Solana’s fee overhaul increases burn and makes resource hogs pay
Solana’s proposed fee overhaul would make resource-heavy transactions more expensive while cutting costs for simpler activity, and it increases the amount of SOL burned.
Solana's proposed fee overhaul aims to charge resource-heavy transactions more and simplify costs for simpler activities. This change would increase the amount of SOL burned and potentially make the token deflationary over time. The proposal, SIMD-0553, would tie fees more closely to the resources requested by each transaction. Currently, all transactions pay the same fee regardless of resource usage.
However, the change has been met with mixed reactions. Some contributors argue that validator incomes should not be reduced arbitrarily, while others question whether the new fee model could make Solana harder to use. Despite the concerns, the proposal remains in the support and discussion phase of Solana's governance process.
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