Polkadot Q3 Financial Report: Treasury balance of $153 million, significant decrease in marketing expenditure

Polkadot community members Alice und Bob released the Treasury operation report for the third quarter of 2024 on the official governance forum. The report shows that the balance of Polkadot's treasury is 33.3 million DOT ($153 million). After deducting liabilities, the surplus is 32.4 million DOT ($149 million).

In terms of expenditure, Polkadot's treasury spent a total of $27 million (5.2 million DOT) in the third quarter, which is about half of the total expenditure in the second quarter (from $58 million to $27 million), or from 8 million DOT to 5.2 million DOT if priced in DOT.

Specifically, marketing-related expenditures saw the largest decrease, from $27million to $9.9million; development-related expenditures remained stable, increasing from $10million to $11.9million; operational expenses also maintained a similar level, decreasing from$1.7million to$1.4million; talent and education-related spending slightly increased, rising from$2.3million to$3.8millon; research spending was at a low point dropping from$1 .5milion down to $.31milion ; no economic incentive proposals were approved this quarter.