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funding_transparency_2020Q4.md

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2020Q4 Funding Transparency Report

Last updated: Mar 14 2021

Introduction

This document provides a high level overview of Grin's financials for Q4 of 2020 (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 /grin-pm/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 Coingecko.com unless otherwise stated.

Status before the period

Disposable funds

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

Additional details

Activity during the period

Received

During Oct 01 - Dec 30 2020, Grin received the following assets:

Currency Amount Wallet address(es)
GRIN 0 https://council-donations.yeastplume.org
BTC 0 bc1qecw954uappnwhle6tmafqskn6vxmpr6lmmuwfwldphfxplcshgnssy9kmx
39hgKkhfPFpwKRQ6yARGwU2uuVay69NKu4

Spent

During Oct 01 - Dec 30 2020, Grin spent the following assets:

Currency Amount Tx fees Total amount
BTC 7.638498 0.002864 7.641362

Comments

Status after the period

Disposable funds

At the end of Dec 31 2020, Grin held disposable funds to the equivalent of $2,812,556.19 in the following assets:

Currency Amount USD x-rate Dec 31 2020 USD Equivalent Wallet address(es)
GRIN 3770.71555489 $0.296580 $1,118.32 https://donations.grin-tech.org
BTC 96.872644 $29,022 $2,811,437.87 bc1qecw954uappnwhle6tmafqskn6vxmpr6lmmuwfwldphfxplcshgnssy9kmx
39hgKkhfPFpwKRQ6yARGwU2uuVay69NKu4
$2,812,556.19

Comments

  • Quarter over Quarter, the disposable funds increased in dollar terms by ~250%, attributed the positive movement in the BTC/USD exchange rate during the period.
  • No income was received in the period, and spending was limited to funding requests.