TREE NEWS update: Polygon co-founder Sandeep Nailwal said the POL community has burned 100 million POL, about 1% of total supply, accumulated from on-chain revenue, with roughly 25 million more POL still being accumulated for burning. He also said Polymarket has launched perpetual contracts on Polygon, and that upcoming upgrades could bring 1-millisecond block confirmation via block streaming. OMS is set to add about 1 million daily transactions of capacity to Polygon.
Polygon Co-Founder Says 25M More POL to Be Burned, Eyes 1-Second Finality
The burn is notable less for its size than for its funding source: it is being paid for out of on-chain revenue, which turns a supply headline into a test of whether network activity can sustain deflationary pressure without relying on token emissions. The Polymarket perpetuals launch and the OMS capacity addition point to the same demand-side thesis — more transactions to fund more burns. The open question is whether the promised sub-second confirmation and block streaming arrive on schedule, since faster finality is what would make Polygon competitive for latency-sensitive trading rather than just cheaper.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.