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Polygon Says 100 Million POL Burned, 22 Million More Pending

Summary by TokenPost
Polygon Foundation founder and CEO Sandeep Nailwal said the completed burn represented about 1% of POL's total supply.

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Polygon prepares a burning of 100 million POL, equivalent to about 1% of the original supply, and lists another 22 million for a later phase. In parallel, the annualized volume of WHO exceeded USD 1 billion for the second consecutive week, according to the reports cited.

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TokenPost broke the news on Monday, October 12, 2026.
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