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POL The CEO of the Polygon Foundation announces the permanent destruction of 100 million POL tokens, accelerating the construction of a deflation model.
Sandeep Nailwal, CEO of the Polygon Foundation, announced that the network will permanently destroy 100 million POL tokens, a move further consolidates the transformation of blockchain to a deflationary token model. Nailwal posted a post on Platform X (formerly Twitter) stating that the destruction contract has been deployed to the test network and will be moved to the main network once the Polygon Security Committee completes the final signature. The announcement comes as the Polygon community has been discussing for months how to make POL more deflationary, a discussion that has become particularly urgent as online activity continues to grow.
Structural design of the destruction mechanism
The initial destruction of 100 million POLs is a one-time event, funded by the fee collector that has accumulated approximately 121 million POLs. After the contract is launched, the community can continue to destroy POL tokens flowing into the fee collector on a quarterly basis, transforming base fee revenue into a source of continued supply reduction. Since January 2026, Polygon has been deflationary because network base fees continue to accumulate in collectors, and this destruction translates the accumulated value into a permanent reduction in supply rather than letting it sit idle in the system.
Reason why the foundation promotes destruction
Token destruction is a common tool used by many networks that aim to offset token issuance and support long-term value. For Polygon, the destruction builds on the transition from MATIC to POL and a broader transition to a converged blockchain ecosystem. The permanent removal of tokens from circulation also demonstrates the network's confidence in its ability to continue to generate fee revenue.
POL is the native Gas fee and pledge token of the Polygon ecosystem, and its supply dynamics have attracted much attention since the network separated from MATIC. By directing part of the fee revenue to permanent withdrawal from circulation, this destruction directly links the supply of tokens to real online activity. This model has been widely recognized in the Layer-1 and Layer-2 networks of major competing sustainable token economy models.
Polygon's overall development pattern
According to the foundation, Polygon's revenue in 2026 will be approximately US$24.5 million, and this destruction is launched against this background. The network is reshaping its business structure, including Polygon Labs 'strategic shift towards blockchain payments. At the same time, its ecosystem continues to attract stablecoin activity, such as the PYUSD stablecoin issued by PayPal that is already running on Polygon-this continued use is an important driver of the current destruction mechanism.
