A governance proposal on the Solana network seeks to transform the SOL token supply dynamics through two improvement documents submitted simultaneously, SIMD-0550 and SIMD-0553, which would act on circulation from opposite ends.
SIMD-0553 introduces resource-based fees for each transaction, which would raise the daily SOL burn from the current 650 tokens —around $47,000— to a range of between 7,500 and 9,000, equivalent to roughly $650,000 per day.
SIMD-0550, for its part, doubles the annual disinflation rate to 30%, bringing the inflation floor of 1.5% forward to 2029 instead of 2032 and eliminating approximately 18.9 million SOL in emissions over six years, valued at around $1.36 billion.
Even so, even at the top of the projected range, the 9,000 SOL burned daily fall well short of offsetting the 60,000 the network emits each day through inflation, meaning the change would not make Solana’s token deflationary on its own. That is precisely why both proposals are being presented together.
To reach a formal vote, the package needs to surpass the 15% threshold of staked SOL, around 64.9 million tokens. Current accumulated support stands at 24.94 million, contributed by 16 validators on Solana. The Helius infrastructure alone accounts for 16.03 million of that total. The signaling deadline closes on August 18.
Source: https://governance.solana.com/proposal/AGHDQ6gjRFJPoyEcHuc4X7sbxJwyJfeKTb3UrGFzFNZD
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