I have terminated the following:
- Market making (though Hummingbot campaign still runs cause we committed to that already)
- Management (I no longer draw a salary so support is now just 3200 USD)
- Marketing & Partnerships (terminated)
I have paused:
- Research resources so that it’s now only 5k USD. There’s opportunity to restart it. This isn’t too bad since most of the hard research work is done.
- Community Managers
Right now to operate on a skeleton crew we need about
30k USD / month.
This will cover
- 3 developers to complete Spark
- 1 researcher to help advise on Spark stuff
- 2 general admin
- Infrastructure hosting
The reserve has been hit quite badly as mentioned it was used for market making and therefore portions of it were in BTC and FIRO. I’ll have to assess the damage but probably looking at 100k+ in reserves.