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LATESTPolygon Prepares Permissionless Burn of 100 Million POL

Published Source: The DefiantRead original

Crypto Insight Summary: Contracts are on testnet and await final Security Council signatures, with later base-fee burns set to become community-callable each quarter, Sandeep Nailwal said. Crypto Insight Analysis: Direction: Bullish MATIC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Token burn increases scarcity, potentially boosting price over time.

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Polygon Prepares Permissionless Burn of 100 Million POL — Crypto Insight