Bullish
Polygon's 100 Million POL Token Burn Contract Ready for Mainnet Deployment
Polygon has announced the readiness of its 100 million POL token burn contract, aiming to permanently remove a significant portion of its circulating supply. This move is part of Polygon's ongoing efforts to enhance tokenomics and reduce inflationary pressures. The burn contract is currently live on the testnet and is awaiting final approval from the Security Council before deployment to the mainnet.
Key points
- Polygon's 100 million POL token burn contract is ready for mainnet deployment, aiming to permanently remove a significant portion of its circulating supply.
- The burn contract is currently live on the testnet and is awaiting final approval from the Security Council before deployment to the mainnet.
- Polygon's 2026 revenue has reached $24.5 million, surpassing Arbitrum's $8.41 million and Near's $5.6 million.
Sources
- Polygon Foundation CEO Says 100 Million POL Burn Contract Is Ready for MainnetBinance News · September 18, 2026
- Polygon Will Let Anyone on the Internet Burn 100 Million POL as Revenue Hits New HighsBitcoins News · September 20, 2026
- Polygon to Deploy Permissionless Burn Contract, Aiming to Burn 100M POLKuCoin · September 18, 2026
- Polygon to Permanently Burn 100 Million POL TokensKuCoin · September 19, 2026
AI-generated from public news sources. Not financial advice.
