MATIC MATIC (migrated to POL)
$0.1262
$0.00
(0.00%)
Vol0.15
About MATIC (migrated to POL)
Polygon (Previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Using Polygon, one can create Optimistic Rollup chains, ZK Rollup chains, stand alone chains or any other kind of infra required by the developer. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc with the advantages of Ethereum’s security, vibrant ecosystem and openness. Nothing will change for the existing ecosystem built on the Plasma-POS chain. With Polygon, new features are being built around the existing proven technology to expand the ability to cater to diverse needs from the developer ecosystem. Polygon will continue to develop the core technology so that it can scale to a larger ecosystem. The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.
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3 Crypto Projects Ready to Skyrocket: POL, BCH, ETH
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Polygon Prepares for Major POL Burn
Polygon Foundation CEO Sandeep Nailwal announces plans to permanently burn 100 million POL tokens via a permissionless contract, pending final Security Council approval, with quarterly burns to follow.
BSC News
Polygon to Permanently Burn 100 Million POL Tokens
Polygon Foundation CEO Sandeep Nailwal announced the network will permanently burn 100 million POL tokens, with a recurring quarterly burn mechanism to follow.
Blockchain Reporter
Polygon Foundation CEO Touts $24.5M Revenue as 100M POL Burn Nears
Key Insights: Polygon Foundation CEO Sandeep Nailwal said Polygon plans to permanently burn 100 million POL through a permissionless contract. The announcement paired the proposed supply reduction with his claim of $24.5 million in 2026 revenue. However, the contracts remain on t...
The Coin Republic
Polygon POL Burn: 100M Tokens Set for Permanent Removal as Revenue Hits $24.5M
TLDR: Polygon plans to permanently burn 100M POL after final Security Council approval for mainnet. The collector contract holds 121M POL generated through network base fees from user activity. Polygon reported $24.5M in 2026 revenue, ahead of figures cited for Arbitrum and NEAR....
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Polygon Prepares A Burn That Any Holder Can Set Off, Nailwal Confirms
Any user will be able to set off a permanent 100 million POL burn once new Polygon contracts clear, CEO Sandeep Nailwal said.
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Crypto Daily™
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Alameda Research PortfolioAlleged SEC SecuritiesAnimoca Brands PortfolioBinance LaunchpadCoinbase 50 IndexCoinbase Ventures PortfolioDragonFly Capital PortfolioFTX HoldingsGMCI 30 IndexGMCI IndexGMCI Layer 2 IndexGalaxy Digital PortfolioGovernanceLayer 2 (L2)Polygon EcosystemProof of Stake (PoS)RollupSmart Contract PlatformYZi Labs (Prev. Binance Labs) PortfolioZero Knowledge (ZK)
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