TREE NEWS update: Polygon founder Sandeep Nailwal said the network is set to permanently burn 100 million POL tokens, with the contract now on testnet and awaiting final sign-off from the Polygon Council before mainnet deployment. Once live, anyone can trigger the first burn, after which community members can execute a burn once per quarter.
Polygon to Permanently Burn 100M POL Tokens After Council Sign-Off
The burn's design—open to any trigger initially, then community-executed quarterly—matters more than the token count, since it sets a repeatable, permissionless deflationary mechanism rather than a one-off event. That shifts attention to how predictable and transparent those quarterly burns prove in practice. The immediate variable is the Polygon Council's sign-off and mainnet deployment; whether the cadence holds and who actually triggers the burns is the open question.
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