pDAO 2023/08/03-2023/08/31 Treasury Report

Hello, Rocket Pool!

If you need an intro to how pDAO treasury works, check (this post).

Starting with the rewards from this period, pDAO budget has increased from 15% of inflation to 22%. Due to a mismatch in the calculation of IMC and GMC budget in RPIP-10 both committees will receive less than expected this period (4,353.41 RPL and 2,579.80 RPL instead of 5,476.20 RPL and 3,285.72 RPL, respectively) while the reserve fund received 9,190.54 RPL instead of 5,496.73 RPL. The GMC and IMC have not yet received their payments this period (I’ve just asked Langers about it in Governance).

I propose we fix this mismatch and also vote two direct expending from the reserves to cover for the missing amounts.

You can keep up with pDAO treasury with the following spreadsheets:
(RP Treasury Report - Google Sheets )
(pDAO Treasury Summary - Google Sheets ).

Thank you for reading, see you next period!