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CryptoLions Financial Disclosure - November

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About this disclosure

CryptoLions are dedicated to upholding our promises of transparency within the EOS mainnet and to helping to strengthen the trust bond between the Block Producers and the EOS Community as stated in our Policy Positions and Code of Conduct.

Income

In November, we received a total of 7356.9500 EOS, all from vote rewards. Sadly, this was our lowest-earning month yet.

As of November 30, we have received a total of 59536.2824 EOS. Of that amount, 7356.1193 EOS came from block rewards, and 52180.1631 EOS from vote rewards.

Of all the tokens received in November, CryptoLions sent 1% (EOS 73.5695) into our future Burn Account, as we've done every month so far.

To cover our operating costs we did not earmark 10% for a performance bond.

Expenses

Category Aug 2018 Sept 2018 Oct 2018 Nov 2018
General Administrative 4668.5 3788.6 2136.36 1753
IT & Web 3648.86 5074.78 10374.95 5409.51
Legal 0 32175 0 6284.69
Media and Outreach 782.37 1340.74 1752 0
Projects 7072 12618.2 17720 3903.14
Salaries 23879.17 25500 24857 12812.8
Sponsorships 112.04 0 597.42 530
Travel 2007.25 5327.66 1165.55 2270.84
Total 42,170.19**|**42,170.19**|**85,824.98 58,603.27**|**58,603.27**|**32,963.98

Projects

We regard the production of blocks and the associated communication and legal work as our primary duty. As an additional service to the EOS community, we build projects which we believe make the EOS ecosystem better, and the EOS token more valuable.

Our lowest-ever income, combined with lowest-ever token prices, forced us to put our Deru Truth Bond project on hold.

Projects October 2018
Monitor 2,004.77
Misc 1,898.37
Total $3,903.14

Concluding Statement

There are no costs that are not reflected in the tables above. This is everything. We will continue to disclose our financials and support a culture of transparency and accountability.

🦁🦁🦁

CryptoLions is an EOS Block Producer based in Ukraine. We strive to make EOS more valuable by building projects that improve the ecosystem, by setting the standard for transparency and accountability, and by popularizing EOS all over the world.

website: http://cryptolions.io/
github: https://github.com/CryptoLions
telegram: https://t.me/CryptoLions_io
steemit: https://steemit.com/@cryptolions
twitter: https://twitter.com/EOS_CryptoLions
medium: https://medium.com/@cryptolions/
youtube: https://www.youtube.com/channel/UCB7F-KO0mmZ1yVBCq0_1gtA

Russian/Ukrainian:
steemit: https://steemit.com/@cryptolions-ua
youtube: https://www.youtube.com/channel/UCnVu47FZ09XX9EvrqqgS6uQ
twitter: @EOSnews_ru

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