Summary

This proposal outlines actual expenses for June as well as a proposed budget for July. For a more detailed budget, please see this spreadsheet.

Expense Categories

• Contributor payments: payments to staff and contributor teams such as the product team, host committee, governance committee, and editorial committee.

• Admin expenses: Admin expenses such as payments for Notion, Zapier, Airtable, Zoom, and Google.

• Events: Events such as FWB coffee time, FWB health time, food with beverage, Seed Club event, FWB radio time, FWB stonks

June Actual Expenses

Overall Expenses

Category	FWB	USDC	Total USD
Contributor Payments	950	20,575	$25,449
Admin Expenses	0	253	$253
Events	400	23,100	$25,152
Total	1,350	43,928	$50,854

Contributor Payments

Category	FWB	USDC	Total USD
Staff	0	10,000	$10,000
Product	0	7,500	$7,500
Host Committee	550	0	$2,822
Governance Committee	250	1,200	$2,483
Editorial Committee	150	1,875	$2,645
Total	950	20,575	$25,449

July Proposed Budget

Overall Budget

Category	FWB	USDC	Total USD
Contributor Payments	1,886	29,950	$39,624
Admin Expenses	0	253	$253
Events	400	0	$2,052
Total	2,286	30,203	$41,929

Contributor Budget

Category	FWB	USDC	Total USD
Staff	0	7,500	$7,500
Product	836	18,750	$23,037
Editorial	400	1,250	$3,302
Membership	450	1,250	$3,559
Advisory Board	100	1,200	$1,713
Governance	100	0	$513
Total	1,886	29,950	$39,624

Prepared by Llama

This budget is prepared by Llama, which provides treasury management for DAOs. We are active FWB members ourselves and work in close collaboration with other community members to draft this budget.

Conclusion

June’s actual expenses add up to 1,350 FWB and 43,928 USDC. According to FWB’s price as of June 28, this is $50,854. July’s proposed budget adds up to 2,286 FWB and 30,203 USDC. According to FWB’s price as of June 28, this is $41,929.

Vote

Yes - Distribute June actual expenses and approve July budget No - Do not distribute June actual expenses and do not approve July budget