Merge pull request #434 from yeastplume/q2_2024

2024 Q2 Spending Report

financials/reports/funding_transparency_2024Q2.md

@@ -0,0 +1,53 @@
+# 2024Q2 Grin Original Council (OC) Funding Transparency Report
+
+Last updated: Aug 23rd, 2024
+
+## Introduction
+This document provides a high level overview of the Grin's Original Council (OC) financials for 2024Q2 (Apr 1-Jun 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 [/grin-pm/financials](https://github.com/mimblewimble/grin-pm/tree/master/financials).
+
+### Notes
+
+1. Data was up to date at the time of writing, but it's still possible that there have been changes and updates in the logs since.
+2. USD conversion rates are derived from the closing price of the asset on the day in question according to finance.yahoo.com unless otherwise stated. 
+
+## Status before the period
+
+### Disposable funds
+
+At the end of March 31st 2024, The Grin OC held disposable funds to the equivalent of $3,097,101 as follows:
+
+Currency | Amount | USD x-rate Dec 31 2023 | USD Equivalent | Wallet address(es)
+|---|---:|---:|---:|---|
+BTC | 43.41712064 | $71,333.65 | $3,097,101 | bc1q2x8gu8n85ylur5j83yflhpg5hf80nhnyem98k2pld46lf4czhmgsxq8wlu
+
+
+### Additional details
+* See the [2024Q1 report](funding_transparency_2024Q1.md).
+
+## Activity during the period
+
+### Received
+
+During Apr 1 - June 30 2024, Grin OC received no donations
+
+### Spent
+
+During Apr 1 - June 30 2024, Grin OC spent the following assets on the following activities:
+
+Currency | Amount | Category
+|---|---:|---:|
+BTC|0.58|Development and Maintenance|
+BTC|0.00008164|Transaction Fees|
+
+## Status after the period
+
+### Disposable funds
+
+At the end of Jun 30 2024, the status of Grin OC's disposable funds were as follows:
+
+Currency | Amount | USD x-rate Jun 30 2024 | USD Equivalent | Wallet address(es)
+|---|---:|---:|---:|---|
+BTC | 42.837039 | $62,678 | $2,684,952 | bc1q2x8gu8n85ylur5j83yflhpg5hf80nhnyem98k2pld46lf4czhmgsxq8wlu
+
+### Comments
+* Over the quarter, the value of BTC decreased by ~12%, negatively impacting the available funds.

financials/spending_log.csv

@@ -79,4 +79,5 @@ spend_id,date,spend_description,decision_log_id,currency,amount,exchange_rate,US
 77,20231017,Quentin Hosting expenses (accumulated),,BTC,0.0299,28415,849.61,0.00006438,bc1q2x8gu8n85ylur5j83yflhpg5hf80nhnyem98k2pld46lf4czhmgsxq8wlu,bc1qg405zgqzahxaku4jpxalm0uvts659cnh0cu34n,8da315404f7c17782133ee595e62138ac553b65e538891554cb059f9250a7b96,Hosting expenses accumulated from 20210407
 78,20231213,Yeast Nov-Jan 2024,OC Hiring,BTC,0.96108118,"42,890.74",41221,0.00086759,bc1q2x8gu8n85ylur5j83yflhpg5hf80nhnyem98k2pld46lf4czhmgsxq8wlu,"32GLwvZc4J52xcrC4gimogfPhCB4obbFNW ",9c50f7a4a4ae64c93fa6ab26f75f970d8c2d066b2ea3bc2bccaaf42c87e2fce4,
 79,20240306,Yeast Feb-Apr 2024,OC Hiring,BTC,0.60918431,66106,40271,"0.00019617 ",bc1q2x8gu8n85ylur5j83yflhpg5hf80nhnyem98k2pld46lf4czhmgsxq8wlu,3LZLRUXcnsHnjH8qaLne9WRR3jcn1ofuRj,faa61197ba3eeb88df85ee3c203ddfb44f573a9fde11663dd3ca43337d99dd66,3 Months
-80,20240324,Ledger Support Partial Bounty,N/A,BTC,0.57721439,67234,38808,0.00003172,bc1q2x8gu8n85ylur5j83yflhpg5hf80nhnyem98k2pld46lf4czhmgsxq8wlu,bc1qd9rf87hqv28cnqur5qu8pev5ulpvl7hn08fmhj,10a3d80f603d7265e6d77c14981c81bb1c010d49089491e6b55d7b8006f28444,https://forum.grin.mw/t/locked-support-ledger-wallet/8517/37
+80,20240324,Ledger Support Partial Bounty,N/A,BTC,0.57721439,67234,38808,0.00003172,bc1q2x8gu8n85ylur5j83yflhpg5hf80nhnyem98k2pld46lf4czhmgsxq8wlu,bc1qd9rf87hqv28cnqur5qu8pev5ulpvl7hn08fmhj,10a3d80f603d7265e6d77c14981c81bb1c010d49089491e6b55d7b8006f28444,https://forum.grin.mw/t/locked-support-ledger-wallet/8517/37
+81,20240605,Yeast May-Jul 2024,OC Hiring,BTC,0.58,71082,38174,0.00008164,bc1q2x8gu8n85ylur5j83yflhpg5hf80nhnyem98k2pld46lf4czhmgsxq8wlu,336LftKtc5Zbkd8DwfHvtQXU7ziU3m9Afz,3417c73edb21902e6c9956e6a926e0b767e7c2a667ec4c638911ae715cf4358f,3 Months