Last updated: Mar 08 2021
This document provides a high level overview of Grin's financials for Q3 of 2020 (Jul 01 - Sep 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.
- 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.
- USD conversion rates are derived from the closing price of the asset on the day in question according to Coinmarketcap.com unless otherwise stated.
At the end of Jun 30 2020, Grin held disposable funds to the equivalent of $971,920.39 in the following assets:
Currency | Amount | USD x-rate Jun 30 2020 | USD Equivalent | Wallet address(es) |
---|---|---|---|---|
GRIN | 3770.71555489 | $0.415295 | $1,565.96 | https://donations.grin-tech.org |
BTC | 106.53178057 | $9,137.99 | $973,486.35 | 39hgKkhfPFpwKRQ6yARGwU2uuVay69NKu4 bc1qecw954uappnwhle6tmafqskn6vxmpr6lmmuwfwldphfxplcshgnssy9kmx |
$971,920.39 |
- See the 2020Q2 report.
During Jul 01 - Sep 30 2020, Grin received the following assets:
Currency | Amount | Wallet address(es) |
---|---|---|
GRIN | 0 | https://council-donations.yeastplume.org |
BTC | 10.0 | bc1qecw954uappnwhle6tmafqskn6vxmpr6lmmuwfwldphfxplcshgnssy9kmx |
During Jul 01 - Sep 30 2020, Grin spent the following assets:
Currency | Amount | Tx fees | Total amount |
---|---|---|---|
BTC | 12.01486 | 0.00291457 | 12.01777457 |
- Grin received a single donation in this period, which was the 10 BTC donation by Nervos Foundation.
- Aside from 0.03 BTC for forum costs, all spend was related to funding requests, specifically:
At the end of Sep 30 2020, Grin held disposable funds to the equivalent of $1,127,130.25 in the following assets:
Currency | Amount | USD x-rate Sep 30 2020 | USD Equivalent | Wallet address(es) |
---|---|---|---|---|
GRIN | 3770.71555489 | $0.306694 | $1,156.46 | https://donations.grin-tech.org |
BTC | 104.514006 | $10,784.49 | $1,127,375.92 | 39hgKkhfPFpwKRQ6yARGwU2uuVay69NKu4 bc1qecw954uappnwhle6tmafqskn6vxmpr6lmmuwfwldphfxplcshgnssy9kmx |
$1,127,130.25 |
- Quarter over Quarter, the disposable funds increased in dollar terms by ~$230,000, attributed both to the BTC 6.42 net increase to the fund and positive movement in the BTC/USD exchange rate during the period.
- The sole income received in the period was a 10 BTC donation from the Nervos foundation.