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100 million POL burned in supply reduction, Sandeep Nailwal confirms

100 million POL burned in supply reduction, Sandeep Nailwal confirms
100 million POL tokens permanently burned

Sandeep Nailwal, CEO at Polygon Foundation, announced the permanent burn of 100 million POL tokens, representing about 1% of the token's total supply.

The action is described as a completed burn, reducing the overall POL token circulation.

Nailwal previously highlighted the growing number of major brands and crypto platforms built on Polygon in an interview, citing corporate and fintech adoption here. He has also commended Solana’s marketing campaign for supporting charitable donations to Nepal here. These comments come as Polygon’s token management strategy continues to evolve.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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