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2024Q4 Grin Original Council (OC) Funding Transparency Report

Last updated: March 2nd, 2025

Introduction

This document provides a high level overview of the Grin's Original Council (OC) financials for 2024Q4 (Oct 1-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 finance.yahoo.com unless otherwise stated.

Status before the period

Disposable funds

At the end of Sept 30th 2024, The Grin OC held disposable funds to the equivalent of $2,666,595 as follows:

Currency Amount USD x-rate Sept 30 2024 USD Equivalent Wallet address(es)
BTC 42.107023 $63,329 $2,666,595 bc1q2x8gu8n85ylur5j83yflhpg5hf80nhnyem98k2pld46lf4czhmgsxq8wlu

Additional details

Activity during the period

Received

During Oct 1 - Dec 31 2024, Grin OC received no donations

Spent

During Oct 1 - Dec 31 2024, Grin OC spent the following assets on the following activities:

Currency Amount Category
BTC 0.39974106 Development and Maintenance
BTC 0.005931 Hosting Expenses
BTC 0.00008395 Transaction Fees

Status after the period

Disposable funds

At the end of Dec 31 2024, the status of Grin OC's disposable funds were as follows:

Currency Amount USD x-rate Dec 31 2024 USD Equivalent Wallet address(es)
BTC 41.701267 $93,429 $3,896,404 bc1q2x8gu8n85ylur5j83yflhpg5hf80nhnyem98k2pld46lf4czhmgsxq8wlu

Comments

  • Over the quarter, the value of BTC increased significantly by ~47%, positively impacting the available funds.