Solana's new proposal aims to improve the economic model of the SOL token by implementing a resource consumption-based cost burning mechanism.

On June 1st, Solana developer cavemanloverboy released a proposed proposal, SIMD 547, suggesting an improvement to the SOL token's 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 and burning it entirely. Currently, the network burns only about 648 SOL daily, negligible compared to the inflation rate of approximately 60,000 SOL per day. According to community testing data, if this mechanism is implemented, the daily increase in the amount of SOL destroyed is expected to be approximately 1,500 to 1,800, impacting market maker fees by about 3% to 5%, and significantly affecting transaction costs for ordinary users, with an increase of over 600% in some scenarios. The proposal states that this mechanism can only be activated after the Alpenglow consensus upgrade, and it is currently still in the community discussion stage.