Monero General Fund transparency report - February 2025
[Cross-posted from Reddit]
Note that it is a preliminary post on reddit only. I will give it few days for any discussion to take place and see if anything needs further clarification. After that we can make a blog post on getmonero.org.
Current General Fund usage policy
I have expressed the general spending policy several years ago and it has not changed. See previous report: https://old.reddittorjg6rue252oqsxryoxengawnmo46qy4kyii5wtqnwfj4ooad.onion/r/Monero/comments/11fslu9/monero_general_fund_transparency_report_march_2023/
In short:
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The GF is used to cover costs of basic infrastructure useful for the Monero project. (domain, hosting, CDN…).
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It is used to cover part of some CCS proposals deemed “fundamental” to the project. When I donate to these CCS proposals I always mention it immediately, so at any point in time you can get an up-to-date overview by looking at my comments on this page: https://repo.getmonero.org/binaryFate
If that general spend policy was to change (say, an important payment appears necessary and does not fall under the two categories above), I would inform the community immediately without waiting for the next report.
Reminder on Core Team funding
Just like the rest of the core team, I am not and I have never been paid for any of my contributions. I am just a passionate volunteer.
Current setup
Until late 2023 we had the following wallets (see also my previous report).
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GF: The known address for donations, this wallet has existed for many years now. Me and Fluffypony have access to it, plus possibly some other core team members.
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GF2: A new wallet I created when Fluffypony had issues in the US, to contain bulk of the funds.
End of 2023 following the hack of the CCS wallet (even though the incident had nothing to do with me) I decided to revamp my personal opsec and setup. I deprecated the wallet GF2 (now empty), and moved all funds to a new wallet I call “GF-Vault”.
Amounts of XMR as of February 6th, 2025
Drum rolls.
Currently 162.980239254745 in GF and 15,584.2318619398 in GF-Vault. (GF2 empty).
Total 15,747.212101194545 XMR.
The Bitcoin donation address contains 0.21869208 BTC.
All transactions in a readable spreadsheet
I have exported all transactions from the 3 wallets and annotated every spending made since the last report. The format is ODS. Please note there are several tabs in the file! :) Find it here: https://downloads.getmonero.org/GF_report_February_2025.ods
Notes
There are small “debts” outstanding to me, so a heads-up:
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I never refunded myself for the payment I made of the last 2 years of SSL certificate for getmonero.org. Total cost = 140$.
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There are recurring payments for some secondary servers (like matrix, repo…) that are charged to me personally in fiat, and I am supposed to recover costs from corresponding sponsors. If these sponsors fall through, I will eventually refund myself from the GF.
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I will give an explicit notification to the community if/when I execute these transfers, as I am mindful any payment from the GF to me personally is extra sensitive and I want to be vocal about them.
Technical info
Note the Monero General Fund donation address remains 888tNkZrPN6JsEgekjMnABU4TBzc2Dt29EPAvkRxbANsAnjyPbb3iQ1YBRk1UXcdRsiKc9dhwMVgN5S9cQUiyoogDavup3H.
The info below is to verify all wallets activity and outstanding balances.
GF
Base address: 44AFFq5kSiGBoZ4NMDwYtN18obc8AemS33DBLWs3H7otXft3XjrpDtQGv7SqSsaBYBb98uNbr2VBBEt7f2wfn3RVGQBEP3A
View key secret: f359631075708155cc3d92a32b75a7d02a5dcf27756707b47a2b31b21c389501
Key images: https://downloads.getmonero.org/key_images_GF_until_20250206
GF2
Base address: 47Q7HtVaKZKKfxEwK1qJgDdutgxYu892b1qu34Yy1Fow5m1hPQCpQNx6cBTc6tgJDvdggtHqssfybH5AJSaud7t3DffrAXw
View key secret: 5c58e403ec2076594f4791b0322ad4b8720ad6bedfafee03aa3ff97f7b1a540f
Key images: https://downloads.getmonero.org/key_images_GF2_until_20250206
GF-Vault
Base address: 48UUYsQX9fXf34zW5MurZs8SiAZi3nhUZL3d24xSoxniJaDeLSFUrJv7uaPQ8TfRxR8BDHJV7qKxr4bDqKmgGk5KKjXfUA8
View key secret: c19710062c7ca4f3bda9039d323c99b387cd1684ee0ca5fe7bd744a70688c500
Key images: https://downloads.getmonero.org/key_images_GF-Vault_until_20250206
The Bitcoin address is: 1KTexdemPdxSBcG55heUuTjDRYqbC5ZL8H, you do not need a view key to track it or verify its balance ;)