BlockBeats News, June 1st. Solana developer cavemanloverboy proposed SIP-547, suggesting to improve the SOL tokenomics through a resource consumption-based fee burning mechanism. The proposal recommends a base fee of 0.1 lamport/cost unit to be charged per transaction according to the cost of resources and to be fully burned. The current daily base fee burn on the network is only about 648 SOL, which is minimal compared to the daily inflation of around 60,000 SOL.

Based on community testing data, if this mechanism is implemented, the estimated daily additional burn would be around 1,500–1,800 SOL. This would impact liquidity provider fees by about 3–5% and significantly increase transaction costs for regular users, with some scenarios seeing an increase of over 600%. The proposal clearly states that this mechanism can only be activated after the Alpenglow consensus upgrade and is currently in the community discussion phase.