Foresight News|Sep 19, 2026 01:28
[Polygon Foundation CEO: 100 Million POL Ready for Permanent Burn]
Foresight News reports that Polygon Foundation CEO Sandeep Nailwal tweeted that 100 million POL are ready for permanent burn. The relevant contract has already been deployed on the testnet and will go live on the mainnet after final approval by the Security Council. After the initial one-time burn of 100 million POL, it will transition to quarterly burns, which can be triggered by any user in the community.
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