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2022Q2.md

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2022Q2 Funding Transparency Report

Introduction

This document provides a high level overview of the Grin Community Council financials for Q2 of 2022 (Apr 01 - June 30). 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 Q2 2022 Grin Community Council held disposable funds to the equivalent of $1,186,969.64 in the following assets:

Currency Amount USD x-rate March 31 2022 USD Equivalent Wallet address(es)
GRIN 2,912.28492000 $0.1630 $474.80 /grincc-wallet.md
BTC 30.27235520 $39,193.90 $1,186,494.80 bc1qmdhmgmhd6j89225hzdh7dxqgmen3y2q0g4vgpez0tw9tkp4ae39qsqvuyl
$1,186,969.64

Additional details

Activity during the period

Received

During Apr 1 - June 30 2021, Grin Community Council received the following assets:

Currency Amount Wallet address(es)
GRIN ***** /grincc-wallet.md
BTC ***** N/A

Spent

During Apr 1 - June 30 2022, Grin Community Council spent the following assets:

Currency Amount Tx fees Total amount
BTC 0.518324 0.00005196 0.51837696
GRIN* 16.081 ****** ******

Comments

  • Spend related to funding requests, specifically:

    • @jankie funding Mar-May 2022
    • @Dtavarez funding May-July 2022
    • @cekickafa funding Mar-May 2022

  • Spend on currency conversion to facilitate project payments in GRIN

Status after the period

Disposable funds

At the end of June 30 2022, Grin Community Council held disposable funds to the equivalent of $1,232,464.1 in the following assets:

Currency Amount USD x-rate March 31 2021 USD Equivalent Wallet address(es)
GRIN * 2,912.28492000 $0.1450 $422.24 /grincc-wallet.md
BTC 29.75397553 $41,409.00 $1,232,041.97 bc1qmdhmgmhd6j89225hzdh7dxqgmen3y2q0g4vgpez0tw9tkp4ae39qsqvuyl
$1,232,464.1