Polkadot’s Q3 treasury data shows 61% increase in expenditure
Polkadot’s Q3 2023 Treasury Report reveals a significant uptick in spending across research and development. Polkadot’s latest Q3 2023 Treasury Report has unveiled a significant, 61 percent increase in its spending, with heavy investments in Research and Development. This increase d spending could be the potential reason behind recent layoff rumors that have swept through organizations associated with Polkadot. Polkadot Treasury Report – 2023 Q3 Posted a new report to the forum! – Polkadot Governance spent 21m USD this year already – New: Subcategories! Detailed view over spending buckets – OpenGov refuses to pay for parties Read: https://t.co/RGPLH1eHTv Spoilers pic.twitter.com/W8ZSeSKcb5 — Alice und Bob (@alice_und_bob) October 19, 2023 Polkadot elevates spending in selective areas Polkadot has shown a notable uptick in spending for 2023, with $21 million compared to $13 million in the previous year. However, this increase is d...