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

Alice and Bob, members of the Polkadot community, released the Treasury operating report for the third quarter of 2024 on the official governance forum. The report shows that the balance of the Polkadot Treasury is 33.3 million DOT (153 million US dollars), and after deducting liabilities, the surplus is 32.4 million DOT (149 million US dollars). In terms of expenditures, the Polkadot Treasury spent a total of 27 million US dollars (5.2 million DOT) in the third quarter, which is approximately half of the total expenditures in the second quarter (decreasing from 58 million US dollars to 27 million US dollars), or 8 million DOT to 5.2 million DOT. Specifically, the largest decrease in marketing-related expenditures, from 27 million US dollars to 9.9 million US dollars; development-related expenditures remained stable, increasing from 10 million US dollars to 11.9 million US dollars; operational expenditures also remained at a similar level, decreasing from 1.7 million US dollars to 1.4 million US dollars; talent and education-related expenditures slightly increased, from 2.3 million US dollars to 3.8 million US dollars; research expenditures were at a low level, decreasing from 1.5 million US dollars to 310,000 US dollars; and no economic incentive proposals were approved this quarter.