Exciting News from Polygon!!!
Polygon's Community Treasury has announced a big plan to boost blockchain development: unlocking 1 billion tokens over 10 years!
Key Points:
1 billion POL tokens will be released over a decade.
100 million POL tokens will be available each year for developers.
POL will become Polygon's new native token, replacing MATIC.
Get Involved:
Starting Tuesday, developers can apply for "Season 1" of the program.
In this first phase, the treasury will distribute 35 million MATIC (around $22 million) to projects building on Polygon.
Application deadline: August 31, 2024.
Grants will range from 5,000 to 50,000+ MATIC.
