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But we saved everything 🙂.
Sandeep Nailwal, CEO at Polygon Foundation, highlights that the Polygon community has burned 100 million POL tokens, representing about 1% of the total supply.
Nailwal notes that increased network usage is leading to higher fees and greater rewards—up to approximately 7.7% for those securing the network in the next two months. Nailwal encourages community members who have been waiting for a sign to begin staking to take action now.
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Earlier this year, Sandeep Nailwal outlined how major brands and crypto platforms have adopted Polygon’s blockchain infrastructure, citing growing industry traction in a previous overview. Nailwal also previously confirmed that 100 million POL tokens were permanently removed from circulation, representing about 1% of total supply, as reported in another statement. These developments have accompanied broader engagement from both companies and token holders.