Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

Activist investor pushes Polygon tokenomics overhaul amid POL price slump

3d ago
bullish:

0

bearish:

0

Share

Activist investor calls for Polygon to scrap 2% inflation and launch buybacks to rescue POL’s price and restore investor confidence.

A new proposal to overhaul Polygon’s tokenomics is gaining momentum on the project’s governance forum and across social media, as investors voice frustration over POL’s steep underperformance compared to the broader crypto market.

The proposal, authored by activist token investor Venturefounder, calls for major revisions to Poilygon’s (POL) supply model, including the elimination of its 2% annual inflation rate and the introduction of a treasury-funded buyback or burn program to reduce ongoing sell pressure.

“These changes are intended to align the supply dynamics of POL with its current technological and strategic reality, reinforce investor confidence, and prevent further token devaluation and network stagnation,” Venturefounder wrote in the forum post.

Read more

3d ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.