Beanstalk Farms September 2023 Operations Report
1. Dashboard
2. Expenses by Category
3. Expenses by Date
4. Beanstalk Farms Committee Members
5. Development Grants
Dashboard
Expenses by Category
BFM transaction history can be viewed on Safe.
| Description |
Transaction |
USDC |
Beans |
|
|
|
|
| Research and development expenses: |
|
|
|
| Development grants for bots and the Basin and Beanstalk UIs. |
Etherscan |
|
17,000 |
| Development grants for bots, subgraph and the Basin and Beanstalk UIs. |
Etherscan |
|
18,000 |
| Reimbursement to contributors for covering various technology expenses in September. |
Etherscan |
|
837 |
| Total research and development expenses |
|
|
35,837 |
|
|
|
|
| General and administrative expenses: |
|
|
|
| Contract for ops work. |
Etherscan |
|
625 |
| Contract for ops work. |
Etherscan |
|
625 |
| Total general and administrative expenses |
|
|
1,250 |
|
|
|
|
| Audit expenses: |
|
|
|
| Payment to Cyfrin for the audit of BIPs per BFBP-C-10. |
Etherscan |
|
30,000 |
| Total audit expenses |
|
|
30,000 |
|
|
|
|
| Total September 2023 expenses |
|
- |
67,087 |
Expenses by Date
BFM transaction history can be viewed on Safe.
| Date |
USDC |
Beans |
Reason |
Transaction |
| 09/15/2023 |
|
17,000 |
Development grants for bots and the Basin and Beanstalk UIs. |
Etherscan |
| 09/15/2023 |
|
625 |
Contract for ops work. |
Etherscan |
| 09/24/2023 |
|
30,000 |
Payment to Cyfrin for the audit of BIPs per BFBP-C-10. |
Etherscan |
| 09/30/2023 |
|
18,000 |
Development grants for bots, subgraph and the Basin and Beanstalk UIs. |
Etherscan |
| 09/30/2023 |
|
625 |
Contract for ops work. |
Etherscan |
| 09/30/2023 |
|
837 |
Reimbursement to contributors for covering various technology expenses in September. |
Etherscan |
| Total |
- |
67,087 |
|
|
Balances
USDC
| Description |
Amount |
Notes |
| Beginning balance as of 9/1/23 |
30,000 |
|
| USDC expenses |
- |
See Expenses. |
| Excess USDC from BSM |
820 |
Etherscan |
| Ending balance as of 10/3/23 |
30,820 |
Balance can be viewed on Safe. |
Bean (excluding Audit Fund)
| Description |
Circulating |
Deposited |
Total |
Notes |
| Beginning balance as of 9/1/23 |
273,957 |
- |
273,957 |
|
| Bean expenses |
(37,087) |
|
(37,087) |
See Expenses. |
| Ending balance as of 10/3/23 |
236,870 |
- |
236,870 |
Circulating balance can be viewed on Safe. Silo Deposits will not be visible but can be verified on-chain. |
Audit Fund
| Description |
Amount |
Notes |
| Beginning balance as of 9/1/23 |
236,537 |
|
| Audit Fund expenses |
(30,000) |
See Expenses. |
| Ending balance as of 10/3/23 |
206,537 |
Balance can be viewed on Safe. |
Beanstalk Farms Committee Members
Read more about the Beanstalk Farms Committee and BFCP proposals.
| Name |
Proposal |
End of Term |
Department |
Monthly Pay in Beans |
Hours per Week |
| guy |
BFCP-C-3 |
June 2024 |
Advisor |
- |
n/a |
| sweetredbeans |
BFCP-C-3 |
June 2024 |
Advisor |
- |
n/a |
| mod323 |
BFCP-C-3 |
March 2024 |
Advisor |
- |
n/a |
Development Grants
Proposals are not required for transactions under 25,000 Beans per BIP-33.
| Description |
Beans |
Proposal |
| Basin and Beanstalk UIs |
10,000 |
n/a |
| Basin and Beanstalk UIs |
20,000 |
n/a |
| Bots |
4,000 |
n/a |
| Subgraph |
1,000 |
n/a |
| Total |
35,000 |
|