Polygon (MATIC) reaches an important milestone on the path to community ownership

Polygon (MATIC) has reached an epic milestone in its journey to community ownership with the launch of the Polygon Governance Hub, which will serve as a complete governance solution and user interface for the community.

The Polygon Governance Hub, created in collaboration with Aragon, allows users and builders to influence the core development of Polygon technology and infuse it with community values.

Over the past year, the Polygon community has helped develop a framework for Polygon’s decentralized, community-driven governance, with an emphasis on three main pillars, or governance aspects: Protocol Governance, System Smart Contract Governance ( SSC) and community treasury Government.

introducing Polygon Governance Hub: a unified and transparent interface for community governance, developed with @AragonProject.

built hand-in-hand with the community, the hub marks the next chapter in Polygon governance and community ownership.

more info on what it means 🧵 pic.twitter.com/CrAg6QwKwG

— Polygon | Aggregate (@0xPolygon) June 14, 2024

The initial release of the Hub will focus on two of the three pillars of Polygon Governance: protocol governance and system smart contract (SSC) governance.

It is suggested to gradually roll out various components of the Polygon Governance Hub over the next few months. At each stage of development, the community can provide iterative feedback and infuse new ideas into the Polygon Governance Hub. The Hub will be built in phases by Aragon.

In its final form, Polygon Gov Hub is intended to be a transparent interface for all decision-making processes related to the Polygon system’s smart contracts, with activities ranging from knowledge gathering to voting.

Another positive news for the Polygon (MATIC) ecosystem: 1,000,000,000 POL have been unlocked in grants over the next 10 years. A total of 35 million MATICs have been allocated to fund projects across the Polygon and Ethereum landscape in the first season of the community grants program.

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