Funding isn't that high, they launched a funding drive in October:
Before the Reddit migration, our income was almost exclusively made up of generous donations from the NLnet foundation. This funding was based on getting paid for implementing new features, specified in advance.
We’ve known that this funding could not last indefinitely, and that after several years of funding, NLnet’s resources are better spent getting other projects up and running. Additionally, much of our time is spent on other equally important work: reviewing changes from community contributors, fixing bugs, doing support, and various organizational tasks.
That is why we are launching our first annual funding drive. The goal is to increase monthly, recurring donations from currently €4.000 to at least €12.000. With this amount @dessalines and @nutomic can each receive a yearly salary of €50.000 which is in line with median developer salaries. It will also allow one additional developer to work fulltime on Lemmy and speed up development.
To me it feels like a big drop in activity on Lemmy over the past 6 months? So the weekly and monthly post are being forgotten and some are letting standards slip.
Number of active users is more or less stable, but it definitely feels like some people left (at least temporarily) indeed.
Blaze @ Blaze @reddthat.com Posts 70Comments 863Joined 2 yr. ago
Thank you for the fast update, the crossposting bug was quite annoying!