Polygon launches $720M Community Treasury for blockchain grants

Polygon introduces a $720 million Community Treasury to fund blockchain projects, targeting developers within the Polygon and Ethereum ecosystems.

Polygon has launched a $720 million Community Treasury dedicated to supporting blockchain projects over the next 10 years.

The initiative promises to support developers within the Polygon and Ethereum ecosystems.

The $720 billion fund will allocate an initial 35 million Polygon (MATIC) tokens (worth roughly $25 million) for the Community Grants Program (CGP) first season.

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