Financial Information

August 2025

Expenditures

You can find the August 2025 break down here.

What we worked on and what was happening:

Work of the Month: Summary

July 2025

Expenditures

You can find the July 2025 break down here. If you would like to look at our 2025 financial breakdowns, please click here.

What we worked on and what was happening:

Work of the Month: Summary

Link to July Summary

June 2025

Expenditures

You can find the June 2025 break down here. If you would like to look at our 2025 financial breakdowns, please click here.

What we worked on and what was happening:

Work of the Month: Summary

Link to June Summary

May 2025

Expenditures

You can find the May 2025 break down here. If you would like to look at our 2025 financial breakdowns, please click here.

What we worked on and what was happening:

Work of the Month: Summary

Link to May Summary

April 2025

Expenditures

You can find the April 2025 break down here. If you would like to look at our 2025 financial breakdowns, please click here.

USDC & UNI Update: In April, DEF transferred the USDC from our multisig to our Kraken account to fund upcoming business expenses (LINK). Additionally, we are continuing to sell the our UNI tokens in the multisig in accordance with our January 2025 funding update.

What we worked on and what was happening:

Work of the Month: Summary

Link to April Summary

March 2025

Expenditures

You can find the March 2025 break down here. If you would like to look at our 2025 financial breakdowns, please click here.

USDC & UNI Update: In April, DEF will transfer the USDC from our multisig to our Kraken account to fund upcoming business expenses (LINK). Additionally, we are continuing to sell the our UNI tokens in the multisig in accordance with our January 2025 funding update.

What we worked on and what was happening:

Work of the Month: Summary

Link to March Summary

February 2025

Expenditures

You can find the February 2025 break down here. If you would like to look at our 2025 financial breakdowns, please click here.

What we worked on and what was happening:

Work of the Month: Summary

Link to February Summary

January 2025

Expenditures

You can find the January 2025 break down here. If you would like to look at our 2025 financial breakdowns, please click here.

What we worked on and what was happening:

Work of the Month: Summary

Link to January Summary

2024

December 2024

Expenditures

You can find the December 2024 breakdown here. If you would like to look at our 2024 financial breakdowns, please click here.

What we worked on and what was happening:

Work of the Month: Summary

Link to December Summary

November 2024

Expenditures

You can find the November 2024 breakdown here. If you would like to look at our 2024 financial breakdowns, please click here.

What we worked on and what was happening:

Work of the Month: Summary

Link to November Summary

October 2024

Expenditures

You can find the October 2024 breakdown here. If you would like to look at our 2024 financial breakdowns, please click here.

What we worked on and what was happening:

Work of the Month: Summary

Link to October Summary

September 2024

Expenditures

You can find the September 2024 breakdown here. If you would like to look at our 2024 financial breakdowns, please click here.

What we worked on and what was happening:

Work of the Month: Summary

Link to September Summary

August 2024

Expenditures

You can find the August 2024 breakdown here. If you would like to look at our 2024 financial breakdowns, please click here.

What we worked on and what was happening:

Work of the Month: Summary

Link to August Summary

July 2024

Expenditures

You can find the July 2024 breakdown here. If you would like to look at our 2024 financial breakdowns, please click here.

What we worked on and what was happening:

Work of the Month: Summary

Link to July Summary

June 2024

Expenditures

You can find the June 2024 breakdown here. If you would like to look at our 2024 financial breakdowns, please click here.

What we worked on and what was happening:

Work of the Month: Summary

Link to June Summary

May 2024

Expenditures

Starting in May 2024, we will be more detailed in our financial disclosures. You can find the May 2024 breakdown here. If you would like to look at our 2024 financial breakdowns, please click here.

Work of the Month: Summary

Link to May Summary

April 2024

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of April 2024 were: $158,427.63 in internal expenses, and $91,720.00 in external expenses

What we worked on and what was happening:

Work of the Month: Summary

Link to April Summary

March 2024

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of Mar 2024 were: $132,976.72 in internal expenses, and $194,488.25 in external expenses.

What we worked on and what was happening:

Work of the Month: Summary

Link to March Summary

February 2024

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of Feb 2024 were: $167,086.57 in internal expenses, and $69,030.77 in external expenses.

What we worked on and what was happening:

Work of the Month: Summary

Link to February Summary

In February, we also provided an update on our funding:
Link to funding update

January 2024

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of Jan 2024 were: $230,200.62 in internal expenses, and $96,714.48 in external expenses.

What we worked on and what was happening:

Work of the Month: Summary

Link to January Summary

2023

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of January 2023 were: $84,271.22 in internal expenses, and $112,812.04in external expenses. What we worked on and what was happening:

Multisig Withdrawal Notice

The committee will withdraw 325,000 $USDC and 0 $UNI from the DEF’s multisig to fund upcoming grants and expenses. After completing this withdrawal, the DEF’s assets held in the multisig will be 5,673,857 $USDC and 499,000 $UNI.

Work of the Month: Summary Link to January summary.

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of February 2023 were: $84,205.65 in internal expenses, and $104,002.79 in external expenses. What we worked on and what was happening:

Work of the Month: Summary Link to February summary.

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of March 2023 were: $128,513.41 in internal expenses, and $103,500 in external expenses. What we worked on and what was happening:

Work of the Month: Summary Link to March Summary

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of April 2023 were: $142,563.53 in internal expenses, and $301,667,54 in external expenses. What we worked on and what was happening:

Work of the Month: Summary

Link to April Summary

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of May 2023 were: $133,896.71 in internal expenses, and $282,488.82 in external expenses. What we worked on and what was happening:

Work of the Month: Summary Link to May Summary

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of June 2023 were: $140,529.93 in internal expenses, and $188,303.40 in external expenses. What we worked on and what was happening:

Work of the Month: Summary

Link to June Summary

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of July 2023 were: $174,782.76 in internal expenses, and $98,810.76 in external expenses. What we worked on and what was happening:

Work of the Month: Summary Link to July Summary

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of August 2023 were: $143,264.06 in internal expenses, and $149,687.60 in external expenses. What we worked on and what was happening:

Work of the Month: Summary Link to August Summary

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of September 2023 were: $142,680.27 in internal expenses, and $354,373.00 in external expenses. What we worked on and what was happening:

Work of the Month: Summary

Link to September Summary

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of October 2023 were: $141,939.23 in internal expenses, and $127,400.00 in external expenses. What we worked on and what was happening:

Work of the Month: Summary

Link to October Summary

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of November 2023 were: $124,489.15 in internal expenses, and $79,002.50 in external expenses. What we worked on and what was happening:

Work of the Month: Summary

Link to November Summary

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of December 2023 were: $111,898.29 in internal expenses, and $309,792.80 in external expenses. What we worked on and what was happening:

Work of the Month: Summary

Link to December Summary

2022

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures incurred during the month of January 2022 were: $187,792 in grant disbursements, $62,505.01 in internal expenses, and $140,831 in external expenses.

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of February 2022 were: $61,504.55 in internal expenses and $143,741.32 in external expenses.

What we worked on and what was happening:

Multisig Withdrawal Notice

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of March 2022 were: $57,945.98 in internal expenses and $143,929.29 in external expenses.

What we worked on and what was happening:

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of April 2022 were: $165,958 (Fight for the Future grant payment) in grant payments, $66,205.02 in internal expenses, and $172,662.29 in external expenses.

What we worked on and what was happening:

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of May 2022 were: $31,250 in grant payments, $74,914.16 in internal expenses, and $141,718.80 in external expenses. What we worked on and what was happening:

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of June 2022 were: $31,250 in grant payments, $84,801.27 in internal expenses, and $217,342.50 in external expenses. What we worked on and what was happening:

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of July 2022 were: $126,431.02 in internal expenses and $101,500 in external expenses. What we worked on and what was happening:

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of August 2022 were: $130,292 in grants, $102,107.07 in internal expenses, and $87,500 in external expenses. What we worked on and what was happening:

Multisig Withdrawal Notice

The committee will withdraw 430,000 $USDC and 0 $UNI from the DEF’s multisig to fund upcoming grants and expenses. After completing this withdrawal, the DEF’s assets held in the multisig will be 6,898,857 $USDC and 499,000 $UNI.

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of September 2022 were: $62,500 in grants, $83,386.43 in internal expenses, and $173,803.75 in external expenses. What we worked on and what was happening:

Work of the Month: Summary

(Going forward, we will provide a succinct recap of what we have been up to over the last month. If you have any questions or would like to learn more about a specific activity or issue, please do not hesitate to reach out!) Link to September summary

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of October 2022 were: $87,010.72 in internal expenses, and $108,383.15 in external expenses. What we worked on and what was happening:

Multisig Withdrawal Notice

The committee will withdraw 450,000 $USDC and 0 $UNI from the DEF’s multisig to fund upcoming grants and expenses. After completing this withdrawal, the DEF’s assets held in the multisig will be 6,448,857 $USDC and 499,000 $UNI.

Work of the Month: Summary

Link to October summary.

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of November 2022 were: $1,500 in grants; $83,425.19 in internal expenses, and $141,357.81 in external expenses. What we worked on and what was happening:

Multisig Withdrawal Notice

Work of the Month: Summary Link to November summary.

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of December 2022 were: $31,250 in grants; $81,048.90 in internal expenses, and $130,236.25 in external expenses. What we worked on and what was happening:

Work of the Month: Summary

Link to December summary.

2021

Expenditures

As a tax exempt organization, the DEF is required to file IRS Form 990 annually, which will serve as the basis of our monthly expenditure updates. Form 990 provides information about non-profit organizations’ programs, activities, relationships, transactions, and governance, in addition to revenues, expenses and assets. Certain expenditures are broken out on the 990 in greater detail, including grants, payments to highly compensated independent contractors, and payments to key employees and directors. It is designed to ensure exempt organizations are fulfilling their missions and merit continued tax-exempt status. The 990 is filed with the IRS and will be publicly available on the IRS website and on our website. Our first 990 will be due on November 15, 2022.

The DEF’s expenditures will fall into three categories: grants, internal expenses and operations (employee and grants committee member compensation, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, web development, etc.).

In August 2021, the DEF’s expenditures incurred are: $195,500 in grants, $28,966 and 177 $UNI in internal expenses, and $46,768 and 0.48 $ETH in external expenses.

Multisig Withdrawal Notice

The committee will withdraw 400,000 $USDC and 1,000 $UNI from the multisig. After completing this withdrawal, the DEF’s assets held in the multisig will be 9,783,780 $USDC and 499,000 $UNI.

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of September 2021 were: $125,292 in grants, $18,078 and 177 $UNI in internal expenses, and $28,900 in external expenses.

Multisig Withdrawal Notice

The committee will withdraw 500,000 $USDC and 0 $UNI from the DEF’s multisig to fund upcoming grants and expenses. After completing this withdrawal, the DEF’s assets held in the multisig will be 9,283,780 $USDC and 499,000 $UNI.

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of October 2021 were: $45,000 in grants, $26,813.92 and 177 $UNI in internal expenses, and $32,525 in external expenses.

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of November 2021 were: $60,000 in grants, $62,572.22 and 177 $UNI in internal expenses, and $167,525.00 in external expenses.

Expenditures

The DEF’s expenditures generally fall into three categories: grants given, internal expenses and operations (employees, rent, insurance, etc.), and external expenses (independent contractors like legal counsel, lobbyists, web development, etc.). The DEF’s expenditures during the month of December 2021 were: $23,783.18 in grants, $102,107.07 and 177 $UNI in internal expenses, and $76,695.60 in external expenses.

Multisig Withdrawal Notice

The committee will withdraw 300,000 $USDC and 0 $UNI from the DEF’s multisig to fund upcoming grants and expenses. After completing this withdrawal, the DEF’s assets held in the multisig will be 8,983,780 $USDC and 499,000 $UNI.

Financial Information

2024

2023

2022

2021

August 2025

Expenditures

Work of the Month: Summary

July 2025

Expenditures

Work of the Month: Summary

June 2025

Expenditures

Work of the Month: Summary

May 2025

Expenditures

Work of the Month: Summary

April 2025

Expenditures

Work of the Month: Summary

March 2025

Expenditures

Work of the Month: Summary

February 2025

Expenditures

Work of the Month: Summary

January 2025

Expenditures

Work of the Month: Summary

December 2024

Expenditures

Work of the Month: Summary

November 2024

Expenditures

Work of the Month: Summary

October 2024

Expenditures

Work of the Month: Summary

September 2024

Expenditures

Work of the Month: Summary

August 2024

Expenditures

Work of the Month: Summary

July 2024

Expenditures

Work of the Month: Summary

June 2024

Expenditures

Work of the Month: Summary

May 2024

Expenditures

Work of the Month: Summary

April 2024

Expenditures

Work of the Month: Summary

March 2024

Expenditures

Work of the Month: Summary

February 2024

Expenditures

Work of the Month: Summary

In February, we also provided an update on our funding: Link to funding update

January 2024

Expenditures

Work of the Month: Summary

2023

January 2023

February 2023

March 2023

April 2023

May 2023

June 2023

July 2023

August 2023

September 2023

October 2023

November 2023

December 2023

2022

In February, we also provided an update on our funding:
Link to funding update