# GMC 2023/10/01-2023/10/31 Treasury Report

**URL:** <https://dao.rocketpool.net/t/gmc-2023-10-01-2023-10-31-treasury-report/2371>\
**Category:** Grants / Bounties\
**Tags:** gmc\_treasury\_report\
**Created:** [1 November 2023 20:05 UTC](https://dao.rocketpool.net/t/gmc-2023-10-01-2023-10-31-treasury-report/2371 "2023-11-01T20:05:07Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![ShfRyn](https://dao.rocketpool.net/user_avatar/dao.rocketpool.net/shfryn/32/531_2.png) [@ShfRyn](https://dao.rocketpool.net/u/ShfRyn)\
**Post date:** [1 November 2023 20:05 UTC](https://dao.rocketpool.net/t/gmc-2023-10-01-2023-10-31-treasury-report/2371/1 "2023-11-01T20:05:07Z")

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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](https://dao.rocketpool.net/t/gmc-treasury-usd-diversification/2134/10).

Here is a link to the treasury sheet - [https://docs.google.com/spreadsheets/d/1dMtHJ4sffBidSN5RphLYC9A5HrsRNqHfqLVn-nJR104/](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.