Kiwi News Daily
Cover photo

Kiwi distributes its treasury

Kiwi News Daily

Today we decided to put Kiwi treasury to work.

So far, Kiwi had 3 streams of cash.

The first one is revenue from the NFT mints.

The second one is the one-time Purple Retroactive Grant.

The third one is the one-time Ethereum Foundation Impact Gift from EF employee - Rose.

All in all, they all add up to 2.78521 ETH and 2000 USDC.

post image

We are going to share almost all of it. 

A big part will go to ourselves since we've been working on Kiwi full-time for the last few months. But we also want to share part of it with the community.

Most of you probably haven't expected any money. And, of course, the amounts we will share aren't life-changing. But this is how much we got. If we got more, we would share more. 

Hopefully, in the next few months, we will grow Kiwi to the point where contributors - instead of getting pocket money - can receive substantial sums. 

This is the distribution we prepared based on projects delivered for Kiwi:

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We'd love to be able to share some ETH with everyone who helped us, shared a piece of advice, and provided feedback. But it's tough to track these contributions objectively, so for now, we decided to rely only on tangible contributions.

If you want to track tx, where we shared these funds, here's the link:
https://etherscan.io/tx/0xe89436ed02163e15aa8669ae40acaef5b2edf2bac0e964735204a7a3d0f87d45 

And this is it! We can't promise more rewards, but we'd do our best to make our treasury grow and distribute it efficiently!

And if you are a Kiwi holder and want to get involved more, please reach out on our Kiwi Holders Channel!

PS: If you were wondering why Tim gets much more than Mac, it's because he started working on the protocol in February, and Mac joined in April.

PS2: Tim got $2000 + 0.91ETH since - by current ETH prices - it adds up to 2 ETH. We didn't want to convert USDC to ETH before the transfer (gas fees…).

PS3: Mac received Purple Grant 1 ETH in his wallet, so he just kept it instead of sending it to multi-sig and back (gas fees…).

PS4: Caroline already got her 0.05ETH before so we haven't sent it as part of this transaction.

Collect this post as an NFT.

Kiwi News Daily

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Alex Palmer
Alex Palmer
Commented 2 years ago

This is very cool. Well done!

Kiwi News Daily
Commented 2 years ago

Thank you!

sean
sean
Commented 2 years ago

You guys are awesome 🙏 but we want you to be able to continue to work on this as long as possible so take care of yourselves! Looking forward to see what you do with the community you've created here!

Kiwi News Daily
Commented 2 years ago

The Kiwi community is really great and the vision is ambitious, so I'm sure we'll find a way to make the project sustainable :)

brais.eth
brais.eth
Commented 2 years ago

AmaZZZing!

Kiwi News Daily
Commented 2 years ago

Thanks!

KiwiFarcaster
Kiwi
Commented 2 years ago

https://paragraph.xyz/@kiwi-daily/kiwi-treasury-distrbution 3 upvotes, submitted by @macbudkowski *** Find more great links at kiwinews.xyz

Mac Budkowski ᵏFarcaster
Mac Budkowski ᵏ
Commented 2 years ago
Mac Budkowski ᵏFarcaster
Mac Budkowski ᵏ
Commented 2 years ago

btw these blockchain transactions are so stressful!

timdaubFarcaster
timdaub
Commented 2 years ago

👀

Mac Budkowski ᵏFarcaster
Mac Budkowski ᵏ
Commented 2 years ago

👓

Colin Johnson 💭Farcaster
Colin Johnson 💭
Commented 2 years ago

Very cool, fun to see it!

Rob SanchezFarcaster
Rob Sanchez
Commented 2 years ago

Love the cover image haha

Mac Budkowski ᵏFarcaster
Mac Budkowski ᵏ
Commented 2 years ago

Used my top midjourney skills to get it 😁

Jacek.degen.eth 🎩Farcaster
Jacek.degen.eth 🎩
Commented 2 years ago

Dope!

Mac Budkowski ᵏFarcaster
Mac Budkowski ᵏ
Commented 2 years ago

🫡

Kiwi distributes its treasury