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By Shaurya Malwa|Edited by Parikshit Mishra
Apr 24, 2025, 1:00 p.m.
- Polygon has introduced the Agglayer Breakout Program to support projects on its PoS ecosystem, benefiting POL token stakers.
- The program offers incubation, funding, and resources, with successful projects airdropping 5%-15% of tokens to POL stakers.
- Airdrops from projects like Privado ID and Miden will increase POL’s utility, with eligibility snapshots starting next week.
Polygon has launched the Agglayer Breakout Program to support projects building on the Agglayer and Polygon proof-of-stake (PoS) ecosystems in a boost for POL token stakers.
The program combines incubation and community-focused funding to help founders develop and launch projects, with successful “graduates” airdropping 5%-15% of their native token supply to POL stakers and integrating with the Agglayer network.
STORY CONTINUES BELOW
It provides hands-on support from Polygon Labs, funding, and access to ecosystem resources to help projects grow quickly and connect to Agglayer’s unified user base and liquidity.
Agglayer, short for aggregation layer, can be thought of as a web of networks that seem like a single chain to a user. It relies on zero-knowledge (ZK) proofs, a type of cryptography that allows one party to prove a piece of information to another without sharing details.
For example, one can prove to a blockchain that they have enough funds to pay another person without showing their wallet balance. The network verifies the payment, but financial details remain private. This is unlike regular blockchains or banking networks that reveal details.
That makes it possible to build sophisticated financial and gaming applications, among others, that allow the building of a trustless ecosystem (as public details may attract threat actors).
Among the first cohort of the breakout program is Privado ID, a ZK-based identity framework, which has fully graduated and plans to airdrop 5% of its token supply to POL stakers. Miden, a ZK-centric chain led by a former Facebook blockchain alum, is nearing graduation and will airdrop 10% of its tokens. A DeFi chain, still in stealth, is set to airdrop 15%.
These Airdrops provide POL stakers with new tokens, increasing the utility of POL as more chains launch. Snapshots to determine airdrop eligibility will begin next week, and stakers can participate by staking POL as of Wednesday.
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.
Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.
He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.
