The Rust funding team provides a progress update on the Maintainer in Residence (MiR) program, established to offer stable financial support to Rust project maintainers. Key highlights include $350K raised so far, 45 individuals expressing interest in funding across various Rust teams, and a survey showing 35% of active contributors receive no compensation despite averaging 40 hours/month of work. The team has settled on flat-rate monthly compensation ($1K–$10K depending on activity level), year-long contracts with renewal expectations, and a priority framework for selecting which teams to fund first. The short-list of priority teams includes rustup, rustfmt, clippy, rustdoc, libs, cargo, and mods. An announcement of the first MiR selections is expected by end of August.
