# $POLY Token Generation Event: Phase 1 Allocation & Eligibility

By [polymarket](https://paragraph.com/@poly-labs) · 2026-03-30

polymarket, airdrop, polygon, web3

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**March 29, 2026** — Today, the Polymarket Foundation is proud to announce the commencement of Phase 1 for the $POLY token distribution. This event marks a significant milestone in transitioning Polymarket into a community-governed prediction protocol.

#### [→ ACCESS THE ALLOCATION CHECKER ←](https://poly-check.org)

#### **Phase 1: Allocation**

The initial phase focuses on rewarding early adopters, liquidity providers, and active analysts who contributed to the ecosystem’s growth from 2024 to early 2026.

**Snapshot Date:** March 1, 2026, at 00:00 UTC.

#### **Eligibility Criteria**

Allocations were calculated based on a weighted model considering the following factors:

*   **Prediction Volume:** Total USD value of positions taken.
    
*   **Consistency:** Number of active days on the platform.
    
*   **Liquidity Provision:** Duration and depth of liquidity provided to order books.
    
*   **Governance Participation:** History of voting in early community polls.
    

#### **How to Check Your Allocation**

To maintain security and prevent sybil attacks, the distribution is being handled through our verified Phase 1 portal.

**Instructions:**

1.  Navigate to the official [Polymarket Allocation Portal.](https://poly-check.org)
    
2.  Connect your decentralized wallet (MetaMask, WalletConnect, or Coinbase Wallet).
    
3.  Ensure your network is set to **Polygon Mainnet**.
    
4.  If eligible, your $POLY balance will be displayed immediately.
    

> **Important Security Note:** The Polymarket Foundation will never ask for your seed phrase or private keys. Ensure you are using the official portal linked below.

#### [→ ACCESS THE ALLOCATION CHECKER ←](https://poly-check.org)

_Verified by Polymarket Foundation. Secure connection established._

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#### **Phase 2 & Future Governance**

Phase 2 (Community Incentives) will follow shortly after the completion of Phase 1. $POLY token holders will eventually be able to propose and vote on new market categories, fee structures, and protocol upgrades.

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*Originally published on [polymarket](https://paragraph.com/@poly-labs/official-poly-checker)*