How many Matic do you burn?

For Token Holders: Since MATIC is a fixed supply, the burning mechanism will contribute to deflation . According to simulations, the annual burnt MATIC will be 0.27% of the total supply. For Users: Enjoy lower gas fees than Ethereum while allowing for better fees prediction in the future.17 Şub 2022

That mean’s the there will be around 27 million MATIC burned that first year . After five years, around 134.2 million will have disappeared forever. Finally, in Year 10 the total supply will be down to approximately 9.73 billion.23 Oca 2022

MATIC is the native cryptocurrency of the Polygon network and is used to help drive development across the network and can be used for staking and paying for transaction fees . Users can earn MATIC tokens by providing computational resources and services to the Polygon network.