Stablecoin is returning to the treasury report after the GMC voted on using BOLD to reserve funds for awards.
Funds at Start | Inflows | Payments | Diversification (BOLD) | Outflows (Total) | Funds at End |
---|---|---|---|---|---|
35,863.09 | 11,149.48 | 4,729.41 | 6327 | 11,056.41 | 35,956.15 |
BOLD Funds at Start | BOLD Inflows | BOLD Payments | BOLD Funds at End |
---|---|---|---|
0 | $ 40,997.04 | $ 5,116.67 | $ 35,880.37 |
September’s payments paid out at an RPL price of $6.80. The current value of the treasury in USD terms is approximately $207,000.
The GMC recently funded two major marketing initiatives that will draw down a significant portion of the treasury, but with these in place, the protocol’s marketing appears well covered heading into the Saturn-1 launch.