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.
