CryptoBriefing and Bitcoinist both cover simulations of SGP-0003's fee changes but give different projected ranges for how much daily SOL burns could rise.
What all sources agree on
- SGP-0003 is a governance proposal that would replace Solana's current flat transaction fee model with a resource-based fee structure.
- The current daily SOL burn rate is cited as roughly 648-650 SOL per day.
- A simulation was used to model the proposal's potential fee impact on Solana applications, including routers and aggregators such as Jupiter.
- The proposal would burn the new resource-based fee in full, unlike the current flat fee.
Where the reports disagree
1Projected upper-range increase in daily SOL burns under SGP-0003
The simulation projects that SGP-0003 would push daily burns to somewhere between 1,500 and 9,000 SOL per day.
If approved, the change is projected to increase daily SOL burns from roughly 650 SOL to between 7,500 and 9,000 SOL.
What would settle it: The underlying SGP-0003 simulation dataset or methodology published by analyst @MostlyData_ or the Solana governance materials referenced by Bitcoinist.
What to make of it
Treat the current ~648-650 SOL/day burn rate and the existence of the SGP-0003 fee-restructuring proposal as established; do not rely on either the 1,500-9,000 or 7,500-9,000 SOL/day upper-range burn projections until the simulation data or governance record they draw on is checked.
Treat the current ~648-650 SOL/day burn rate and the existence of the SGP-0003 fee-restructuring proposal as established; do not rely on either the 1,500-9,000 or 7,500-9,000 SOL/day upper-range burn projections until the simulation data or governance record they draw on is checked.