Solana Co-Founder Toly Signals Support for SIMD-547, Boosting Daily SOL Burn
Solana co-founder Anatoly Yakovenko has signaled support for SIMD-547, a tokenomics proposal that would add a resource-based fee burn to higher-cost transactions. If implemented, the estimated daily SOL burn could increase from 648 SOL to between 10,800 and 64,800 SOL.
RT @HypoNyms: Today, @temporal_xyz is starting a new discussion to turbocharge the solana economy via SIMD 547 Discuss:
🚨JUST IN: @cavemanloverboy has proposed a Solana tokenomics change that could potentially make $SOL deflationary at high block usage by adding a resource based fee burn, with estimated daily burn rising from 648 $SOL to 10,800 to 64,800 $SOL versus roughly 60,000 $SOL in daily inflation.
JUST IN: @Solana cofounder @toly has signaled support for SIMD-547, a tokenomics improvement proposal that would add a resource based fee burn to higher cost transactions, increasing estimated daily $SOL burn from 648 $SOL per day to 10,800 to 64,800 $SOL. https://t.co/mbdXn1upuN
RT @HypoNyms: Today, @temporal_xyz is starting a new discussion to turbocharge the solana economy via SIMD 547 Discuss: