Polygon Co-founder: Will Burn an Additional 25 Million POL Tokens, PoS Confirmation Time Approaches 1 Millisecond

TechFlow reports that on September 27, Polygon co-founder Sandeep posted on X stating that the POL community recently utilized accumulated on-chain revenue to permanently burn 100 million POL tokens, representing approximately 1% of the total supply, with an additional ~25 million POL slated for future burns. Sandeep also noted that POL (formerly MATIC) remains "the most underestimated and overlooked project." He mentioned that Polymarket has already launched perpetual contracts on Polygon. Following recent upgrades, Polygon PoS is progressively evolving into a more advanced blockchain, with expectations of achieving 1-millisecond confirmation times through block flow in the future. Furthermore, OMS is poised to add approximately 1 million in daily transaction processing capacity to Polygon.