Cash Position
- Total cash: $3.796M
- Breakdown:
- Spent on Pike development (1yr pre-Presale): $1.034M
- Loan for exploit restitution: $1.98M
- Current quarter buyback target: $960,000
Monthly Operational Costs (October 2024)
- Total: $215,183.69
- Payroll: $99,841
- Infrastructure: $15,938
- Security services: $41,310
- Vendors: $53,552
- Subscription services: $4,542
Grants Treasury
- W token: 500,000
- Pyth token: 100,000
- OP token: 20,000
P Token Treasury
- P token: 56,888,942
- USDC: $66,485
- P in LP pool: 7,276,178
- USDC in LP pool: $135,596
Operational Costs Spreadsheet
P Buyback Program
Year-to-Date Progress (as of Dec 6, 2024)
- Phase 1 allocation: $960,000
- USDC spent: $732,674
- Team has acquired >51% of circulating supply
- 2,071 P holders with fairly even distribution
- Biggest position holder currently holds less than 0.11% of circulating supply
Upcoming Buyback Plan (Q1 2025)
- Buyback will continue throughout Q1 2025
- Target buyback budget up to $2,000,000.
- P tokens repurchased will be used for various incentive campaigns strictly for our community incentivization such as:
- We Believe
- Keeper of P