Polygon moves closer to bringing EIP 1559-style fee markets to their proof-of-stake scaling platform. BACKGROUND: Internal analysis showed that the fee burn would remove 0.27% of Polygon’s total supply annually. Unlike Ethereum, Polygon has a fixed supply and will immediately become deflationary when the upgrade takes place on mainnet. Outside of burning token supply, the upgrade will help bring predictability to the Polygon fee market, and software providers will be better able to predict…
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