Polygon co-founder Sandeep Nailwal said approximately 25 million POL is ready to be permanently burned, adding to the 100 million POL already removed from circulation through on-chain revenue. The cumulative burn represents roughly 1% of POL’s total supply, with additional amounts continuing to accumulate. The network is advancing infrastructure upgrades including block streaming, which is aimed at reducing confirmation times to 1 millisecond after a recent Polygon PoS upgrade. Polymarket has launched perpetual contracts on Polygon, expanding its derivatives activity on the chain. Nailwal also highlighted Open Money Stack, or OMS, an integrated stablecoin payments and settlement infrastructure that combines wallets, fiat ramps and cross-chain routing through a single API. He said OMS is poised to generate approximately 1 million new daily transactions on Polygon. POL was formerly known as MATIC.