Polygon launches 1 billion POL community grant program, open for application in the first quarter

According to BlockBeats, on June 11, Polygon Labs announced the launch of the 1 billion POL community grant program CGP. In the first quarter, 35 million MATIC will be allocated to projects built on Polygon. Applications are open today and will close on August 31, 2024. Polygon Labs said that based on community consensus, a community treasury was created, which will unlock 1 billion POL in the next 10 years, about 100 million POL per year, all of which will belong to builders.