As of October 18, 2023, reports indicate that the Polkadot treasury has disbursed 3.9 million DOTs, which is equivalent to a substantial $21 million. This represents a notable uptick from the 1.7 million DOTs, valued at $13 million, that it expended in the previous year.
In reference to a report shared on the Polkadot network's forum, Colin Wu, a Chinese reporter specializing in cryptocurrencies, pointed out that this year, half of the Polkadot treasury's expenditures were allocated to development efforts. Additionally, Wu observed that 38% of the budget was directed towards outreach initiatives, with operating expenses accounting for 9% of the total budget.
The article titled "Polkadot's Treasury Expenditure Doubles in Under a Year" was originally published on Coin Edition.
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