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Investors support Polygon's update to get rid of POL inflation.
- Polygon investors support the idea of getting rid of POL's 2% annual inflation rate.
Polygon investors support the idea of getting rid of POL's 2% annual inflation rate.
The proposal would implement buyback and #token burning to keep POL price rising.
Community discussions are intensifying as management considers the new issuance plan.
More and more investors are in favor of a fresh initiative aimed at revitalizing #Polygon tokenomics: they are asking the network to permanently eliminate the 2 percent annual POL inflation, introduce buybacks to preserve the value of the coins and protect them from dilution that further weakens already limited wallets.
The proposal is published on the Polygon Governance Forum and initiated by activist investor Venturefounder. He emphasizes that inflation of 2% is constantly squeezing sales and pushing the POL price below the bear market lows of 2022. The goal of the plan is to stop inflation completely or at least gradually reduce it over several quarters, using Treasury funds for a token buyback and burn program.
The Polygon community is wondering why the price of POL has fallen nearly 46% over the past year, despite the project's continued growth and new product launches. Participants believe the problem lies in the tokenomics design, not the team or the technology.
venture founder said that the total number of tokens continues to grow while demand remains stagnant. He explained that the annual inflation rate of 2% adds about 200 million new #POLs to the market every year, increasing the number of sellers and decreasing the number of buyers.
#Polygon @0xPolygon $POL
- Polygon investors support the idea of getting rid of POL's 2% annual inflation rate.
Polygon investors support the idea of getting rid of POL's 2% annual inflation rate.
The proposal would implement buyback and #token burning to keep POL price rising.
Community discussions are intensifying as management considers the new issuance plan.
More and more investors are in favor of a fresh initiative aimed at revitalizing #Polygon tokenomics: they are asking the network to permanently eliminate the 2 percent annual POL inflation, introduce buybacks to preserve the value of the coins and protect them from dilution that further weakens already limited wallets.
The proposal is published on the Polygon Governance Forum and initiated by activist investor Venturefounder. He emphasizes that inflation of 2% is constantly squeezing sales and pushing the POL price below the bear market lows of 2022. The goal of the plan is to stop inflation completely or at least gradually reduce it over several quarters, using Treasury funds for a token buyback and burn program.
The Polygon community is wondering why the price of POL has fallen nearly 46% over the past year, despite the project's continued growth and new product launches. Participants believe the problem lies in the tokenomics design, not the team or the technology.
venture founder said that the total number of tokens continues to grow while demand remains stagnant. He explained that the annual inflation rate of 2% adds about 200 million new #POLs to the market every year, increasing the number of sellers and decreasing the number of buyers.
#Polygon @0xPolygon $POL
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