Polygon co-founder: An additional 25 million POL will be burned, PoS confirmation time moves towards 1 millisecond

Polygon co-founder Sandeep posted on the X platform, stating that the POL community has recently accumulated and permanently destroyed 100 million POL through on-chain revenue, accounting for about 1% of the total supply, and will additionally destroy about 25 million POL in the future.

Sandeep also mentioned that POL (formerly MATIC) remains "the most undervalued and overlooked project." According to him, Polymarket has launched perpetual contracts on Polygon, and with the recent upgrade, Polygon PoS is gradually evolving into a more advanced blockchain, expecting to achieve a 1 millisecond confirmation time through block flow in the future. Additionally, OMS is about to enable Polygon to handle approximately 1 million new transactions daily.