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#Polygon

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Polygon to Conduct Permissionless Burn of 100 Million POL
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Polygon to Conduct Permissionless Burn of 100 Million POL

Key Highlights Polygon Foundation CEO Sandeep Nailwal announced a permissionless contract to burn 100 million POL tokens—approximately 83% of the base-fee collector’s current 121 million token balance—with the first burn executing immediately upon mainnet deployment. The one-time burn represents roughly 0.93% of the current 10.716 billion POL total supply and less than 1% of the ...