Hello community,
This is a follow up request for the second allocation of funds from Polkadot Safari 2023 which took place in March and April.
Excuse the delay for updating this description, I was waiting for my signatories to approve my request for KSM for the decision deposit.
Our previous request was erroneous (my mistake and I take full accountability).
TL DR
When we converted the Kusama received, it was worth $234.127.97, at the time of receipt of the funds, KSM had dropped. Our original total ask between the first and second allocation was $289,313. Due to the depreciation of the Kenya Shilling to the dollar in February, March and April, the funds went a much longer way in covering the costs for the conference. Additionally, a few contributors worked a few hours and we substituted them with new contributors from February. Both of these factors rendered our new difference to decrease from $55,186 to $24,400.
I did not factor that in when I was submitting the referenda two weeks ago.
Please find our report and request for funds here. The $24,400 is what's left to pay off the organizer's. We had specifically ensured that we paid off all of the conference expenses before fully paying off ourselves.
Thank you for understanding, and may the sky be your basement.
Sianoi