Hello everyone. The GMC has received one inflation payment this period for 2,717.33 RPL. This was the first month the GMC converted 20% of their inflation payment to LUSD. Read about the treasury diversity decision here.
Here is a link to the treasury sheet - https://docs.google.com/spreadsheets/d/1dMtHJ4sffBidSN5RphLYC9A5HrsRNqHfqLVn-nJR104/
The headline numbers from the GMC’s activity in October are as follows:
| RPL Funds at Start | RPL Inflows | RPL Payments | RPL Diversification (LUSD) | RPL Outflows (Total) | RPL Funds at End |
|---|---|---|---|---|---|
| 49590.84 | 2,717.33 | 5470.03 | 543.47 | 6013.5 | 46294.67 |
| LUSD Funds at Start | LUSD Inflows | LUSD Outflows | LUSD Funds at End |
|---|---|---|---|
| 0 | 10531.92 | 0 | 10531.92 |
The GMC paid for 10 grants, 1 bounty, and 6 retrospective awards in October.