On Oracle Solaris hosts, the Oracle VM VirtualBox watchdog service daemon is integrated into the SMF framework. You can change the parameters, but do not have to if the defaults already match your needs:
svccfg -s svc:/application/virtualbox/balloonctrl:default setprop \ config/balloon_interval=10000 svccfg -s svc:/application/virtualbox/balloonctrl:default setprop \ config/balloon_safetymargin=134217728
svcadm refresh svc:/application/virtualbox/balloonctrl:default
If you forget the above command then the previous settings will be used when enabling the service. Check the current property settings with the following command:
svcprop -p config svc:/application/virtualbox/balloonctrl:default
When everything is configured correctly you can start the Oracle VM VirtualBox watchdog service with the following command:
svcadm enable svc:/application/virtualbox/balloonctrl:default
For more information about SMF, please refer to the Oracle Solaris documentation.