Polkadot Q3 Financial Report: Treasury Balance of $153 Million, Marketing Expenses Decrease Significantly
ChainCatcher news, Polkadot community members Alice and Bob released the Treasury operational 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 (150 million USD), and after deducting liabilities, the surplus is 32.4 million DOT (149 million USD).In terms of expenditures, the Polkadot treasury spent a total of 27 million USD (5.2 million DOT) in the third quarter, which is about half of the total expenditures in the second quarter (from 58 million USD down to 27 million USD), and in DOT terms, it decreased from 8 million DOT to 5.2 million DOT.Specifically, marketing-related expenditures saw the largest decrease, dropping from 27 million USD to 9.9 million USD; development-related expenditures remained stable, increasing from 10 million USD to 11.9 million USD; operational expenditures also remained at a similar level, decreasing from 1.7 million USD to 1.4 million USD; talent and education-related expenditures saw a slight increase, rising from 2.3 million USD to 3.8 million USD; research expenditures remained low, decreasing from 1.5 million USD to 310,000 USD; no economic incentive proposals were approved this quarter.