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Polkadot Q3 financial report: treasury balance of 153 million US dollars, expenditure of 27 million US dollars, significant decrease in marketing expenses
Odaily Planet Daily News Polkadot community members Alice and Bob released the Treasury operation report for the third quarter of 2024 on the official governance forum. The report shows that the Polkadot treasury balance is 33.3 million DOT (153 million US dollars), and considering the debt, the surplus is 32.4 million DOT (149 million US dollars). In terms of expenditure, the Polkadot treasury spent a total of 27 million US dollars (5.2 million DOT) in the third quarter, which is approximately half of the total expenditure in the second quarter (dropping from 58 million US dollars to 27 million US dollars), or from 8 million DOT to 5.2 million DOT in terms of DOT valuation. Specifically, marketing-related expenses saw the largest decrease, from 27 million dollars to 9.9 million dollars; development-related expenses remained stable, increasing from 10 million dollars to 11.9 million dollars; operational expenses also remained at a similar level, decreasing from 1.7 million dollars to 1.4 million dollars; talent and education-related expenses slightly increased, from 2.3 million dollars to 3.8 million dollars; research expenses remained low, decreasing from 1.5 million dollars to 310,000 dollars; no economic incentive proposals were approved this quarter.