Where do we Allocate May Rewards?

Mining + Secondary Sales for the month of May totaled: 8.33 ETH + 1.10 BTC --> Total earned was 1.84 and 0.74 was for hosting fees)

[COMMUNITY GROSS YIELD]

• Secondary sales = 8.33 ETH
• BTC Yield (BTC) = 1.84 BTC (Less hosting at .55 BTC) = 1.10 BTC

[USD CONVERSION]

• Eth @ current (6/6/22) USD amount $1,858 = $15,469
• Btc @ current (6/6/22) USD amount $31,288 = $34,419
• Total Net USD = $47,342

As a reminder (and similarly to last month), The downward price action of BTC and ETH have stalled us on the total dollar amount our rewards are worth. Specific reasons are:

1. Mining Difficulty: Mining difficulty is still high, but we have seen a bit of a down turn midway through May which is promising. (Chart attached)
2. BTC price: We all have been watching the BTC price take a major tumble over the last couple weeks. For context, last month when we voted, BTC price was above $45k (More than a 25% decrease in price).

For these reasons, our B and C options will have some major reserves built in as we feel there is quite a bit of merit in holding reserves so the community rewards wallet can benefit from the potential upwards action of the coins we hold. If we did elect, to go this route, the BTC and ETH would be held in our community rewards wallets and we would factor those reserves into all proposals moving forward.