Polygon Introduces $720M Community Treasury

Polygon has launched a $720 million Community Treasury dedicated to supporting blockchain projects

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

The Community Treasury, formed through community consensus, will distribute approximately 100 million Polygon ecosystem tokens (POL) annually

These focus areas include decentralized applications (DApps), developer tooling and libraries, and protocol infrastructure

Launching the Community Treasury initiative will allow Polygon to support early-stage projects and help developers secure funding