Polygon (MATIC) Releases 1 Billion 400 Million Tokens: What Will Happen When Completed?

Polygon (MATIC), which has increased by 82% in the last 1-month period, has unlocked 1 billion 400 million tokens since April 1, 2021.

in total 10 billion supply Polygon launched its latest offering just before the cryptocurrencies crash that started with the LUNA collapse. Polygon’s native token MATIC has reached its maximum supply this year. in October will reach.

Approximately 1.5 years of tokens opened in the process 640 million to the developer team, 546 million to the Polygon foundation and 200 million to stake rewards distributed. currently on the market 9,726,695,184 has tokens. It will finally open for the foundation next October 273 million token place taking. After this situation, it is expected that the increase in the price of MATIC, which will not have an inflationary structure, will be easier.

Ethereum layer-2 scaling platform Polygon was selected for the “2022 Disney Accelerator” program based on web3 technology of The Walt Disney Company, one of the world’s largest media companies, in recent weeks. MATIC, which started to rise with this program, became one of the most rising altcoins in July.

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