pDAO 2023/10/26-2023/11/23 Treasury Report

Hello, Rocket Pool!

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

For the next period pDAO budget will be increased from 23% to 24.1% of the inflation] following the pDAO Budget Allocation schedule. This period saw the payment of 4,602.69 RPL and 2,727.52 RPL for the IMC and GMC, respectively.

The pDAO reserve fund received 9,716.79 RPL this period, its balance is now 81,062.76 RPL.

This week saw the closing of the vote to fix RPIP-10 which stipulates that:

  1. We will immediately fix the last four disbursements to IMC and GMC by sending them 4,643.68 RPL and 2,985.22 RPL respectively from the pDAO reserves. This will retroactively raise their percentage of the pDAO budget from 27% to 34% for the IMC and from 16% to 20.5% for the GMC.
  2. From the next period onward the IMC will start receiving 50% of the pDAO budget, instead of the current 34%, while the GMC will remain at 20.5%. This leaves 29.5% for the pDAO reserves.

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!