DeFi· ★★★· bullish·

Polygon founder: 100 million POL to be burned permanently

  • 100 million POL prepared for permanent burn
  • Contract deployed on testnet, awaiting Polygon Council sign-off
  • After launch, anyone can trigger the first burn
  • Community members can then burn tokens once per quarter
Why it matters: The supply cut could support POL's price, though the impact depends on emission levels and network demand.
Source: PANews