Polygon Founder: Network Officially Enters Deflationary State, Over 107 Million POL Burned This Year

Odaily Planet Daily News: Polygon founder Sandeep released data on the X platform, stating that from the beginning of 2026 to now, Polygon has minted approximately 105.2 million new POL tokens, while approximately 107.7 million POL tokens have been burned through the base fee mechanism. With the amount burned exceeding the new issuance, the Polygon network has officially achieved an annual net deflation. Sandeep added that the reduction in POL supply mainly stems from the high transaction volume processed on Polygon as a payment chain, leading to base fee burns. In May, Polygon processed transaction volumes surpassing those of other public chains, with a single-month transaction count reaching 198 million.