Polygon The foundation founder said that 100000000 tokens have been burned POL, with 22000000 tokens planned to be burned in the next phase
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AT A GLANCE
Sandeep Nailwal said 2 tokens were burned weeks ago 100000000 tokens POL, with 22000000 tokens planned to be burned in the next phase.
Article
Polygon Foundation founder: 2 weeks ago, burned 100000000 tokens POL, with 22000000 tokens POL
PANews October 12 news,Polygon Foundation founder Sandeep Nailwal posted that 2 weeks ago,Polygon the protocol burned 100000000 tokens POL(approximately 1%). At present, the amount of POL planned to be burned in the next phase has reached 22000000 tokens (approximately 0.2%)。
Sandeep Nailwal stated that 2 weeks ago Polygon the protocol burned tokens using fees generated by the network 100000000 tokens POL。
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100000000 tokens POL approximately % of the total supply 1%。
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planned to be burned in the next phase 22000000 tokens POL, approximately % of the total supply 0.2%。
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The above information was reported by PANews.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A token burn refers to removing tokens from the supply. The original text states that some POL have already been burned, while another 22000000 tokens POL are in the planned-burn phase.
Why it matters to readers
If the burn is actually carried out, the supply of POL may decrease; however, the original text does not explain whether the burn transaction or the plan's execution has been independently verified.
Beginners should distinguish between “already burned” and “planned to be burned”: the former is described in the original text as having occurred, while the latter remains a future arrangement.
Risks and unknowns
The original text does not provide the corresponding on-chain transaction or official record.
The actual burn time and execution status of the 22000000 tokens POL planned for the next phase are not stated.
The actual impact of the burn on the POL price or demand cannot be determined from the original text.
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