BitShares Foundation returned excess funds from Worker Proposals to the Blockchains Reserve
Suggested Duration: 2 minutes
The BitShares Foundation returned another 100,000 excess BTS to the BitShares reserve fund/working budget. This brings the total excess funds that were returned by the Foundation to 400,000 BTS.
These excess funds are a result of surplus BTS that are escrowed for different worker proposals handled by the Foundation but which are not needed to pay the workers of each proposal.
"The operation with id 1.11.138993484 has another batch of 100,000 BTS being reserved (e.g. given back to the working budget/reserves). As of today, 382,339.68910 BTS are yet to be reserved. Our current strategy is to reserve those funds in medium-sized chunks to avoid falsifying weekly statistics."