Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
POL Polygon Foundation CEO announces permanent destruction of 100 million $POL tokens
Polygon Foundation CEO Sandeep Nailwal announced plans to permanently remove 100 million $POL tokens from circulation. The move marks one of the most significant supply-reduction actions in the network's history.
How the destruction mechanism works
Polygon is preparing to deploy a permission-free destruction contract that will allow anyone to permanently destroy 100 million POL tokens. This amount represents approximately 83% of the 121 million tokens held by Polygon's basic fee collector.
Currently, smart contracts are online on Testnet and will be deployed to Mainnet after final approval from the Security Council. The destruction mechanism allows communities to trigger the first destruction, followed by a quarterly base fee destruction.
Based on the above data, after the first destruction, approximately 21 million $POL tokens will remain in the basic fee collector, and the balance will gradually increase as additional fees accumulate.
The 100 million tokens destroyed this time are equivalent to 1% of the initial total supply of 10 billion $POL. According to Blockscout data, the total supply of $POL is approximately 10.716 billion units, so the planned destruction amount accounts for approximately 0.93% of the total.
Deflation drivers and macro background
This announcement is the result of months of discussions in the Polygon community to explore how to make $POL more deflationary while online activity continues to grow.
Nailwal表示，自2026年1月起，$POL已处于通缩状态。与此同时，他还引用了网络的收入数据，声称Polygon在2026年的收入为2450万美元，而Arbitrum为841万美元，Near为560万美元。
然而，他同时也指出，这些比较数据源自“我在ChatGPT上的分析师”，且帖子并未提供具体的数据集或方法论。因此，这些数据应谨慎对待。
下一步是待剩余的安全委员会审批完成后，在主网上正式部署。截至Nailwal发帖时，首批1亿枚$POL尚未被销毁。
