polygon.technology Open in urlscan Pro
52.17.119.105  Public Scan

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Submission: On June 11 via manual from BR — Scanned from DE

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Text Content

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Applications now open


COMMUNITY GRANTS PROGRAM

A community grants program to support builders, teams, and creators committed to
the growth of Polygon

Season // 01
35 Million MATIC
LIVE


CONSUMER CRYPTO TRACK

Projects that unlock onchain experiences that drive consumer adoption

Apply Now
LIVE


GENERAL GRANTS TRACK

Funding open to all projects building on Polygon protocols

Apply Now
About the Community Treasury
1 BILLION
POL UNLOCKED OVER DECADE FOR FUNDING COMMUNITY GROWTH

The Polygon Community Treasury is an in-protocol treasury, governed by the
independent Community Treasury Board, that provides ongoing support for the
growth of the Polygon community.

Learn More
How it works
Application Period | June 11 - Aug 31
Grantees submit applications for season participation
Review Period
Applications are reviewed by the Community Treasury Board on a rolling basis
Results Announced
Accepted grantees are notified of funding allocation on a rolling basis
Funding Distributed
Grant funding distributed to accepted grantees

Meet the
Community
Treasury Board
Learn More
Roc Zacharias
Quickswap
Maggie Love
SheFi
David Gogel
dYdX Foundation
Ajit Tripathi
Hadron FC
Pete Kim
Creator of Coinbase Wallet




FAQS

What is the Community Grants Program?


The Community Grants Program is a community grants program to support builders,
teams and creators committed to the growth of the Polygon community.

What is the Community Treasury?


The Polygon Community Treasury was announced in the POL whitepaper and further
unpacked in the Polygon 2.0: Governance announcement. It defines a
protocol-funded support mechanism, dedicated to ensuring the longevity and
flourishing of the decentralized Polygon network and its community.

The Polygon community and the wider Web3 industry are still in the early phase
of development and adoption. To remain on the current growth trajectory, the
Polygon community will need ongoing support for years to come.

It is for this reason that the establishment of the Community Treasury – a
self-sustainable community support mechanism – has been proposed. In essence,
this mechanism should be used for both public goods and support programs for
promising projects and initiatives.

What is the Community Treasury Board? What are their roles and responsibilities?


The Community Treasury Board is an independent governance body tasked with
crafting the overarching strategy for the Community Treasury and acting as the
ultimate decision-maker over resource deployment.

The Community Treasury Board consists of five community growth experts,
committed to the long-term expansion and development of Polygon.Their
responsibilities span various critical areas, including:
- Track selection and strategy setting
- Expenditure approval
- Application review
- Post-cycle reporting

Learn more about the Community Treasury Board here: PFP-2 and Blog.

What is a Grant Allocator (GA)?


Grant allocators (GA) are operators (or protocols/platforms) with considerable
experience and expertise in executing grant programs as an outside entity on
behalf of any community or chain.

For the Community Grants program, GAs play the role of sourcing projects,
providing grants, generating awareness, and driving value to the community as an
outside contributor. Please see [PFP-2] for more details. Grant Allocators can
apply to participate in grant rounds here.

How are Grant Allocators (GA) selected and what is their role?


Grant Allocators are selected based on application review by the Community
Treasury Board. An open call for GA applications was published by the CTB in the
forum post here.

The role of a Grant Allocator (GA) can be summarized as below:
- GA’s play the crucial role of supporting the Community Treasury Board in
effective allocation of grant funds to drive the growth of the Polygon community
- GA’s will bring significant expertise and custom end-to-end application,
vetting, selection, and deployment processes for grants
- GA’s will ensure a high quality grant experience for all stakeholders -
projects, the Polygon community, and the CTB
- GA’s will submit an impact report at the end of the season showcasing the
impact and outcomes of the grant program

What is the season strategy for the Community Grants Program?


The Community Treasury Board will deploy resources from the Community Treasury
based on a transparent and objective season strategy. A season is defined as a
collection of ideas, or themes supported by external experts to drive impactful
outcomes.

A typical season will be three months long, and feature specific verticals,
themes, and partners.

The first season will kick off on June 11, 2024 and end after three months on
Aug 31, 2024

What is the difference between General Grants and Consumer Crypto Tracks?


General Grants Track offers an opportunity for builders, and teams with dApps
live on Polygon Networks, or looking to migrate to Polygon Networks, or building
new dApps on Polygon Networks to secure grants for their projects. General
grants are open to **all projects**, regardless of type–dApps, infra, tooling,
etc.

‍Consumer Crypto is the specific Season 1 theme designed to focus support for
projects, builders, and teams building at the cutting edge of Consumer Crypto.
More details around the Consumer Crypto track are available here [Add Season
Strategy Blog Post link]

The assigned Grant Allocator will manage the Consumer Crypto track, as approved
by the Community Treasury Board, and will independently run, operate, onboard,
and distribute grants to builders applying for this track. Learn more about the
Grant Allocator on this forum post published by the CTB here: [Add
GA_Call_for_applications forum post link]

Which projects are eligible to apply?


A few conditions must be met to be eligible. Projects must be: 
- Building on Polygon or willing to migrate to Polygon
- Building for the long term


How do I qualify for funding?


If you’re building on a Polygon Network, looking to migrate from another chain,
or launch your project on a Polygon Network, you’re eligible to apply.
Qualification will depend on the specific rubric, and evaluation by the
Community Treasury Board members. More details on the rubric, and scoring
criteria will be updated and shared shortly.


How much funding should I request?


Projects are free to submit their proposal with any grant amount they desire to
secure; however, all grants above 50K POL will invite special scrutiny &
diligence and will take a longer time frame to evaluate.


Will grants be delivered in POL or MATIC?


The Community Grants Program taps into the Community Treasury which accrues the
POL token. However, as the token transition process is ongoing, to make it easy
for grantees to find liquidity in the market, the grants for season 1 will be
paid out in MATIC tokens instead


Can I apply for as many tracks as I want?


 No. During a given season, projects should carefully evaluate which track your
project falls into, and apply only for the one that is the best fit. For
instance, if your project falls within the scope of the themed track, it is
recommended you apply for that grant. If your project does not fall within the
theme’s scope, please apply for the General Grant Track. If you’re unclear or
need guidance on which track your project falls under, please ask your queries
in the #open-questions channel under the ‘Community Grants’ Section on Polygon
Labs’ Discord server.

If a grantee applies for two tracks, the Community Treasury Board will consider
the first entry submitted, and treat the other as null and void.


Who decides which projects receive funding?


The Community Treasury Board (CTB) is the approving body for all applicants. In
the case of Grant Allocator Tracks led by a CTB appointed Grant Allocator, the
final approval will be by the assigned Grant Allocator.


How can I track the status of my application?


General Grants Track: Projects can track the status of their applications on the
‘Charmverse Grants Management Platform’ to keep themselves updated on the latest
status, feedback, and outcomes on the basis of CTB reviews of their
applications.

‍Consumer Crypto Track: Status tracking on applications will be available on the
appointed Grant Allocator’s platform.


What is the timeline to receive a final confirmation on my grant application?


The Community Treasury Board aims to communicate the status of each grant
application, and its approval to grantees on a rolling **4-week basis**.
However, in specific cases where CTB deems deeper diligence is required, actual
turnaround time may vary.


When is the next season, and how can I apply?


The Community Grant Program is a seasonal program. The first season’s duration
is for a period of 3-months beginning June 11, 2024 and ending August 31, 2024.
Future season dates will be announced by the Community Treasury Board in
accordance with their strategy, and will be communicated through the Polygon
Community Forum, social media, and discord announcements.


How can I contact the Community Treasury Board?


The best way to reach out to the Community Treasury Board is by posting your
questions in the #ask-the-CTB channel in the Polygon Labs’ Discord channel. 


What happened to Polygon Village Grants?


Polygon Village Grants will be phased out over the course of the next few
months, and will be replaced by the Community Grants Program in line with
commitments to increase community participation, and greater decentralization of
decision making around the Community Treasury.


What is the role of Polygon Labs in the Community Treasury, and Community Grants
Program?


Polygon Labs is working with the Community Treasury Board to provide operational
and administrative support in accordance with Community Treasury Board
guidelines, season strategy, and Polygon Funding Proposals.


How will the community be involved in the Community Grants Program?


The Community Treasury Board as an independent group is the first step in
community engagement. They will be responsible for reviewing, and approving all
the applicants under the Community Grants Program. Over time, new avenues for
the community to participate in the decision making process will be introduced.


How do I optimize my chances for getting approved for grant funding?


The key to success is writing a great grant application. Be thorough in your
approach, and answer all the questions clearly. Step into the reviewer’s shoes
when evaluating your answers, and also make sure you do a thorough self-review
before submitting your application. The Community Treasury Board is looking to
learn as much as possible about the team, the product, and your grand vision.
Ensure you provide all the necessary links to substantiate your claims.


Read More FAQs


STAY UPDATED ON THE COMMUNITY GRANTS PROGRAM

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