- 326 million of $APE were held in treasury
- 255,060 $APE in accounts payable
- 59 million $APE reserved for grants
Yup, @furiousanger and I were right. We’re literally out of money.
When I wrote this AIP-505: Improving Funding Allocations To Benefit The DAO I had already done the math.
"The DAO treasury is rapidly declining - alongside the $ape token. At the current rate of spending and with all AIP allocations taken into account thus far, the DAO is expected to no longer be a going concern within a span of 19 months.
Oh, and btw, we barely have $100M left of disposable funds in the treasury. The treasury dashboard doesn’t take into account pre-allocated treasury funds set aside for approved AIPs (e.g. $100M Banana Bill)
In other words, going forward, the DAO needs number to go up. And the only way that can happen is via sustainable revenue generating activities - preferably short-term ones with the 3 - 12 months time frame."
Alongside these:
AIP-506: Update treasury dashboard to reflect pre-allocated funds
AIP-507: APE Foundation DAO Transparency Reports