
Polygon to burn 100 million POL permanently
- —The 100 million POL burn is one-time, from a fee collector holding ~121 million POL
- —Contract is on testnet, mainnet awaits Security Council signatures
- —Going forward, quarterly burns from base-fee revenue
- —Polygon has been in deflationary mode since January 2026
Why it matters: The burn ties POL supply to real network activity and strengthens the token's deflationary model.
Source: BlockchainReporter