Polygon Launches 1 Billion POL Community Grant Program

Polygon Labs announced the launch of a 1 billion POL community grant plan CGP, with 35 million MATIC allocated to projects built on Polygon in the first quarter. Applications are now open and will close on August 31, 2024.Polygon Labs stated that a community treasury has been created based on community consensus, which will unlock 1 billion POL over the next 10 years, with approximately 100 million POL per year, all owned by builders.