Thread by @0xPolygon

1,000,000,000 POL over 10 years, unlocked in grant funding.

Season 01 of the Community Grants Program is here, with 35 million MATIC allocated towards funding the best projects across the Polygon and Ethereum landscape.

builders, this one’s for you...

details
• S01 applications: open June 11, 2024 and close Aug 31, 2024
• Grant range: 5,000 - 50,000+ MATIC
• Total S01 allocation: up to 35,000,000 MATIC
• Every month: Community Treasury Board reviews and selects projects
• Grant payouts: begin the first of each month

Interested projects should apply early, as applications are reviewed on a rolling basis. Expect an average four-week turnaround for grant allocation.

1 billion?! where is this coming from?!

You heard that right. Announced last year in the POL whitepaper, 1% of token emissions will be dedicated to the growth of the Polygon builder community.

100 million per year x 10 years = 1 billion POL

can i apply???

If you’re building or migrating to Polygon, you can apply!

tracks for season 01

• General Grants Track (powered by @CharmVerse): open to all projects building on Polygon protocols
• Consumer Crypto Track (powered by @ThrivePolygon): open to all projects that unlock onchain experiences that drive consumer adoption

find support now, not later

Building is hard. The goal of CGP is to support devs while they build.

Waiting until a project has finished building and produces results misses a key piece of true innovation: The opportunity to take chances.

You shouldn’t have to worry over the finances needed to succeed while you experiment. Build for longevity and get the support you need to, today.

timeline

Applications are now open and close Aug 31.

If you want to apply, do it early.

Applications are reviewed on a rolling basis, with an average four-week turnaround for grant allocation.

for ALLLLL the details, application process and answers to your burning questions 🔽



& to stay updated, follow @0xPolygonFdngo.polygon.technology/4ehdlhO

Join us for a space tomorrow to hear from the Community Treasury Board and learn about the different tracks available.

Set your reminder:
x.com/i/spaces/1rdgl…