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#Deflationary tokenomics

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Polygon Price Rises 12% Since 100M POL Burn — Can It Hold Above $0.11?
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Polygon Price Rises 12% Since 100M POL Burn — Can It Hold Above $0.11?

Key Highlights Polygon permanently burned 100 million $POL tokens—approximately 1% of total supply—worth roughly $10.22 million on September 23. $POL has surged nearly 12% since the burn, trading near $0.113, but faces immediate resistance at the $0.115 level. The burn introduces a community-governed, fee-funded mechanism linking future token removal directly to Polygon network activity. Polygon ...

Polygon to Permanently Burn 100 Million POL Tokens
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Polygon to Permanently Burn 100 Million POL Tokens

Key Highlights Polygon Foundation CEO Sandeep Nailwal announced a permanent burn of 100 million $POL tokens, with the contract already deployed to testnet and pending Polygon Security Council signatures for mainnet launch. The one-time burn draws from a fee collector holding roughly 121 million $POL, and the community will be able to continue quarterly burns ...