CryptoMedium•12 October 2026•
1 min read
Polygon Foundation Burns 100 Million POL Tokens to Reduce Supply by 1%
Key Facts
1Polygon founder Sandeep Nailwal announced the completion of a 100 million POL token burn, representing approximately 1% of total supply.
2An additional 22 million POL tokens are currently pending for future burning.
Polygon founder Sandeep Nailwal announced the completion of a 100 million POL token burn, representing approximately 1% of the total supply. TokenPost reported that the destruction of these tokens is part of a broader mechanism to manage circulating supply, with an additional 22 million POL tokens currently pending for future burning.
The token burn is intended to increase the scarcity of the remaining assets within the Polygon ecosystem. These deflationary measures involve a significant portion of the network's fees, with the pending 22 million tokens accounting for roughly 0.2% of the supply as of October 12, 2026.