Last updated: Mar 08 2021
This document provides a high level overview of Grin's financials for Q1 of 2020 (Jan 01 - Mar 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.
- 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 Dec 31 2019, Grin held disposable funds to the equivalent of $911,420.70 in the following assets:
| Currency | Amount | USD x-rate Dec 31 2019 | USD Equivalent | Wallet address(es) |
|---|---|---|---|---|
| GRIN | 3641.215226 | $0.951414 | $3,464.30 | https://donations.grin-tech.org |
| BTC | 126.21724918 | $7,193.60 | $907,956.40 | 39hgKkhfPFpwKRQ6yARGwU2uuVay69NKu4 bc1qecw954uappnwhle6tmafqskn6vxmpr6lmmuwfwldphfxplcshgnssy9kmx |
| $911,420.70 |
- See the 2019Q4 report.
During Jan 01 - Mar 31 2020, Grin received the following assets:
| Currency | Amount | Wallet address(es) |
|---|---|---|
| GRIN | 6.00032889 | https://council-donations.yeastplume.org |
| BTC | 0.10503181 | 3ChVP627KU5w4zu2rieFPF3wGXWQgmhvrs bc1qdgs8vkpzr256qjlzlfht72z3mhcrdrt6wj2rfjw39j8us24gz8uq78qj65 39hgKkhfPFpwKRQ6yARGwU2uuVay69NKu4 bc1qecw954uappnwhle6tmafqskn6vxmpr6lmmuwfwldphfxplcshgnssy9kmx |
During Jan 01 - Mar 31 2020, Grin spent the following assets:
| Currency | Amount | Tx fees | Total amount |
|---|---|---|---|
| BTC | 9.40977282 | 0.00059561 | 9.41036843 |
- There was very little income during this period.
- All spend was related to funding requests, specifically:
At the end of Mar 31 2020, Grin held disposable funds to the equivalent of $754,416.42 in the following assets:
| Currency | Amount | USD x-rate Mar 31 2020 | USD Equivalent | Wallet address(es) |
|---|---|---|---|---|
| GRIN | 3647.21555489 | $0.455882 | $1,662.70 | https://donations.grin-tech.org |
| BTC | 116.91191256 | $6,438.64 | $752,753.72 | 39hgKkhfPFpwKRQ6yARGwU2uuVay69NKu4 bc1qecw954uappnwhle6tmafqskn6vxmpr6lmmuwfwldphfxplcshgnssy9kmx |
| $754,416.42 |
- Quarter over Quarter, the disposable funds decreased by ~ $157,000.
- Spending on funding requests accounted for, in Mar 31 exchange rates, approximately ~$60,000 of this decrease.
- The rest of the decline is attributed to the negative moments in the USD/BTC and USD/GRIN exchange rates during the period, which decreased the dollar equivalent values of disposable funds.