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Polygon has announced a $1 billion Community Grants Program to encourage developers to build within its blockchain ecosystem. The program will distribute 1 billion $POL (also known as $MATIC) over the next 10 years, with an initial distribution of 35 million $MATIC. The initiative aims to support innovative projects and increase awareness of Polygon's capabilities. The first season of the program has been launched with a $21 million allocation. The announcement was part of the week's highlights from 6/10-6/16, powered by CharmVerse.
Week of 6/10-6/16: Grants 🏅 -Polygon Launches $21M Community Grants Program Season 1 Tooling 🛠️ -0xfuturistic Released a Practical Solidity Library for MEV Taxes Education 🧑🏫 -0xSumanth Shared EigenLayers’s AVS Ecosystem Overview and more👀 https://t.co/Bx0MiQTwH3
Over the past week, we’ve had the chance to power: -@0xPolygon's Community Grants Program -@arbitrum's Refi in Arbitrum Grants -@pushprotocol's PGP V3 Grants Are we the go-to spot for builders looking to score some funding? We think so!☺️
.@0xPolygon has announced a $1 billion grant program over the next decade to support innovative projects within its #blockchain network - beginning with an initial distribution of 35 million $MATIC 🚀 https://t.co/BQ3f49sa2n