đźPolkadot's treasury is feeling the heat with reports suggesting it might run out of budget in two years at the current spending rate.đž "It's like a teenager with a credit card," says Tommi Enenkel, head ambassador, adding that the volatile nature of crypto makes it hard to predict.đ„
But wait, there's a plot twist!đ The treasury isn't at risk of running out of funds after the current $245 million. About 7% of total token inflation is continually sent to the treasury. "It's like having a money tree in the backyard," says DOT activist Giotto de Filippi.đłđ°
In the first half of the year, Polkadot splurged $87 million, with over 40% going towards advertising, influencers, conferences, and events. "It's like throwing a party every day," Enenkel quips.đđ
Despite the spending spree, DOT's price has risen nearly 11% on the week.đ So, what's your take on Polkadot's treasury saga? Drop your thoughts in the comments!đ #DeFi #Web3 #Polkadot