Polygon Launches Program to Boost Projects and Airdrop Tokens to POL Stakers

Overview

Polygon has unveiled the Agglayer Breakout Program, designed to assist projects within its proof-of-stake (PoS) ecosystem. This initiative aims to provide benefits to POL token stakers by enabling successful projects to airdrop between 5% and 15% of their native tokens.

Key Details:

The program offers incubation, funding, and various resources aimed at helping founders launch their projects effectively.
Successful projects, like Privado ID and Miden, are expected to enhance the utility of POL. Eligibility snapshots for airdrops will commence next week.

Program Goals

The Agglayer Breakout Program aims to support the development of projects by offering hands-on assistance from Polygon Labs, funding, and connections to a unified user base.

Agglayer acts as an aggregation layer, presenting a seamless interface to users while using zero-knowledge proofs for secure verification of transactions without exposing sensitive data.

Upcoming Airdrops

Privado ID will airdrop 5% of its tokens.
Miden, led by an ex-Facebook blockchain engineer, plans to distribute 10% of its tokens upon graduating from the program.
A stealth-mode DeFi chain will offer 15%.

Eligible stakers can participate starting Wednesday, further increasing their benefits as new tokens come into circulation, enhancing the overall utility of POL.