Polygon launches a community grant program of 1 billion POL, with applications open in the first quarter

ChainCatcher news, Polygon Labs announced the launch of a 1 billion POL community grant program CGP, with 35 million MATIC allocated to projects built on Polygon in Season 1. Applications are open today 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, approximately 100 million POL per year, all for builders.