Reconciliation of invoices paid by the OpCo to Orb Collective (prepared by the OpCo)

[0xDanko]

@Xeonus

To clarify the last breakdown: OpCo and Orb would have a net negative USDC budget from the OTC amount that was reserved for year 2? That is a bit surprising to me. Can anybody clarify on that matter?

1,793,413 USDC comes from the original budget amount and doesn’t reflect OpCo’s and Orb’s savings (current budget being updated). For reference:

@Tristan345

Remaining payments in USDC due to OpCo and Orb for Year 1 will be halted, overriding [BIP-20] and [BIP-55] requests (954,471 + 305,725), for a total of 1,793,413 USDC. Uncompromised funds and savings can be dealt by the DAO when appropriate.

From the top of my head, I believe both entities would cost less than 250k/month now. So the OTC deal will not be fully drained in the remainer of Year 1, as we originally thought it would, due to the cuts that were made. There should be some surplus for Year 2 for the DAO to decide on.