Polkadot Q3 financial report: treasury balance of US$153 million, expenditure of US$27 million, and marketing expenditure dropped significantly

PANews reported on October 15 that according to the third quarter 2024 treasury report released by the Polkadot official governance forum, the balance of the Polkadot treasury was 33.3 million DOTs (about $153 million), and the surplus after deducting liabilities was 32.4 million DOTs (about $149 million). The treasury spent a total of $27 million (5.2 million DOTs) in the third quarter, a significant decrease from $58 million (8 million DOTs) in the second quarter. Among the specific expenditures, marketing-related expenses fell the most, from $27 million to $9.9 million; development expenses grew steadily to $11.9 million; operating expenses fell slightly to $1.4 million; talent and education expenses increased to $3.8 million; and research expenses fell to $310,000.