" dal_encoding))
-                         (merge_objs sc_rollup_encoding zk_rollup_encoding))))))))
+                         (merge_objs
+                            (merge_objs sc_rollup_encoding zk_rollup_encoding)
+                            adaptive_inflation_encoding))))))))
diff --git a/src/proto_alpha/lib_protocol/constants_parametric_repr.mli b/src/proto_alpha/lib_protocol/constants_parametric_repr.mli
index 5776add0db659704c661ad948fdb3bc73f356a26..c1f62184dd79c96cdd2586f52b874a3096ffea00 100644
--- a/src/proto_alpha/lib_protocol/constants_parametric_repr.mli
+++ b/src/proto_alpha/lib_protocol/constants_parametric_repr.mli
@@ -138,6 +138,8 @@ type zk_rollup = {
   min_pending_to_process : int;
 }
 
+type adaptive_inflation = {enable : bool}
+
 type t = {
   preserved_cycles : int;
   blocks_per_cycle : int32;
@@ -189,6 +191,7 @@ type t = {
   dal : dal;
   sc_rollup : sc_rollup;
   zk_rollup : zk_rollup;
+  adaptive_inflation : adaptive_inflation;
 }
 
 val encoding : t Data_encoding.encoding
diff --git a/src/proto_alpha/lib_protocol/raw_context.ml b/src/proto_alpha/lib_protocol/raw_context.ml
index 83d15d27ecc9184d298aefb9a145c5369e353458..f205f03a9e531bb1167726089950d899d4530427 100644
--- a/src/proto_alpha/lib_protocol/raw_context.ml
+++ b/src/proto_alpha/lib_protocol/raw_context.ml
@@ -972,6 +972,7 @@ let prepare_first_block ~level ~timestamp ctxt =
             min_pending_to_process = c.zk_rollup.min_pending_to_process;
           }
       in
+      let adaptive_inflation = Constants_parametric_repr.{enable = false} in
       let constants =
         Constants_parametric_repr.
           {
@@ -1021,6 +1022,7 @@ let prepare_first_block ~level ~timestamp ctxt =
             dal;
             sc_rollup;
             zk_rollup;
+            adaptive_inflation;
           }
       in
       add_constants ctxt constants >>= fun ctxt -> return ctxt)
diff --git a/src/proto_alpha/lib_protocol/test/helpers/block.ml b/src/proto_alpha/lib_protocol/test/helpers/block.ml
index 85504f6a98342eda4444b0bdd97441e0a647e11d..25916e7445a423b776313a9565d35046ce6178f1 100644
--- a/src/proto_alpha/lib_protocol/test/helpers/block.ml
+++ b/src/proto_alpha/lib_protocol/test/helpers/block.ml
@@ -489,7 +489,8 @@ let prepare_initial_context_params ?consensus_threshold ?min_proposal_quorum
     ?baking_reward_bonus_per_slot ?baking_reward_fixed_portion ?origination_size
     ?blocks_per_cycle ?cycles_per_voting_period ?sc_rollup_enable
     ?sc_rollup_arith_pvm_enable ?dal_enable ?zk_rollup_enable
-    ?hard_gas_limit_per_block ?nonce_revelation_threshold () =
+    ?adaptive_inflation_enable ?hard_gas_limit_per_block
+    ?nonce_revelation_threshold () =
   let open Tezos_protocol_alpha_parameters in
   let constants = Default_parameters.constants_test in
   let min_proposal_quorum =
@@ -544,6 +545,11 @@ let prepare_initial_context_params ?consensus_threshold ?min_proposal_quorum
   let zk_rollup_enable =
     Option.value ~default:constants.zk_rollup.enable zk_rollup_enable
   in
+  let adaptive_inflation_enable =
+    Option.value
+      ~default:constants.adaptive_inflation.enable
+      adaptive_inflation_enable
+  in
   let hard_gas_limit_per_block =
     Option.value
       ~default:constants.hard_gas_limit_per_block
@@ -576,6 +582,7 @@ let prepare_initial_context_params ?consensus_threshold ?min_proposal_quorum
         };
       dal = {constants.dal with feature_enable = dal_enable};
       zk_rollup = {constants.zk_rollup with enable = zk_rollup_enable};
+      adaptive_inflation = {enable = adaptive_inflation_enable};
       hard_gas_limit_per_block;
       nonce_revelation_threshold;
     }
@@ -611,7 +618,7 @@ let genesis ?commitments ?consensus_threshold ?min_proposal_quorum
     ?baking_reward_fixed_portion ?origination_size ?blocks_per_cycle
     ?cycles_per_voting_period ?sc_rollup_enable ?sc_rollup_arith_pvm_enable
     ?dal_enable ?zk_rollup_enable ?hard_gas_limit_per_block
-    ?nonce_revelation_threshold
+    ?adaptive_inflation_enable ?nonce_revelation_threshold
     (bootstrap_accounts : Parameters.bootstrap_account list) =
   prepare_initial_context_params
     ?consensus_threshold
@@ -630,6 +637,7 @@ let genesis ?commitments ?consensus_threshold ?min_proposal_quorum
     ?dal_enable
     ?zk_rollup_enable
     ?hard_gas_limit_per_block
+    ?adaptive_inflation_enable
     ?nonce_revelation_threshold
     ()
   >>=? fun (constants, shell, hash) ->
diff --git a/src/proto_alpha/lib_protocol/test/helpers/block.mli b/src/proto_alpha/lib_protocol/test/helpers/block.mli
index ac3680b2af520b6726154bf38fe56e1fad0a8a8a..01249bfb2dffacc018ec3d1643edcc4462240bc2 100644
--- a/src/proto_alpha/lib_protocol/test/helpers/block.mli
+++ b/src/proto_alpha/lib_protocol/test/helpers/block.mli
@@ -138,6 +138,7 @@ val genesis :
   ?dal_enable:bool ->
   ?zk_rollup_enable:bool ->
   ?hard_gas_limit_per_block:Gas.Arith.integral ->
+  ?adaptive_inflation_enable:bool ->
   ?nonce_revelation_threshold:int32 ->
   Parameters.bootstrap_account list ->
   block tzresult Lwt.t
@@ -296,6 +297,7 @@ val prepare_initial_context_params :
   ?sc_rollup_arith_pvm_enable:bool ->
   ?dal_enable:bool ->
   ?zk_rollup_enable:bool ->
+  ?adaptive_inflation_enable:bool ->
   ?hard_gas_limit_per_block:Gas.Arith.integral ->
   ?nonce_revelation_threshold:int32 ->
   unit ->
diff --git a/src/proto_alpha/lib_protocol/test/helpers/context.ml b/src/proto_alpha/lib_protocol/test/helpers/context.ml
index 20e0c6dbf19721737a777efd2405d794ba4a33af..f77a8c04d7688518a6cfb8d5e8da9c5526824a30 100644
--- a/src/proto_alpha/lib_protocol/test/helpers/context.ml
+++ b/src/proto_alpha/lib_protocol/test/helpers/context.ml
@@ -463,7 +463,8 @@ let init_gen tup ?rng_state ?commitments ?bootstrap_balances
     ?baking_reward_bonus_per_slot ?baking_reward_fixed_portion ?origination_size
     ?blocks_per_cycle ?cycles_per_voting_period ?sc_rollup_enable
     ?sc_rollup_arith_pvm_enable ?dal_enable ?zk_rollup_enable
-    ?hard_gas_limit_per_block ?nonce_revelation_threshold () =
+    ?adaptive_inflation_enable ?hard_gas_limit_per_block
+    ?nonce_revelation_threshold () =
   let n = tup_n tup in
   Account.generate_accounts ?rng_state n >>?= fun accounts ->
   let contracts =
@@ -495,6 +496,7 @@ let init_gen tup ?rng_state ?commitments ?bootstrap_balances
     ?dal_enable
     ?zk_rollup_enable
     ?hard_gas_limit_per_block
+    ?adaptive_inflation_enable
     ?nonce_revelation_threshold
     bootstrap_accounts
   >|=? fun blk -> (blk, tup_get tup contracts)
diff --git a/src/proto_alpha/lib_protocol/test/helpers/context.mli b/src/proto_alpha/lib_protocol/test/helpers/context.mli
index d798566b30b4cfe1adb629e8a266aeee8ebf36a7..8002408d5eee09f779c677e2ca9963b6397cd29f 100644
--- a/src/proto_alpha/lib_protocol/test/helpers/context.mli
+++ b/src/proto_alpha/lib_protocol/test/helpers/context.mli
@@ -281,6 +281,7 @@ type 'accounts init :=
   ?sc_rollup_arith_pvm_enable:bool ->
   ?dal_enable:bool ->
   ?zk_rollup_enable:bool ->
+  ?adaptive_inflation_enable:bool ->
   ?hard_gas_limit_per_block:Gas.Arith.integral ->
   ?nonce_revelation_threshold:int32 ->
   unit ->
diff --git a/tezt/tests/expected/RPC_test.ml/Alpha- (mode client) RPC regression tests- misc_protocol.out b/tezt/tests/expected/RPC_test.ml/Alpha- (mode client) RPC regression tests- misc_protocol.out
index e6f0bb334c25ada7deb5fa234b227ae66c86f9a8..e0345171d5ab61404d39d677b31977fbd2f052f6 100644
--- a/tezt/tests/expected/RPC_test.ml/Alpha- (mode client) RPC regression tests- misc_protocol.out	
+++ b/tezt/tests/expected/RPC_test.ml/Alpha- (mode client) RPC regression tests- misc_protocol.out	
@@ -62,8 +62,8 @@
   "smart_rollup_timeout_period_in_blocks": 40320,
   "smart_rollup_max_number_of_cemented_commitments": 5,
   "smart_rollup_max_number_of_parallel_games": 32, "zk_rollup_enable": false,
-  "zk_rollup_origination_size": 4000,
-  "zk_rollup_min_pending_to_process": 10 }
+  "zk_rollup_origination_size": 4000, "zk_rollup_min_pending_to_process": 10,
+  "adaptive_inflation_enable": false }
 
 ./octez-client rpc get /chains/main/blocks/head/helpers/baking_rights
 [ { "level": 2, "delegate": "[PUBLIC_KEY_HASH]",
diff --git a/tezt/tests/expected/RPC_test.ml/Alpha- (mode light) RPC regression tests- misc_protocol.out b/tezt/tests/expected/RPC_test.ml/Alpha- (mode light) RPC regression tests- misc_protocol.out
index 8d1c33144314e84a37a40badc97f5daa270dd799..fd9894fe36906ac36606c431302e879d5ee461d2 100644
--- a/tezt/tests/expected/RPC_test.ml/Alpha- (mode light) RPC regression tests- misc_protocol.out	
+++ b/tezt/tests/expected/RPC_test.ml/Alpha- (mode light) RPC regression tests- misc_protocol.out	
@@ -62,8 +62,8 @@
   "smart_rollup_timeout_period_in_blocks": 40320,
   "smart_rollup_max_number_of_cemented_commitments": 5,
   "smart_rollup_max_number_of_parallel_games": 32, "zk_rollup_enable": false,
-  "zk_rollup_origination_size": 4000,
-  "zk_rollup_min_pending_to_process": 10 }
+  "zk_rollup_origination_size": 4000, "zk_rollup_min_pending_to_process": 10,
+  "adaptive_inflation_enable": false }
 
 ./octez-client --mode light rpc get /chains/main/blocks/head/helpers/baking_rights
 [ { "level": 2, "delegate": "[PUBLIC_KEY_HASH]",
diff --git a/tezt/tests/expected/RPC_test.ml/Alpha- (mode proxy) RPC regression tests- misc_protocol.out b/tezt/tests/expected/RPC_test.ml/Alpha- (mode proxy) RPC regression tests- misc_protocol.out
index d8a198814f1ceb298f835d2b5e5426394782a988..a25dda5e86d00c333058b1f8b9eb036ea0b96d0b 100644
--- a/tezt/tests/expected/RPC_test.ml/Alpha- (mode proxy) RPC regression tests- misc_protocol.out	
+++ b/tezt/tests/expected/RPC_test.ml/Alpha- (mode proxy) RPC regression tests- misc_protocol.out	
@@ -62,8 +62,8 @@
   "smart_rollup_timeout_period_in_blocks": 40320,
   "smart_rollup_max_number_of_cemented_commitments": 5,
   "smart_rollup_max_number_of_parallel_games": 32, "zk_rollup_enable": false,
-  "zk_rollup_origination_size": 4000,
-  "zk_rollup_min_pending_to_process": 10 }
+  "zk_rollup_origination_size": 4000, "zk_rollup_min_pending_to_process": 10,
+  "adaptive_inflation_enable": false }
 
 ./octez-client --mode proxy rpc get /chains/main/blocks/head/helpers/baking_rights
 [ { "level": 2, "delegate": "[PUBLIC_KEY_HASH]",
diff --git a/tezt/tests/expected/RPC_test.ml/Alpha- (mode proxy_server_data_dir) RPC regression tests- misc_protocol.out b/tezt/tests/expected/RPC_test.ml/Alpha- (mode proxy_server_data_dir) RPC regression tests- misc_protocol.out
index 9ddbb9469f38708a0c7a543d1e6171f91f1bd7fa..f854ccb5c8d9089dc8518734052933d0bf582821 100644
--- a/tezt/tests/expected/RPC_test.ml/Alpha- (mode proxy_server_data_dir) RPC regression tests- misc_protocol.out	
+++ b/tezt/tests/expected/RPC_test.ml/Alpha- (mode proxy_server_data_dir) RPC regression tests- misc_protocol.out	
@@ -62,8 +62,8 @@
   "smart_rollup_timeout_period_in_blocks": 40320,
   "smart_rollup_max_number_of_cemented_commitments": 5,
   "smart_rollup_max_number_of_parallel_games": 32, "zk_rollup_enable": false,
-  "zk_rollup_origination_size": 4000,
-  "zk_rollup_min_pending_to_process": 10 }
+  "zk_rollup_origination_size": 4000, "zk_rollup_min_pending_to_process": 10,
+  "adaptive_inflation_enable": false }
 
 ./octez-client rpc get /chains/main/blocks/head/helpers/baking_rights
 [ { "level": 3, "delegate": "[PUBLIC_KEY_HASH]",
diff --git a/tezt/tests/expected/RPC_test.ml/Alpha- (mode proxy_server_rpc) RPC regression tests- misc_protocol.out b/tezt/tests/expected/RPC_test.ml/Alpha- (mode proxy_server_rpc) RPC regression tests- misc_protocol.out
index 9ddbb9469f38708a0c7a543d1e6171f91f1bd7fa..f854ccb5c8d9089dc8518734052933d0bf582821 100644
--- a/tezt/tests/expected/RPC_test.ml/Alpha- (mode proxy_server_rpc) RPC regression tests- misc_protocol.out	
+++ b/tezt/tests/expected/RPC_test.ml/Alpha- (mode proxy_server_rpc) RPC regression tests- misc_protocol.out	
@@ -62,8 +62,8 @@
   "smart_rollup_timeout_period_in_blocks": 40320,
   "smart_rollup_max_number_of_cemented_commitments": 5,
   "smart_rollup_max_number_of_parallel_games": 32, "zk_rollup_enable": false,
-  "zk_rollup_origination_size": 4000,
-  "zk_rollup_min_pending_to_process": 10 }
+  "zk_rollup_origination_size": 4000, "zk_rollup_min_pending_to_process": 10,
+  "adaptive_inflation_enable": false }
 
 ./octez-client rpc get /chains/main/blocks/head/helpers/baking_rights
 [ { "level": 3, "delegate": "[PUBLIC_KEY_HASH]",