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
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
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
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
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
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
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
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
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
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
In February, we also provided an update on our funding:
Link to funding update
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
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’smultisigto 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: SummaryLink 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: SummaryLink 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: SummaryLink 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: SummaryLink 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: SummaryLink 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: SummaryLink 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: SummaryLink 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: SummaryLink 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:
- September 29 Newsletter
- September 22 Newsletter
- September 15 Newsletter
- September 8 Newsletter
- September 1 Newsletter
Work of the Month: SummaryLink 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: SummaryLink 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: SummaryLink 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: SummaryLink 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 NoticeThe committee will withdraw 325,000 $USDC and 0 $UNI from the DEF’smultisigto fund upcoming grants and expenses. After completing this withdrawal, the DEF’s assets held in the multisig will be 8,068,780 $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 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 NoticeThe committee will withdraw 430,000 $USDC and 0 $UNI from the DEF’smultisigto 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:
- September 29 Newsletter
- September 23 Newsletter
- September 14 Newsletter
- September 9 Newsletter
- September 2 Newsletter
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 NoticeThe committee will withdraw 450,000 $USDC and 0 $UNI from the DEF’smultisigto 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: SummaryLink 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
The committee will withdraw 450,000 $USDC and 0 $UNI from the DEF’smultisigto fund upcoming grants and expenses. After completing this withdrawal, the DEF’s assets held in the multisig will be 5,998,857 $USDC and 499,000 $UNI.
Work of the Month: SummaryLink 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: SummaryLink to December summary.
2021
Expenditures
As a tax exempt organization, the DEF is required to file IRSForm 990annually, 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.
ExpendituresThe 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.