Lotus/Lily Founder, Bunjil, Clarifies Points re: Treasury Funds

Amidst questions being raised over an alleged 2 million dollar treasury, Lotus Gang and Lily Founder Bunjil has taken to Twitter in an effort to clarify some details.

Key points as follows:

Lily:
- Total mint raise approx. $400K
- Royalties earned approx. $64K
- Royalties were optional at time of launch and an estimated 94% of trades involved no royalties being paid
- Total $464K

Lotus Gang:
- 2100 SOL net mint raise. Stabled at $80/SOL for around $168K
- Lifetime funds for Lotus around $300K

Expenditures:
- $100K per year salary to Bunjil
- $450K to team/staff

Decision was made by Bunjil that none of his ideas would generate revenue in a way that would outperform keeping funds in a Validator which is the route currently being taken.