Activist Investor Pushes for Polygon Tokenomics Overhaul Amidst Price Slump

A new proposal to revamp Polygon’s token economics is gaining traction within the project’s governance forum, fueled by investors’ frustration over POL’s sharp price decline compared to broader crypto markets. The proposal, spearheaded by investor Venturefounder, calls for major changes to Polygon’s (POL) supply model, including eliminating its 2% annual inflation rate and introducing a treasury-funded buyback or burn program to alleviate ongoing sell pressure. ʼThese changes aim to align POL’s supply dynamics with its current technological and strategic reality, bolster investor confidence, and prevent further devaluation and network stagnation’, Venturefounder wrote in the forum post.