> For the complete documentation index, see [llms.txt](https://block-hebe.gitbook.io/hebeblock/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://block-hebe.gitbook.io/hebeblock/annual-report/2023.md). # 2023 Please refer to the details for the year 2022 - Starting from 2023, the financial situation is as follows:\ Team Funds: 160,000 U, with monthly expenses of 6,800 U, sufficient for stable and continuous development over the next 2 years. \ Team HEBE: 4,436,261.15 HEBE\ HEBE Buyback: 4,593,903.637 HEBE As of the year 2023:\ 1.Team HEBE: 12,581,174.073 HEBE (Not claimed for December, should be 13,431,174.073 HEBE)\ 2.HEBE Buyback: 7,301,565.26 HEBE (Total accumulated buyback in one year: 2,707,661.623 HEBE)\ 3.Team Funds: 100,000 U, with monthly expenses of 6,800 U (Received a grant of $50,000 from ETCGrantsDao this year) Detailed Expenses and Income: 1. Team Salary Expenses: 6,800 U \* 12 = 81,600 U 2. Income from ETCGrantsDao: $50,000 3. Purchased 1 million HEBE using the grant 4. LP Reward Expenses: 2,000,000 HEBE 5. Expenses for resolving the multi-chain bridge USDT issue: 1,000,000 HEBE (Due to the unavailability of the multi-chain bridge, we sold HEBE and repurchased USDT from the market) 6. Team HEBE Incentives: 1,800,000 HEBE This year, we completed the plans set for 2022: 1. Community multi-signature management of HEBE non-circulating tokens - 2. Release of the new wallet, HebeCore. Plans for 2024: 1. Complete the third phase of HEBE buyback: 8 million HEBE (Current: 7,301,565.26 HEBE) 2. Start the fourth phase by adding corresponding ETC LP for 8 million HEBE. 3. Invest in incubating CUSDT (5 million HEBE). CUSDT is a stablecoin collateralized by ETC." Please note that the provided translation is based on the given text and some parts may require further clarification or adjustment for better accuracy.