Data: Polkadot Treasury allocated 87 million dollars in the first half of this year, currently managing 245 million dollars in assets

ChainCatcher news, Polkadot community members Alice and Bob recently published the 2024 first half Polkadot Treasury report on the official governance forum, with the following key points:

1. The Treasury will allocate $87 million (11 million DOT) in the first half of 2024, with 13% of the expenditure coming from executing entities (bounties and collectives);
2. The Treasury manages assets worth $245 million (38 million DOT), of which $188 million (29 million DOT) are liquid assets;
3. Stablecoins: $8 million of its cash reserves are in stablecoins USDT and USDC, and an additional 2.5 million DOT ($16 million) is allocated for continuous purchases of stablecoins;
4. Designated assets: $24.5 million (3.8 million DOT) is allocated to several executing entities (bounties and collectives) of Polkadot for strategic plans such as marketing, DeFi tools, gaming, BD, etc., with $6.4 million (1 million DOT) allocated for gaming vertical airdrops;
5. Polkadot has provided 1.6 million DOT (approximately $10 million) of its own assets as liquidity to the DeFi market in the ecosystem;
6. At the current rate of expenditure, the Treasury has about 2 years of runway (the volatility of the treasury in cryptocurrency terms may affect this duration).