BTC
ETH
HTX
SOL
BNB
View Market
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt

Polygon Founder: Network Officially Enters Deflationary State, POL Burn Volume Exceeds 107 Million This Year

2026-07-02 12:06

Odaily Planet Daily News: Polygon founder Sandeep released data on platform X, stating that from 2026 to now, Polygon has newly minted approximately 105.2 million POL, while approximately 107.7 million POL has been burned through the base fee mechanism. As the burn volume exceeds the new issuance, the Polygon network has officially achieved an annual net deflation. Sandeep added that the reduction in POL supply is mainly due to the base fee burn brought about by Polygon's high transaction volume as a payment chain. In May, Polygon processed a transaction volume exceeding that of other public chains, with a single-month transaction count reaching 198 million.