Polygon Co-founder Announces Additional 25 Million POL Burn and 1ms PoS Confirmation Goal

Polygon co-founder Sandeep Nailwal announced that the community has permanently burned 100 million POL, representing approximately 1% of the total supply, with an additional 25 million POL scheduled for destruction. Nailwal stated that POL remains an undervalued project and highlighted that Polymarket has launched perpetual futures on the network. Furthermore, upcoming upgrades to Polygon PoS are expected to enable 1-millisecond confirmation times via block streaming, while the OMS upgrade will increase daily transaction processing capacity by approximately 1 million.