Polygon Foundation CEO: 100 Million POL Permanently Burned, Roughly 1% of Total Supply

Odaily — Polygon Foundation CEO Sandeep Nailwal posted that 100 million POL has been permanently burned, accounting for approximately 1% of the total supply.

Previously, Sandeep Nailwal stated that the relevant burn contract was ready and could be triggered by any community member, and noted that in the future the community could consider conducting a POL burn every quarter.