Solana burns roughly 648 SOL per day. It mints about 60,000. If those numbers feel lopsided, that’s because they are.
A new proposal called SIMD-0547, submitted by a developer known as cavemanloverboy (dr cavey phd) affiliated with the project Temporal, wants to fix that imbalance by introducing a resource-based base fee system that would burn 100% of the fees collected. The proposal was submitted on May 30 and has already attracted endorsements from Solana co-founder Anatoly Yakovenko and teams at Helius and the Solana Foundation.
What SIMD-0547 actually proposes
The core mechanic is straightforward. SIMD-0547 would charge a fixed fee of 0.1 lamport per cost unit on every transaction processed by the network. Every single lamport collected through this mechanism gets burned. Not redirected to validators. Not funneled into a treasury. Burned.
Current estimates suggest the daily SOL burn rate would climb from approximately 648 SOL to somewhere between 1,500 and 1,800 SOL per day. That’s roughly a 2.3x to 2.8x increase, with potential for higher figures if network usage grows.
Even at the upper end of those projections, 1,800 SOL burned daily is still a fraction of the roughly 60,000 SOL minted through inflation each day. The proposal doesn’t flip SOL deflationary overnight. It narrows the gap.
Who’s backing it and why it matters
Yakovenko responded with a “+1” shortly after the proposal went live. Helius, one of Solana’s most prominent infrastructure teams, and representatives from the Solana Foundation have also expressed support.
The community discussion is active on the Solana Improvement Documents GitHub repository, where developers and stakeholders are debating calibration details. The fixed 0.1 lamport per cost unit rate isn’t necessarily final. Community input could adjust the specific parameters before any implementation.
SIMD-0547 can only be activated after the Alpenglow consensus upgrade. No activation timeline has been set, which means even with broad support, this proposal could sit in queue for a while.
What this means for SOL holders and the broader market
A daily burn rate of 648 SOL against daily inflation of 60,000 SOL means the network is burning barely 1% of what it creates. At projected levels of 1,500 to 1,800 SOL burned daily, the network would be removing roughly 2.5% to 3% of daily inflation, a modest but structurally significant improvement over the current 1%.
A fixed 0.1 lamport per cost unit is designed to be low enough that it doesn’t meaningfully alter the cost of transacting on Solana. The burn mechanism is meant to be felt at scale, not per-transaction.
The Alpenglow dependency means SIMD-0547 exists in a holding pattern until that consensus upgrade ships. No activation timeline has been set.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

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