Ethereum

the "india covid relief fund" is the 5th largest onchain treasury in crypto with $212.62m of stables/ETH/BTC according to @defillama 

watdahek? 

why are they sitting on so much money still?
isnt covid over? 
https://defillama.com/protocol/india-covid-relief-fund?treasury=true#treasury

They have a running set of air table db entries of different expenses/assets:

https://cryptorelief.in/transparency

Definitely still actively funding things and incurring costs. Mostly looks like research grants form a quick once over. Covid relevancy seems up to internal team.

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com

they should at least park it in DAI and earn 10%+ of yield on it instead of hodling $200m of vanilla USDC 

they are missing out on $20m a year

Probably better to be sat on than spent unwisely

Still

Watdahek

lmao i totally forgot about that. apparently they only needed a certain amount to cure covid in india. rest goes to the hardworking marketing team!