Polygon Co-founder Sandeep Nailwal: 25 Million POL Awaiting Burn, Open Money Stack to Boost Daily Transactions
Polygon co-founder Sandeep Nailwal announced that approximately 25 million POL tokens are currently queued for burning, following a previous community-led burn of 100 million POL. Nailwal also highlighted the launch of perpetual futures on Polymarket via Polygon and noted that ongoing upgrades to the Polygon PoS chain aim to reduce block confirmation times to 1 millisecond. Additionally, the Open Money Stack (OMS), an infrastructure suite for stablecoin payments and settlement, is expected to generate approximately 1 million new daily transactions on the Polygon network.
Summaries are written by AI from the original article. Not investment advice.