Polkadot Treasury Spent $21 Million in DOT: Almost 2 Times Last Year!

The expenditure of the Polkadot (DOT) treasury in 2023 has almost doubled compared to last year.

Polkadot’s treasury spending data has been announced. According to data 18 October as of treasury, $21 million worth 3.9 million DOT spent. Last year’s spending amount $13 million worth 1.7 million DOT Considering that spending 61.5% increase It happened.

According to the details of the statement made by the team $21 million half of the spend goes to developers, 38% social aid, 9% operating expenses and 2% was transferred to research expenses.

Yet 2023 before the end of the year to 2022 One of the most striking points was the increase in expenditures compared to

In the statement made by the team, the following statements were made:

2023 is not yet complete, but we see a clear increase in dollar and DOT spending compared to 2022. We hope this report serves the Polkadot community to better understand historical spending and inform future decision-making and budgeting.

According to CoinGecko data, in the last 24 hours 3.2% rising DOT, at the time of writing from $3.74 finds buyers.

source site-9