Core Team Assistance April 2024 by reuben

Goal: 14402 FIRO ($25491.54) CFC
Proposal Completed

Why?

This is the 16th request to the CFC as we committed to do month to month requests instead of a lump sum request.

Core team gets about ~16000 FIRO a month from the share of the block reward. At today's prices this is USD25,920

Breakdown of Core Team Expenses

Developer Pay (covers 4 developers Peter, Levon, Artur, Narek and Aleflm) 30,000 USD/month

Research: 3,500 USD/month

Admin/Support/Management (including Reuben) 9500 USD/month (covers Reuben, Anwar, Ajay)

Hosting Fees: 1,000 USD/month This covers Github, Continuous Integration, Matrix, chat bridges, seed nodes, explorers, light wallet servers, testnet and website hosting fees. The bulk of this is on explorers and the light wallet support which require beefier specs.

Sysadmin: 1,250 USD This is engaged from Cypher Stack and covers the running of all our infrastructure. This is reduced from 2500 USD/month after Cypher Stack kindly agreed to reduce their charge during the bear. The price will be back to 2500 USD when Firo goes back to USD2.50/FIRO

Community Support: 1000 USD Batuhan receives 500 USD to assist with community management. The remainder is for various giveaways, merchandise and community events or to reward volunteer community managers.

Market Making 3000 USD/month

Total: USD 49,250

Deficit: USD 23,330

Do note that the deficit is only an estimate and is based on the current market price. This figure changes with the ebbs and flows of the market.

How much?

Total requested: ~USD23,330 in FIRO equivalent

This is a larger request than last month due to the overall retrace of the market.

We won't be requesting volatility protection especially this will be on a month to month basis.

We are requesting for this proposal to be reviewed on a month to month basis by the Community Fund Committee so that in the event market conditions improved we can cease this and we can also adjust the amount requested.

The core team as a general principle does not want to make requests from the Community Fund unless absolutely necessary and we appreciate the support.

Events
  • Proposal created 2024-05-05 08:06
  • Discourse topic posted 2024-05-05 08:06
  • Status changed from 'idea' to 'Funding Required' 2024-05-05 12:34
  • Donation address generated 2024-05-05 12:34
  • Payment of 8800.0 FIRO sent 2024-05-05 15:54
  • Payment of 3840.0 FIRO sent 2024-05-16 15:03
  • Payment of 1000.0 FIRO sent 2024-05-19 15:32
  • Payment of 762.00110545 FIRO sent 2024-05-21 13:07
  • Status changed from 'WIP' to 'Completed' 2024-05-21 13:08
Meta
firo
This proposal is completed. See the forum discussion thread for more information.
Transactions

  • Amount: 762.0011 FIRO
  • TXID: 954386e508abc38f037645adc4ee8cd54474fb2bc64cfb1264107c81fcac5695
  • Date: 2024-05-21 13:07

  • Amount: 762.00006869 FIRO
  • TXID: 426a46c962cf787f3d99cd3a4411853ebd57c09ffd2baa1baa96f5d8edb414c2
  • Blockheight: 890951
  • Confirmations: 2809

  • Amount: 1000.0 FIRO
  • TXID: 421547e9dff40249ded3d6b5fe3daf41abd9e094d02cafb302ab988896bd4795
  • Date: 2024-05-19 15:32

  • Amount: 1000.00007076 FIRO
  • TXID: 1b62c037f1f8260e33848249807f8726e108d920296217f4e64d76bb69e747e0
  • Blockheight: 889818
  • Confirmations: 3942

  • Amount: 3840.0 FIRO
  • TXID: 8c1825a0001d53e7b13154b7eaa219cfe28fa025eafc38b791432ee40682053b
  • Date: 2024-05-16 15:03

  • Amount: 700.00010624 FIRO
  • TXID: 14325feeacecbe1721c346f55f26c9ffd874b9c24204c38f4aa0d30230cd283c
  • Blockheight: 887956
  • Confirmations: 5804

  • Amount: 420.0 FIRO
  • TXID: c5dce33073c707a9474f01801e44ddf7ce3e80811d59083d28feadb74567b08c
  • Blockheight: 886842
  • Confirmations: 6918

  • Amount: 420.0 FIRO
  • TXID: e1df078c1793de6c3857deec9a056c6bed3cc773cb2ccf87ffe779716832179a
  • Blockheight: 886842
  • Confirmations: 6918

  • Amount: 420.0 FIRO
  • TXID: 8077d1f70d84ea7bf23790256e3bb5a940a69fd51e55367e3b85a8b8205a2006
  • Blockheight: 886841
  • Confirmations: 6919

  • Amount: 420.0 FIRO
  • TXID: a3f3894f18cfdbf1a591a4b342fea5b384e661695844bf5192df414435d1fa51
  • Blockheight: 886841
  • Confirmations: 6919

  • Amount: 420.0 FIRO
  • TXID: 73fa2e29211d75f0a630beb5fc6889d989e606e135cad69da96709dc292ee25f
  • Blockheight: 886841
  • Confirmations: 6919

  • Amount: 420.0 FIRO
  • TXID: e04c78233f18f164a189d0eae5a687b7ad462729555dbea5c7922ddc7345c47c
  • Blockheight: 886841
  • Confirmations: 6919

  • Amount: 420.0 FIRO
  • TXID: 79852b1277780825893903f1afcd2091d27ae53fb0354c74db7513878a4b06a9
  • Blockheight: 886841
  • Confirmations: 6919

  • Amount: 200.00008593 FIRO
  • TXID: 3e0ddf47b6bb89406e7b826adf5eff8f1a5d17f0fd376c99eb4a0f7e7b05e26f
  • Blockheight: 882087
  • Confirmations: 11673

  • Amount: 8800.0 FIRO
  • TXID: fc155b844fdc3b514a3492b6c5d35b92ac1752a92df9c273d9adc9b31c2b8333
  • Date: 2024-05-05 15:54

  • Amount: 8800.00077383 FIRO
  • TXID: 3b08eecf0bcdcdd762c0bdb73eed649cf63f6344639477d4c00673642e68ecad
  • Blockheight: 881771
  • Confirmations: 11989