Polkadot Treasury allocated $87 million in the first half of this year and currently manages $245 million in assets

Alice and Bob, members of the Polkadot community, recently released the Polkadot Treasury report for the first half of 2024 on the official governance forum. The main points are as follows: 1. The Treasury allocated $87 million (11 million USD) in the first half of 2024, of which 13% of the expenditure came from executive entities (bounties and collectives); 2. The Treasury manages $245 million (38 million DOTs) in assets, of which $188 million (29 million DOTs) are liquid assets; 3. Stablecoins: $8 million of its cash reserves are stablecoins USDT and USDC, and another 2.5 million DOTs (16 million USD) are used to continuously buy stablecoins; 4. Designated assets: $24.5 million (3.8 million DOTs) are allocated to several executive entities (bounties and collectives) of Polkadot for strategic initiatives such as marketing, DeFi tools, games, BD, etc., and 640 million DOTs are used for 3D printing, ... 5. Polkadot has provided 1.6 million DOTs (about 10 million USD) of its own assets as liquidity to the DeFi market in the ecosystem; 6. At the current spending rate, Treasury still has about 2 years of runway time (the volatility of the treasury denominated in cryptocurrency may affect this length of time).