BREAKING: Polygon just burned 100M
$POL tokens, but tokens still remain net inflationary.
On September 23, Polygon announced they've burnt ~1% of the original 10 billion supply, or ~0.93% of the current ~10.7 billion supply.
The burned tokens can be traced back to the base-fee collector contract, which has accumulated ~121M POL from actual network activity.
Polygon says POL has been net-deflationary since January 2026 because fees collected outpaced new issuance for part of the year.
The important change is the process, not the burn figure. Future burns are designed to be quarterly and community-triggered, linking supply reduction to actual usage rather than one-off marketing burns.
POL is not a hard-capped, always-shrinking asset.
It started at 10B and has ~2% annual inflation with no Max Supply.
Independent data from POLTRACK (through Sep 21 and before these burns) showed that POL is still inflationary for the latest month.
For the last 30 days:
> Base fee accrued towards burn: 13.84M POL
> Protocol emissions: 17.43M POL
> Net supply change: +3.59M POL
So, over the past 30 days, POL was net inflationary again.
YTD burn accruals are ~151.7M POL, while emissions run at a similar scale.
POLTRACK's longer-term scenario still shows POL supply going higher by 2033.
POL is up ~55% from early July.