Giveth Team Compensation and Expenses - June 2025

Giveth Team Compensation and Expenses - June 2025

Details

Contributor compensation and expenses for June 2025 were paid partly from the Giveth Treasury and partly covered out-of-pocket by Griff in stable tokens. This post serves to document and acknowledge those payments.

Note that there were no GIV tokens are being requested to reimburse Griff.

Breakdown of Payments:

  • From Giveth Treasury: $23,559.92
  • Covered by Griff: $13,413.36
    Total: $36,973.28

Internal charges between Giveth and General Magic (GM) are not included in the figures above and will be discussed in detail below.

Team Information

Name Hours
Algene 5.50
Ali 92.98
Alireza 125.40
Almond 81.00
Amanda 2.37
Amin 17.25
Anamarija 19.50
Anna 7.60
Ashley 60.52
Carlos 52.00
Cherik 80.00**
Cotabe 8.62
Freshelle 35.00
Giantkin 30.00
Griff 19.00
Jake 80.50
Kay 44.00
Kkechy 107.43
Kristina 31.10
Lauren 35.85
Marko 3.00
Maryjaf 120.00
Meriem 16.28
Mitch 134.42
Pedro 53.00
Shyne 7.80
William 4.75
Yegor 47.95

**contributors who has claimed their PTO hrs

Spending Details

Total Compensation for the month 43,993.61
Less: Cost of Giveth in GM 4,909.78
Giveth Compensation Cost 39,083.84
Add: Expenses 4,402.10
Total Cost for the month 43,485.93

General Magic <> Giveth Accounting

Summary

Description Amount
GM contributors working in Giveth $11,240.47
Less: Giveth contributors working in GM $4,909.78
Net amount Giveth to pay GM $6,330.69

No mark-up was applied for GM contributors working in Giveth. The amounts charged are all at cost.

General Magic Credit Balance

As previously mentioned in this post, below is the updated credit balance of GM as of June:

Description Amount
Credit Balance as of 31 May 2025 $24,346.75
Less: Giveth payment to GM - Jun 2025 $6,330.69
Less: Giveth Salaries covered by GM - Jun 2025 $2,000.00
Add: Subscriptions share - Jun 2025 $693.57
Add: ETHCC Accom share GM - Jun 2025 $337.53
Credit Balance as of 31 June 2025 $17,047.16

Compensation Breakdown

This month, contributors had the option to receive compensation partially in stable tokens and in GIV. Here’s the breakdown of the totals (adjusted amounts):

  • Stable Compensation - $33,945.75
  • GIV Compensation - $5,138.08/ 2,232,871.38 GIV
  • GIV Price at time of distribution - $0.00230111
  • GIV Price via Coingecko Jul 23, 2025, 15:23:39 GMT+8

GIV Equity Distribution

Following the recently approved equity distribution plan, we distributed $2,556.91 worth of GIV tokens as equity to the contributors who opted to partially receive their monthly compensation in $GIV tokens.

Month June 2025
Equity distribution in USD $2,556.91
GIV Price at time of distribution $0.00230111
GIV Price via Coingecko Jul 23, 2025, 15:23:39 GMT+8
Total GIV sent for Distribution 1,111,162.00
Transaction Link link here

Working Group Cost Breakdown

WG Cost for the Month in USD
DApp WG 22,199.94
DAO Ops WG 1,981.82
Quadratic Funding (QF) WG 3,059.30
GIVeconomy WG 4,311.94
Fundraising WG 6,791.77
rescue.money 86.67
Giveth Business Development 378.987
QACC 273.42
Total Giveth Compensation Cost 39,083.84

*Note: There is a $0.24 difference in Clockify vs. actual amount paid due to rounding off differences.

Here’s a month-by-month breakdown of expenses for 2025

Summary report links:

  • Breakdown of costs per WG can be found here.
  • Breakdown of WG hours per contributor and description can be found here.

Expenses

This batch of payments includes some expenses incurred during the month. These are the details:

  • Clockify (shared subscription with GM - DAO Ops WG) - 134.46 USD
  • Copilot Github (shared subscription with GM - DApp WG) - 47.50 USD
  • ETHCC 2025 Expenses (Fundraising WG) - 1,551.31 USD
  • Giveth Credit Card Top Up (DApp WG) - 2,668.83 USD