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Update tdc-nov-2025-report.md
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November was a harsher month for the Collective, closing its books in the red with a shortfall of - $16 863.79. This represents a drop of revenues of about 35% month-on-month, which reverted to baseline after September’s spike following the SYND launch.
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November was a harsher month for the Collective, closing its books in the red with a shortfall of - $16 863.79. This represents a drop of revenues of about 35% month-on-month.
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Expenses and other revenues remained steady, and there were no major strategic adjustments to treasury composition. The focus remained firmly on sustainability and supporting our ecosystem partners.
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We couldn’t back up last month’s surplus, but the goal remains unchanged. Surplus sustainability is our north star, and the team remains focused on achieving and maintaining it over the coming months.
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— TokenBrice, on behalf of the treasury and liquidity management team of the DeFi Collective: Luude and myself.
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— TokenBrice, on behalf of the treasury and liquidity management team of the DeFi Collective: Luude and myself.

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