POL · a 2% emission that the base-fee burn now cancels out.
POL is the native token of Polygon PoS and the staking token for Agglayer, an ERC-20 on Ethereum — ~10.68B circulating, no maximum supply, and fully unlocked, so supply moves only on emission versus burn.
Sell pressure. A fixed ~2% annual emission — 1% to validators, 1% to the community treasury — mints about 52M POL over the next 90 days. It is the only source of new supply.
Buy pressure. The EIP-1559 base-fee burn removes about 53M POL over the same 90 days — record payments activity now burns slightly more than emission mints.
Net. Roughly flat — the burn now offsets the emission, leaving POL marginally net deflationary over the next 90 days.
POL runs a fixed ~2% annual emission — 1% to validators and delegators as staking rewards and 1% to the community treasury — which mints about 52M new POL over 90 days. There is no maximum supply, and this emission is the network's only source of new tokens.
The original MATIC allocation finished unlocking in 2023 and migrated to POL one-for-one, so there is no team, investor or ecosystem vesting schedule left to release — every token outside the ongoing emission is already circulating.
The community treasury — which receives the 1% treasury share of emission and holds a large accumulating balance — and the Polygon Foundation and Labs treasuries are the tracked team-controlled overhangs. Neither made an observed discretionary release into the market over the window, so this row is 0.
No bankruptcy estate or court-ordered distribution applies to POL.
Polygon runs no programmatic token buyback — protocol fees are not used to buy POL on the open market.
Every Polygon PoS transaction burns its EIP-1559 base fee. Network activity — led by record stablecoin payment volume — burned about 53M POL over 90 days, slightly more than the roughly 52M minted by emission, which tipped the network marginally net deflationary in 2026.
No Foundation or treasury open-market buying of POL was observed in the window — monitored.
About 3.6B POL is staked to secure the network, but staking is continuous and no new multi-year lock or escrow was announced in the window.
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