TechFlow reported on October 15 that Alice und Bob, a Polkadot community member, published the Q3 2024 Treasury Operations Report on the official governance forum. The report showed that the Polkadot treasury balance stood at 33.3 million DOT (approximately $153 million), with a surplus of 32.4 million DOT (around $149 million) after accounting for liabilities.
In Q3, total expenditures from the Polkadot treasury amounted to $27 million (5.2 million DOT), a significant decrease compared to $58 million (8 million DOT) in Q2. Breakdown of specific expenses:
- Marketing-related spending saw the largest decline, dropping from $27 million to $9.9 million.
- Development-related spending remained stable, slightly increasing from $10 million to $11.9 million.
- Operational expenses were nearly flat, decreasing marginally from $1.7 million to $1.4 million.
- Spending on talent and education increased, rising from $2.3 million to $3.8 million.
- Research spending dropped sharply, falling from $1.5 million to $310,000.
- No economic incentive proposals were approved this quarter.
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