CoinScoopPolygon Burns 100 Million POL Tokens
Polygon has burned 100 million POL tokens, representing approximately 1% of its total supply, as of September 23, 2026. These tokens were sourced from network activity revenue rather than foundation reserves. An additional 25 million POL are currently queued for future burning, though no specific timeline has been established. This mechanism follows the network's previous fee-burning practices under EIP-1559.
Summaries are written by AI from the original article. Not investment advice.