Polygon Prepares to Burn 100M POL via Permissionless Contract
- —The first contract call will destroy 100 million POL at once, followed by quarterly burns
- —100 million POL is about 1% of the original 10 billion and 0.93% of the current 10.716 billion
- —POL retains issuance with an effective rate of 2% per year after June 2025
- —Nailwal reported $24.5 million in Polygon revenue in 2026 versus $8.41 million for Arbitrum
Why it matters: The burn will reduce POL supply but does not cancel the 2% annual issuance — the deflationary effect depends on future fees.
Source: The Defiant