Tag
Treasury
2 Posts
The Blockchain Formerly Known as KOLkadot
The 2024-Q3 Polkadot Treasury Report has been published. At USD $23.3M, Treasury Spending was almost half of the USD $57.6M Q2 spend that briefly captured the attention of Crypto Twitter earlier this year. The sharp drop in spending is attributable to a significant reduction in Talent & Education, and Outreach spends.
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Outreachious Spending
The Polkadot Treasury report for the first half of 2024 has been published. Polkadot currently has assets equivalent to 245m USD. First half spending totalled USD 86.5M with the biggest spend (USD 37M) on outreach. The smallest spend category (USD 2.1M) was research. The treasury could maintain this spending rate for approximately 2 more years.
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