Update: Oct 31, 2025
None of the discretionary budget was utilized during the month of October.
- The Celo incentives concluded last month. Since we budgeted the allocation in dollar terms, there was surplus UNI from the incentives wallet that we returned to our main wallet. This led to an inflow of ~14,195 UNI. Therefore, the current balance in UNI terms has increased, while the USD balance stays constant at $890k, adding 14k UNI of surplus.
- Plasma incentives have not yet been allocated. The tentative allocation timeline is late November. This allows more flexibility managing the budget due to October’s UNI price decline.
Below is the status of the Incentive Package Budget Account at month close.
The current balance stands at $890k, which represents the total amount of yet-to-be-allocated incentives. Based on a UNI price of $5.75, this Account is at a surplus of $768,046, bringing the total current adjusted balance to $1,658,046.
As it currently stands, 1.5× the current balance equates to $1,335,000. Therefore, the discretionary budget as of October 31st is $323,046. If the dollar value of the UNI in this account falls below $1,335,000, the discretionary budget cannot be utilized.