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2021Q4.md

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2021Q4 Funding Transparency Report

Introduction

This document provides a high level overview of the Grin Community Council financials for Q4 of 2021 (Oct 01 - Dec 31). The purpose is to keep the community up to date on funding activity in transparent and digestible way. The data is derived from what is reported in the financial logs under /grincc/finance.

Notes

  1. USD conversion rates are derived from the closing price of the asset on the day in question according to Coinmarketcap.com unless otherwise stated.

Status before the period

Disposable funds

Beginning Fiscal Q4 2021 Grin Community Council held disposable funds to the equivalent of $1,445,145 in the following assets:

Currency Amount USD x-rate Sep 30 2021 USD Equivalent Wallet address(es)
GRIN 129.3 $0.3517 $45.47 /grincc-wallet.md
BTC 33 $43,790.90 $1,445,099.7 bc1qmdhmgmhd6j89225hzdh7dxqgmen3y2q0g4vgpez0tw9tkp4ae39qsqvuyl

| | | | $1,445,145.17 |

Additional details

Activity during the period

Received

During Oct 01 - Dec 31 2021, Grin Community Council received the following assets:

Currency Amount Wallet address(es)
GRIN 2854.98 /grincc-wallet.md
GRIN 83967 BTC-GRIN Conversion (0.50BTC-$25756) approved in 23 Nov 2021 meeting
BTC 0 N/A

Spent

During Oct 01 - Dec 31 2021, Grin Community Council spent the following assets:

Currency Amount Tx fees Total amount
BTC 2.22606156 0.00005769 2.22600387
GRIN 50.00
GRIN 2,035.7 @stakervali funding
GRIN 10.178.5 @dtavarez funding
GRIN 2035.7 @jankie funding

Comments

  • Spend related to funding requests, specifically:
    • @Dtavarez funding Nov-Jan 21/22
    • @Newjack777 funding Sep-Nov21 && Nov-Feb21/22
    • @Defistaker funding Sep-Nov21
    • @Scilio milestone #1
  • Spend to fund community miners / Farm project Discussion , Decision Meeting
  • Spend on currency conversion to facilitate project payments in GRN
  • GRIN donation to slatepacks market

Status after the period

Disposable funds

At the end of Dec 31 2021, Grin Community Council held disposable funds to the equivalent of $1,425,742.42 in the following assets:

Currency Amount USD x-rate Dec 31 2021 USD Equivalent Wallet address(es)
GRIN 2,984.28492000 $0.2289 $656.53 /grincc-wallet.md
BTC 30.77510575 $46,306.45 $1,425,085.89 bc1qmdhmgmhd6j89225hzdh7dxqgmen3y2q0g4vgpez0tw9tkp4ae39qsqvuyl
$1,425,742.42