According to TechFlow, in response to Polkadot's first-half financial report, Web3 Foundation CEO Fabian Gompf posted on the X platform that these expenditures were on-chain treasury expenditures decided by the community vote, not the Web3 Foundation's own expenses. Web3 Foundation has more than 5 years of funds in reserve and does not need to sell any DOT. The on-chain treasury has a continuous inflow of funds and will not run out of funds. Gompf believes that the treasury should fund more innovative projects that are not covered by the foundation, but the treasury has spent too much on low-return projects in recent months. The Polkadot community should vote to decide whether to make changes.
Earlier yesterday, it was reported that the Polkadot treasury allocated US$87 million in the first half of the year, and the remaining funds can last for about 2 years.
