Polygon unveils 1 billion POL token program to boost developer | • CRYPTO NEWS • #BTC • #ETH •
Polygon unveils 1 billion POL token program to boost developer engagement
Polygon, the Ethereum layer-2 blockchain, has unveiled a Community Treasury initiative funded with 1 billion POL tokens, which will be distributed over the next decade to drive developer engagement on the network. Polygon has launched the first season of its Community Grant Program (CGP), offering developers an initial 35 million MATIC valued at around $22 million. Future seasons will provide up to 100 million POL tokens as the network transitions from MATIC to POL.
