Polygon provides a platform that allows new projects to quickly create their own scalable solution with very flexible configuration. This is a Layer 2 second-level scaling solution supported by Binance and Coinbase. The project is aimed at stimulating the mass adoption of cryptocurrencies by solving scalability problems on many blockchains.

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The Third Pillar: Community Treasury The growth and evolution of the blockchain ecosystem relies on continuous innovation, especially when it concerns the development of projects that benefit the entire community. Consequently, ecosystem and public goods funding (PGF) plays a crucial role in providing the necessary support to such initiatives.  In today’s post, we explore the subject further and provide our thinking around the recently-proposed Community Treasury, as well as provide more context...

The Third Pillar: Community Treasury

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The Third Pillar: Community Treasury

🟣 To address the needs of ecosystem and public goods funding, the Community Treasury was introduced and proposed in the recent POL Whitepaper! 

Among others, the Treasury achieves:
➡️ Ongoing, self-sustainable economic support for as long as required
➡️ Increased decentralization by reducing dependency on the Polygon Foundation
➡️ Achieving the next level of transparency and community inclusion

🌐 We present our thinking around governance of the proposed Community Treasury. Join us in shaping this initiative by providing your feedback on the current and previous proposals.

🏛️ Forum post
https://forum.polygon.technology/t/the-third-pillar-community-treasury/12379

🕊️ Twitter post
https://twitter.com/matrzeszowski/status/1679973348909158404

The Third Pillar: Community Treasury.