Polygon founder: The network has officially entered a deflationary state, with more than 107 million POL burned so far this year
ChainCatcher reports that Polygon founder Sandeep released data on platform X, stating that since 2026, Polygon has minted approximately 105.2 million new POL, while the base fee mechanism has burned about 107.7 million POL. The number of tokens burned has surpassed the new issuance, meaning the Polygon network has officially achieved an annual net deflation.
Sandeep added that the reduction in POL supply mainly comes from the base fee burns due to Polygon serving as a payment chain with high transaction volume. In May, Polygon processed more transactions than other public chains, with monthly transaction numbers reaching 198 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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