The on‑chain proposal SGP-0003 would alter Solana’s fee structure and could increase daily SOL burning by almost fourteen times.

Proposal mechanics

Developer cavemanloverboy proposes splitting the 5 000 lamports signature fee so that half is paid to the block leader and half is tied to consumed compute units and then burned.

Under this model, simple transactions would become marginally cheaper while computation‑heavy operations would face noticeably higher fees, shifting cost burden toward intensive users.

Estimated burn and issuance

Proponents estimate current burning at roughly 650 SOL per day, equivalent to $51 000, rising to about 7 500–9 000 SOL daily after the change.

The proposal notes that daily network issuance remains near 60 000 SOL, so the adjusted burn would materially increase the share of supply removed from circulation.

Support and governance status

Co‑founder Anatoly Yakovenko previously expressed support for a similar approach, while some developers expect significantly lower burn volumes than those projected.

To reach a governance vote, SGP-0003 requires support from 15% of staked SOL, equal to 64.9 million coins; the proposal has currently gathered 26.28 million, or 40.5% of that threshold.

The collection period is scheduled to end on 18 August.

Implications

If adopted, the fee reallocation could reprice complex on‑chain operations and substantially raise the protocol’s daily burn, altering short‑term supply dynamics.