tldr; An activist investor, Venturefounder, has proposed an overhaul of Polygon’s tokenomics to address the underperformance of its POL token. The proposal suggests eliminating the 2% annual inflation rate and introducing a buyback or burn program to reduce sell pressure. Venturefounder argues these changes could align POL’s supply dynamics with market realities and boost investor confidence. The proposal has sparked debate within the Polygon community, with some questioning its feasibility and impact on network security. Polygon’s token has faced a 46% decline over the past year despite technical advancements.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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tldr; An activist investor, Venturefounder, has proposed an overhaul of Polygon’s tokenomics to address the underperformance of its POL token. The proposal suggests eliminating the 2% annual inflation rate and introducing a buyback or burn program to reduce sell pressure. Venturefounder argues these changes could align POL’s supply dynamics with market realities and boost investor confidence. The proposal has sparked debate within the Polygon community, with some questioning its feasibility and impact on network security. Polygon’s token has faced a 46% decline over the past year despite technical advancements.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.