Token Burns Continue for Popular Altcoin; Latest Burn Amount Revealed
Key Highlights Polygon Foundation CEO Sandeep Nailwal announced on September 24 that 100 million $POL tokens have been permanently burned, removing approximately 1% of the total supply from circulation. The tokens were sent to an inaccessible address in a process known as “token burning,” making them permanently unrecoverable and unable to re-enter the market. Nailwal’s ...