Solana Considers Changes to Token Economics with Resource-Based Fee Model

Solana is considering two proposals to slow down the growth of its token supply. The first proposal, SGP-0003, involves implementing a resource-based transaction fee model that would burn more SOL through transaction fees.

The proposed model divides the current base fee into two parts: a fixed inclusion fee paid entirely to the block leader and a dynamic resource fee based on requested computing capacity and network resources. The resource charge would be burned in full, making it deflationary.

The second proposal, SIMD-0550, aims to reduce future SOL issuance by increasing the annual reduction of Solana's inflation rate from 15% to 30%. This would lead to approximately 18.9 million fewer SOL being issued over six years.