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Solana community proposes introducing a resource consumption-based base fee burning mechanism to improve the SOL token economy
Deep Tide TechFlow News, June 01, According to the GitHub Solana Improvement Document (SIMD) discussion forum, developer cavemanloverboy proposed improving the SOL token economic model through a resource consumption-based fee burning mechanism. The proposal suggests charging a base fee of 0.1 lamport/cost unit per transaction request and burning it in full. The current network's daily base fee burning amount is only about 648 SOL, which is negligible compared to the approximately 60,000 SOL/day inflation rate.
Based on community testing data, if this mechanism is implemented, the estimated daily new burning amount would be about 1,500–1,800 SOL, affecting market makers' fees by approximately 3–5%, while the impact on regular users' transaction costs would be relatively significant (in some scenarios, an increase of over 600%). The proposal clearly states that this mechanism can only be activated after the Alpenglow consensus upgrade, and it is still under community discussion.