With SIMD-0096 approved, Solana validators will receive priority fees.

Solana brush

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Validators voted in favor of Solana Improvement Document (SIMD)-0096. Instead of splitting the burn fee and reward validators 50/50 as before, the proposal is to send all transaction priority fees to the validators for the block created.

This proposal aims to help secure the network by improving incentives for how validators receive priority fees. SIMD-0096 can also improve incentives within the validator system by eliminating possible side transactions between block producers and transaction submitters.

“This will ensure that validators are properly incentivized to prioritize network security and efficiency rather than being incentivized to engage in potentially harmful side transactions,” the original proposal stated.

The proposal received 77% support in an on-chain vote from network validators.

Priority fees are a way to ensure that your transaction is placed at the front of the execution queue. This is an optional fee that users can add to their transactions to increase coverage.

SIMD-0096 proposed discontinuing priority fee burning in Solana transactions while maintaining a 50% burn of the base fee (or regular fee) paid within Solana transactions.

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