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Ergo Foundation Treasury#

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Initial Allocation#

Initial Allocation & EFYT

This page covers the structure of the transactions section of an Ergo block. For more general information on transactions, see this page.

The Ergo Foundation initially received an allocation of 4,330,776 ERG, which is equivalent to 4.43% of the total supply.

A significant portion of this Treasury has been expended for the benefit of the Ergo protocol and community. Even during periods of low ERG price, the Foundation continued to invest in order to foster and grow the Ergo ecosystem.

EFYT

Additionally, the Treasury exchanged 1,782,615 ERG for EFYT, a token issued on the Waves Platform in 2017 to build an early community through airdrops and raise funds before the Ergo mainnet launch.

After subtracting the 1,782,615 ERG exchanged for EFYT, the Ergo Foundation was left with 2,548,161 ERG, which is approximately 2.6% of the total supply.

For more information on Ergo's emission schedule, tokenomics and allocation, visit the emission section.

Holdings#

As of January 2025, the complete treasury of the foundation is as follows:

Asset Indicator Amount Indicative US$ Price Indicative Total US$ Value
Liquid Assets in Self-Hosted Wallets
ERG 156,160 1.7 265,475
BTC 2.230499 108,059 241,025
Subtotal - Liquid Assets $506,500
Illiquid Assets in Self-Hosted Wallets
Gluon 335,000 1.00 335,000.00
SPF 26,600,000 0.01292 277,970
RSN 30,000,000 0.06639 2,805,900
Subtotal - Illiquid Assets $3,418,870
Assets in MM Accounts (Illiquid)
ERG 58,715 1.7 99,815.5
USDT 35,746 1.00 35,746
Subtotal - Assets in MM Accounts $135,561
Total Liquid Assets $506,500
Total Illiquid Assets $3,554,431
Total Assets $4,060,931
Liquid vs Illiquid Funds

The Ergo Foundation's treasury consists of both liquid and illiquid assets, providing a diverse portfolio to support the growth and development of the Ergo ecosystem. The liquid assets, such as ERG and BTC, can be readily utilized for various purposes, while the illiquid assets, like Gluon, SPF, and RSN tokens, are held strategically to avoid exerting downward pressure on these early-stage projects.

As these projects mature and their tokens become more liquid, the Ergo Foundation will have the opportunity to leverage these assets to further augment its expenditure capabilities and support the Ergo ecosystem more effectively.

Wallets#

You can find the Ergo Foundation treasury and current balance on-chain at the following locations:

Salaries#

Several receive monthly salaries or rewards for their contributions to the Ergo ecosystem. The vast majority were promoted from within the community after exceptional contributions, demonstrating the Foundation's commitment to recognizing and rewarding talent within the Ergo community.

An average breakdown of how people in Ergo are awarded.

pie title 2023 Salary Averages "EF" : 14.8 "Advisory" : 7.5 "Marketing" : 14 "Development" : 63
Roles

More information on each of these roles can be seen on this page.

Historic Spending#

The Ergo Foundation has spent the majority of the Treasury for the benefit of the protocol and community. Funds were even spent when the ERG price was low, as it was necessary to bootstrap the thriving community Ergo now boasts.

Spent ERG SPF BTC TOTAL VALUE
2024 209,646 1,627,500 1.95 TBC
2023 424,150 1,622,000 - $589,777
2022 723,000 - - $2,247,640
2021 889,001 - - $3,793,485
2020 1,080,000 - - $500,292
2019 757,051 - - $590,239
Total 4,082,848 3,249,500 1.95 $7,721,433

In addition to the direct ERG spending above in 2023,

  • 972,000 SPF was liquidated for 43,020 ERG
  • 650,000 SPF was paid as compensation ($21,000)
  • 160,000 SPF was donated to the Sigmanauts Treasury
  • Totaling 1,622,000 SPF
The Ergo Foundations Future

Please see this page for more information on the long-term goals of The Foundation.