PANews reported on June 11 that according to the official blog, Polygon Labs announced the launch of the 1 billion POL community grant program CGP, which is only for developers. In the first quarter, 35 million MATIC will be allocated to projects built on Polygon. Applications are open today and the application deadline is August 31, 2024. Polygon Labs stated that according to the 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 the builders.