2026-01-11 00:20:43

Polygon switched from MATIC to POL, and this Layer2 route suddenly became hot.

Just look at these numbers: burning 1 million POL daily, at this rate, 3.5% of the total supply will be destroyed in a year. In the past 24 hours alone, over ten million tokens have been burned, directly causing the market to start anticipating deflation effects. Transaction revenue has increased sevenfold, which is no joke.

What’s even more impressive? The daily income from POL reaches $574,000, a significant figure in the entire Layer2 sector. Its open monetary stack framework targets global payment channels, and through improvements like a 30% expansion and gas fee stabilization, it has made large-scale micro-payments possible. Strategically, a payment-first approach is proving effective.

However, behind the highlights, we need to see clearly—the governance issues of the AI-DID framework are still unresolved, and the reputation verification mechanism has shown weaknesses. These are not minor issues.

Overall, POL leverages its deflationary model and payment ecosystem layout, maintaining competitiveness in the Layer2 track. Whether it can ultimately secure the leading position in payments depends on how it addresses these governance challenges.

POL-10,46%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
7
Repost
Share

Comment

0/400

ApeWithAPlan

· 13h ago

Burning coins quickly is quick, but the governance pitfalls will always be pitfalls if not addressed. It's hard to say how long this wave of deflation can last. What gives POL the right to hold the position of payment? It depends on whether it truly solves those AI-DID issues.

View OriginalReply0

SilentObserver

· 01-11 10:53

Deflationary models sound good, but can they really keep burning... No one can say how long this thing can last. POL is currently in the spotlight, but governance needs to catch up quickly, or all efforts might be in vain. The right path has been taken in the payment ecosystem, but the concern is whether it can keep up in the future. These data are indeed impressive, trading revenue has increased sevenfold? That's quite remarkable. If gas fee stabilization can truly be achieved, it will be a great benefit for users. If the AI-DID issue isn't resolved, it will eventually become a hidden risk. Earnings of 574,000 per day, really stands out in Layer2. Burning ten million tokens daily, how many years can this sustained burning last? Prioritizing payments has found its own way. But don't be fooled by surface data; you need to see if it can be sustained in the long run.

View OriginalReply0

LiquidityOracle

· 01-11 00:37

Is the rapid coin burning sustainable enough to support deflation expectations, or is this just another hype cycle? POL this time really has some substance; a sevenfold increase in revenue is not just talk, but the governance loopholes need to be fixed quickly. Micro-payment ecosystems are a scarce category within L2, and I believe in this direction. It's still early for payment giants; let's first solve those framework issues. Will the coin burning mechanism eventually become just a front for cutting leeks? I'm a bit worried about that.

View OriginalReply0

ETHmaxi_NoFilter

· 01-11 00:37

The token burning model is back again. We've seen this trick many times, but the key is how many years it can sustain. The POL number looks impressive, but if governance loopholes aren't fixed, it's doomed to fail. Payment first? Ha, with so many Layer 2 options, why should it be the one to win?

View OriginalReply0

BlockDetective

· 01-11 00:37

Deflation expectations are indeed high, but governance vulnerabilities need to be addressed urgently. --- $570,000 daily revenue sounds impressive, but the question is how long it can last. --- MATIC changing its name to POL is so popular, but it's really just a hype for token burning. --- Leading payment platform? First, get the AI-DID framework clear before talking. --- Millions of tokens not in circulation for a day, this speed is quite intense. --- Transaction revenue has increased sevenfold—impressive, but the reputation verification mechanism is a big pitfall. --- I’m optimistic about the deflationary model, but I don’t believe governance can be fixed quickly. --- Layer2 projects are all competing fiercely now; POL is just an era contender. --- Stabilizing gas fees definitely has potential, but the challenge is whether it can be maintained long-term. --- Another deflationary and payment-focused project, POL seems to be telling a big story. --- An average daily income of over half a million sounds good, provided this data can be sustained.

View OriginalReply0

WhaleInTraining

· 01-11 00:32

Burning coins sounds exciting, but can it really lead to deflation? 3.5% per year isn't that much. POL is indeed gaining popularity now; the sevenfold increase in revenue is incredible. If governance issues aren't resolved, problems will eventually arise. If you still want to be a payment leader, get your own affairs in order first. Burning a million coins daily—how long can this last? Will it be another flash in the pan? An average of 570,000 per day sounds impressive, but is it really leading compared to other Layer2 solutions? Without comparison, there's no harm. I've heard this payment ecosystem strategy many times before; in the end, it never materializes. Waiting to be proven wrong.

View OriginalReply0

ContractExplorer