▲ Bullish
Sandeep Nailwal, co-founder of Polygon, announced on X that approximately 25 million $POL tokens will be burned, following the permanent destruction of 100 million tokens, which represents 1% of the total supply.
He also highlighted that Polymarket has launched perpetual contracts on the Polygon network and that a recent upgrade to Polygon PoS is set to implement block streaming, reducing confirmation times to 1 millisecond.
Additionally, the Open Money Stack (OMS) will integrate wallets, fiat on/off ramps, stablecoin transfers, and cross-border payments for stablecoin settlements.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.