Polkadot development agency Web3 Foundation announced a new program to reward teams and individuals who want to contribute to the success of Polkadot, deploying 20 million Swiss francs (about 22.08 million US dollars) and 5 million DOTs (about 19.3 million US dollars) throughout 2024.
Web3 Foundation said this enhances the Polkadot Treasury’s community governance funding mechanism to help projects that have a meaningful impact on the future of Polkadot, and will share more details about the official launch date and how to apply for funds in the coming weeks.