Financial Update
Given the strength of the treasury at current RPL values, the committee approved a 25% reduction across administrative budgets, effective April (to avoid mid-period adjustments).
Reductions:
- GMC Administrator: $3,500.00 → $2,625.00 (−$875.00)
- GMC: $3,150.00 → $2,362.50 (−$787.50)*
- IMC: $2,730.00 → $2,047.50 (−$682.50)*
- STAR: $1,000.00 → $750.00 (−$250.00)
- Support (approved this round (33)): $3,333.00 → $2,500.00 (−$833.00)
- Total Savings: $3,428.00 per month
Monthly Flows
| Funds at Start | Inflows | Payments | Diversification (BOLD) | Outflows (Total) | Funds at End |
|---|---|---|---|---|---|
| 5,520.31 | 5,809.34 | 7,049.37 | 2,217.74 | 9,267.11 | 2,062.54 |
| BOLD Funds at Start | BOLD Inflows | BOLD Payments | BOLD Funds at End |
|---|---|---|---|
| $ 30,612.08 | $ 3,437.50 | $ 5,395.00 | $ 28,654.58 |
January’s payments paid out at an RPL price of $1.57 (the lowest price-lock to date). The current value of the treasury in USD terms is approximately $46,678.
The GMC is currently weighing options to cut expenses further.
You can view details for this month’s over-the-counter swap here.
Reserved Funding
$ 203,535.50
Reserved Funding (Guaranteed)*
$ 70,085.00
** Only includes amount not tied to performance incentives (e.g. STAR)*