The IOTA’s Tangle Community Treasury has disclosed some of its strategic operations in the third quarter of the year. 
According to the report, the team is currently focusing on two or four solid Tier II proposals. 
Tangle Community Treasury is one of the fastest-rising projects of IOTA. Its Shimmer token (SMR) is reported to be trading at a lower price. As of the time of writing, the total treasury was around $824,043 USDT at the current price. According to the Tangle Community Treasury, there is an estimated 99,126 USDT in running costs to cover operations after a financial projection. Operations can be covered by the end of 2024. For now, there are outstanding payouts for grant receivers.
Further, we have outstanding payouts for approved grant receivers of $322,855. To date, we have approved a total of $517,017 and paid out $194,162. We have also earmarked $300,000 to support liquidity pools when Shimmer EVM has a proper bridge.
This implies that 100,000 USDT is left for grant f

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