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Polygon is reportedly preparing to burn 100 million POL tokens

Blockonomi reports that the burn would remove roughly 1% of POL’s supply, using tokens held in a collector contract containing 121 million POL.

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2 Sources, 21d ago, first seen 21d ago

TLDR

Blockonomi reports that Polygon is preparing to burn 100 million POL tokens after revenue reached $24.5 million in 2026. The planned burn represents roughly 1% of supply and would use tokens from a collector contract holding 121 million POL. Quarterly burns are planned after approval, the publisher says.

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6.2K

2 Sources, first seen 21d ago

159 likes4 comments24 reposts

Combined views

6.2K

2 Sources, first seen 21d ago

159 likes4 comments24 reposts

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2 Sources

Blockonomi@blockonomi🔥 Polygon is preparing to burn 100M $POL, roughly 1% of supply, after revenue hit $24.5M in 2026. The burn will use tokens held in a 121M POL collector contract, with quarterly burns planned after approval. 📉📈 #Polygon #POL #Crypto #Blockonomi Full Story Below 👇 https://blockonomi.com/polygon-pol-burn-100m-tokens-set-for-permanent-removal-as-revenue-hits-24-5m/21d
crypto.news@cryptodotnewsJUST IN: Polygon plans to permanently burn 100 million $POL once its permissionless burn contract reaches mainnet. Polygon Foundation CEO Sandeep Nailwal says the burn is pending Security Council approval, after which the contract will allow anyone to trigger the permanent removal of the tokens.21d
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    2 Sources

    Blockonomi@blockonomi🔥 Polygon is preparing to burn 100M $POL, roughly 1% of supply, after revenue hit $24.5M in 2026. The burn will use tokens held in a 121M POL collector contract, with quarterly burns planned after approval. 📉📈 #Polygon #POL #Crypto #Blockonomi Full Story Below 👇 https://blockonomi.com/polygon-pol-burn-100m-tokens-set-for-permanent-removal-as-revenue-hits-24-5m/21d
    crypto.news@cryptodotnewsJUST IN: Polygon plans to permanently burn 100 million $POL once its permissionless burn contract reaches mainnet. Polygon Foundation CEO Sandeep Nailwal says the burn is pending Security Council approval, after which the contract will allow anyone to trigger the permanent removal of the tokens.21d
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