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Solana Proposal: Introduce Base Fee on Transaction Resource Consumption, Fully Burned, Projected Daily SOL Supply Burn of Over a Thousand Coins

2026.06.01 09:34:09

June 1: Solana developer cavemanloverboy has proposed SIP-547, a plan to refine SOL tokenomics via a resource consumption-based fee burning mechanism. The proposal calls for a base fee of 0.1 lamports per cost unit, charged per transaction, with all collected fees burned entirely. Right now, the network’s daily base fee burn clocks in at just around 648 SOL—an amount that’s negligible compared to the roughly 60,000 SOL in daily inflation. Per community testing data, implementing this mechanism would add an estimated 1,500 to 1,800 SOL in daily burns. It would hit liquidity provider fees by 3 to 5 percent and drive a sharp surge in transaction costs for regular users; some scenarios see costs jump by over 600 percent. The proposal explicitly notes the system can only activate after the Alpenglow consensus upgrade rolls out, and it’s currently in the community discussion phase.
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