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Beanstalk Farms October 2023 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:
Development grants for bots, subgraph and the Basin and Beanstalk UIs. Etherscan 17,000
Development grants for bots, subgraph, convert and the Basin and Beanstalk UIs. Etherscan 22,000
Reimbursement to contributors for covering various technology expenses in October. Etherscan 759
Total research and development expenses 39,759
General and administrative expenses:
Contract for ops work. Etherscan 705
Contract for ops work. Etherscan 625
Total general and administrative expenses 1,330
Audit expenses:
Payment to Cyfrin for the audit of Seed Gauge System per BFBP-C-10. Etherscan 60,000
Total audit expenses 60,000
Total October 2023 expenses - 101,089

Expenses by Date

BFM transaction history can be viewed on Safe.

Date USDC Beans Reason Transaction
10/16/2023 17,000 Development grants for bots, subgraph and the Basin and Beanstalk UIs. Etherscan
10/16/2023 60,000 Payment to Cyfrin for the audit of Seed Gauge System per BFBP-C-10. Etherscan
10/16/2023 705 Contract for ops work. Etherscan
11/01/2023 22,000 Development grants for bots, subgraph, convert and the Basin and Beanstalk UIs. Etherscan
11/01/2023 625 Contract for ops work. Etherscan
11/01/2023 759 Reimbursement to contributors for covering various technology expenses in October. Etherscan
Total - 101,089

Balances

USDC

Description Amount Notes
Beginning balance as of 10/1/23 30,820
USDC expenses - See Expenses.
Ending balance as of 11/1/23 30,820 Balance can be viewed on Safe.

Bean (excluding Audit Fund)

Description Circulating Deposited Total Notes
Beginning balance as of 10/1/23 236,870 - 236,870
Bean expenses (41,089) (41,089) See Expenses.
Ending balance as of 11/1/23 195,781 - 195,781 Circulating balance can be viewed on Safe. Silo Deposits will not be visible but can be verified on-chain.

Audit Fund

Description Amount Notes
Beginning balance as of 10/1/23 206,537
Audit Fund expenses (60,000) See Expenses.
Ending balance as of 11/1/23 146,537 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 Department Monthly Pay in Beans Hours per Week
guy BFCP-C-3 June 2024 Advisor - n/a
sweetredbeans BFCP-C-3 June 2024 Advisor - n/a
mod323 BFCP-C-3 March 2024 Advisor - n/a

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 2,000 n/a
Unripe to Ripe Converts 5,000 n/a
Total 39,000