Polygon's Proof of Stake (PoS) network has reached a new all-time high in daily fees burned, according to founder Sandeep Nailwal. The network successfully burned 3 million POL tokens, representing 0.03% of the total supply, within a 24-hour period. This milestone highlights the increasing activity and demand on the Polygon network, contributing to its deflationary tokenomics.
Polygon PoS Achieves Record Daily Fee Burn, Eliminates 3M POL
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
