CoinScoopPolygon Foundation CEO: 100 Million POL Permanently Burned
Polygon Foundation CEO Sandeep Nailwal announced that 100 million POL tokens, representing approximately 1% of the total supply, have been permanently burned. The burn contract is designed to be triggered by community members, and the foundation has suggested that future burns could occur on a quarterly basis.
Summaries are written by AI from the original article. Not investment advice.