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Beanstalk Farms January 2024 Operations Report

1. Dashboard
2. Expenses by Category
3. Expenses by Date
4. Beanstalk Farms Committee Members
5. Development Grants

Dashboard

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Expenses by Category

BFM transaction history can be viewed on Safe.

Description Transaction USDC Beans
Research and development expenses:
Various Beanstalk and Basin development grants - see Development Grants section. Etherscan 19,000
Reimbursement to contributors for covering various technology expenses in December. Etherscan 1,892
Various Beanstalk and Basin development grants - see Development Grants section. Etherscan 17,083
Payment to whitehat for subgraph bug report. Etherscan 2,000
Reimbursement to contributors for covering various technology expenses in January. Etherscan 1,681
Total research and development expenses 2,000 39,656
General and administrative expenses:
Contract for ops work. Etherscan 625
Contract for ops work. Etherscan 825
Total general and administrative expenses 1,450
Total January 2024 expenses 2,000 41,106

Expenses by Date

BFM transaction history can be viewed on Safe.

Date USDC Beans Reason Transaction
01/17/2024 19,000 Various Beanstalk and Basin development grants - see Development Grants section. Etherscan
01/17/2024 625 Contract for ops work. Etherscan
01/17/2024 1,892 Reimbursement to contributors for covering various technology expenses in December. Etherscan
01/31/2024 17,083 Various Beanstalk and Basin development grants - see Development Grants section. Etherscan
01/31/2024 2,000 Payment to whitehat for subgraph bug report. Etherscan
01/31/2024 825 Contract for ops work. Etherscan
01/31/2024 1,681 Reimbursement to contributors for covering various technology expenses in January. Etherscan
Total 2,000 41,106

Balances

USDC

Description Amount Notes
Beginning balance as of 1/1/24 30,820
USDC expenses (2,000) See Expenses.
Ending balance as of 1/31/24 28,820 Balance can be viewed on Safe.

Bean (excluding Security Fund)

Description Circulating Deposited Total Notes
Beginning balance as of 1/1/24 77,753 - 77,753
Bean expenses (41,106) (41,106) See Expenses.
Ending balance as of 1/31/24 36,647 - 36,647 Circulating balance can be viewed on Safe. Silo Deposits will not be visible but can be verified on-chain.

Security Fund

Description Amount Notes
Beginning balance as of 1/1/24 146,537
Security Fund expenses - See Expenses.
Ending balance as of 1/31/24 146,537 Balance can be viewed on Safe.

Beanstalk Farms Committee Members

Read more about the Beanstalk Farms Committee and BFCP proposals.

Name Proposal End of Term Monthly Pay in Beans
guy BFCP-C-3 June 2024 -
sweetredbeans BFCP-C-3 June 2024 -
mod323 BFCP-C-3 March 2024 -

Development Grants

Proposals are not required for transactions under 25,000 Beans per BIP-33.

Description Beans Proposal
Basin and Beanstalk UIs 10,000 n/a
Basin and Beanstalk UIs 20,000 n/a
Bots 2,000 n/a
Subgraphs 2,083 n/a
Basin UI 2,000 n/a
Total 36,083