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.
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.
762.0011 FIRO
954386e508abc38f037645adc4ee8cd54474fb2bc64cfb1264107c81fcac5695
2024-05-21 13:07
762.00006869 FIRO
426a46c962cf787f3d99cd3a4411853ebd57c09ffd2baa1baa96f5d8edb414c2
890951
99230
1000.0 FIRO
421547e9dff40249ded3d6b5fe3daf41abd9e094d02cafb302ab988896bd4795
2024-05-19 15:32
1000.00007076 FIRO
1b62c037f1f8260e33848249807f8726e108d920296217f4e64d76bb69e747e0
889818
100363
3840.0 FIRO
8c1825a0001d53e7b13154b7eaa219cfe28fa025eafc38b791432ee40682053b
2024-05-16 15:03
700.00010624 FIRO
14325feeacecbe1721c346f55f26c9ffd874b9c24204c38f4aa0d30230cd283c
887956
102225
420.0 FIRO
c5dce33073c707a9474f01801e44ddf7ce3e80811d59083d28feadb74567b08c
886842
103339
420.0 FIRO
e1df078c1793de6c3857deec9a056c6bed3cc773cb2ccf87ffe779716832179a
886842
103339
420.0 FIRO
8077d1f70d84ea7bf23790256e3bb5a940a69fd51e55367e3b85a8b8205a2006
886841
103340
420.0 FIRO
a3f3894f18cfdbf1a591a4b342fea5b384e661695844bf5192df414435d1fa51
886841
103340
420.0 FIRO
73fa2e29211d75f0a630beb5fc6889d989e606e135cad69da96709dc292ee25f
886841
103340
420.0 FIRO
e04c78233f18f164a189d0eae5a687b7ad462729555dbea5c7922ddc7345c47c
886841
103340
420.0 FIRO
79852b1277780825893903f1afcd2091d27ae53fb0354c74db7513878a4b06a9
886841
103340
200.00008593 FIRO
3e0ddf47b6bb89406e7b826adf5eff8f1a5d17f0fd376c99eb4a0f7e7b05e26f
882087
108094
8800.0 FIRO
fc155b844fdc3b514a3492b6c5d35b92ac1752a92df9c273d9adc9b31c2b8333
2024-05-05 15:54
8800.00077383 FIRO
3b08eecf0bcdcdd762c0bdb73eed649cf63f6344639477d4c00673642e68ecad
881771
108410