Summary

This proposal covers accrued expenses for July as well as a proposed budget for August.

Expense Categories

• Contributor payments: payments to staff and contributor teams including staff, product, marketing, editorial, treasury, membership, and governance.

• Admin expenses: Admin expenses such as payments for Notion, Zapier, Airtable, Zoom, and Gmail.

• Events: Events such as FWB coffee time, FWB health time, food with beverage, Seed Club event, FWB radio time, FWB stonks.

July Actual Expenses

Overall Expenses

Category	FWB	USDC	Total USD
Contributor Payments	2,923	37,450	$76,383
Admin Expenses	0	253	$253
Events	400	48,182	$53,510
Total	3,323	85,885	$130,146

Contributor Payments

Category	FWB	USDC	Total USD
Staff	0	7,500	$7,500
Product	1,522	23,750	$44,022
Marketing	50	1,250	$1,916
Editorial	200	2,500	$5,164
Treasury	50	1,200	$1,866
Membership	951	1,250	$13,917
Governance	150	0	$1,998
Total	2,923	37,450	$76,383

Note that most of the event expenses are from FWB’s Paris events. These have been paid already.

August Proposed Budget

Overall Budget

Category	FWB	USDC	Total USD
Contributor Payments	1,450	30,700	$50,014
Admin Expenses	0	253	$253
Events	400	0	$5,328
Total	1,850	30,953	$55,595

Contributor Budget

Category	FWB	USDC	Total USD
Staff	0	7,500	$7,500
Product	300	17,000	$20,996
Marketing	50	1,250	$1,916
Editorial	750	2,500	$12,490
Treasury	50	1,200	$1,866
Membership	150	1,250	$3,248
Governance	150	0	$1,998
Total	1,450	30,700	$50,014

Prepared by Llama

This budget is prepared by Llama, who works on treasury management for DAOs. We are active FWB members ourselves and work in close collaboration with other community members to draft this budget.

Conclusion

July’s actual expenses add up to 3,323 FWB and 85,885 USDC. According to FWB's price as of July 28, this is $130,146. Note that expenses from FWB’s events in Paris have been paid for already.

August’s proposed budget adds up to 1,850 FWB and 30,953 USDC. According to FWB's price as of July 28, this is $55,595.

Vote

Yes - Distribute July actual expenses and approve August budget No - Do not distribute July actual expenses and do not approve August budget