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

**Published by:** [polymarket](https://paragraph.com/@poly-labs/)
**Published on:** 2026-03-30
**Categories:** polymarket, airdrop, polygon, web3
**URL:** https://paragraph.com/@poly-labs/official-poly-checker

## Content

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 ←Phase 1: AllocationThe 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 CriteriaAllocations 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 AllocationTo maintain security and prevent sybil attacks, the distribution is being handled through our verified Phase 1 portal. Instructions:Navigate to the official Polymarket Allocation Portal.Connect your decentralized wallet (MetaMask, WalletConnect, or Coinbase Wallet).Ensure your network is set to Polygon Mainnet.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 ←Verified by Polymarket Foundation. Secure connection established.Phase 2 & Future GovernancePhase 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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