TechOps CU: November 2022 Budget Statement
1. Actuals -- November 2022
Budget Category
forecast
estimate
actual
owed
difference
paid
Compensation & Benefits
80,074.20
80,074.20
80,074.20
80,074.20
0.00
-
Gas Expense
100.00
100.00
0.00
0.00
100.00
-
Admin Expense
350.00
350.00
322.82
322.82
27.18
-
Professional Services
5,000.00
5,000.00
7,594.51
7,594.51
- 2,594.51
-
Software Development Expense
20,000.00
20,000.00
18,618.80
18,618.80
1,381.20
-
Software Expense
3,000.00
3,000.00
3,942.16
3,942.16
- 942.16
-
Travel & Entertainment
5,000.00
5,000.00
0.00
0.00
5,000.00
-
payment topup
0.00
0.00
0.00
0.00
0.00
-
Total
113,524.20
113,524.20
110,552.49
110,552.49
2,971.71
115,609.79
2. Budget Forecast -- November 2022
December 2022
January 2023
February 2023
3 months
Qly Budget Cap
Monthly Budget Cap
Annual Budget Cap + Buffer
115,524.20
110,524.20
110,524.20
336,572.60
621,600.00
207,200.00
2,486,400.00
Forecast
December 2022
January 2023
February 2023
3-months Total
Qly Budget Cap
Compensation
80,074.20
80,074.20
80,074.20
240,222.60
218,000.00
Software Development Expense
20,000.00
20,000.00
20,000.00
60,000.00
171,000.00
Software Expense
3,000.00
3,000.00
3,000.00
9,000.00
13,500.00
Profesional Services
7,000.00
7,000.00
7,000.00
21,000.00
20,000.00
Gas Fees
100.00
100.00
100.00
300.00
-
Admin Expense
350.00
350.00
350.00
1,050.00
-
Travel and entertainment
5,000.00
0.00
0.00
5,000.00
15,750.00
Total
115,524.20
110,524.20
110,524.20
336,572.60
453,250.00
This overview is based on MIP40c3-SP54, TechOps' MKR Incentive Proposal - https://forum.makerdao.com/t/mip40c3-sp54-techops-core-unit-mkr-budget
Vesting Date
Original
Current
Change
Reason(s)
December 8, 2022
257.31 MKR
257.31 MKR
0 MKR
-
March 31, 2023
0.00 MKR
67.96 MKR
0 MKR
-
June 8, 2023
128.65 MKR
128.65 MKR
0 MKR
-
September 30, 2023
0.00MKR
33.98 MKR
0 MKR
-
December 8, 2023
128.65 MKR
128.65 MKR
0 MKR
-
March 31, 2024
0.00 MKR
33.98 MKR
0 MKR
-
June 8, 2024
128.65 MKR
128.65 MKR
0 MKR
-
September 30, 2024
0.00 MKR
33.98 MKR
0 MKR
-
December 8, 2024
128.65 MKR
128.65 MKR
0 MKR
-
March 31, 2025
0.00 MKR
33.98 MKR
0 MKR
-
Total
771.91 MKR
975.79 MKR
0.00 MKR
The Change column indicates any changes in the MKR vesting amounts compared to last month, with the Reason(s) column indicating why the amounts changed. Reasons may include:FTE changes, Promotions, or Terminations.
TechOps didn't reprice MKR and is using original MKR prices - so we are using same MKR pricing as it was initially in our MIP.
Team members
Headcount
FTE (Full-Time Equivalent)
Facilitator/DevOps Engineer
2
0.8
DevOps Engineer
3
0.8
DevOps Engineer
2
0.5
Operations Consultant
1
0.2
PM
1
0.5
Total
9
5.7
DAI Transfers -- November 2022