Polygon’s MATIC Becomes Deflationary After EIP 1559 Launches

in #polygon • 3 years ago

Polygon MATIC burning.jpg

The Polygon team revealed today that Ethereum Improvement Proposal (EIP 1559) is going live on the Polygon blockchain protocol.

With the upgrade, the supply of MATIC becomes deflationary, which means that through burning, coins will be removed from circulation. Also, the step improves fee visibility.

Read more on BlockchainToday
Polygon’s MATIC Becomes Deflationary After EIP 1559 Launches

#matic #crypto
3 years ago in #polygon by
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