# August Rewards Distribution

**URL:** https://gov.indexcoop.com/t/august-rewards-distribution/2655
**Category:** Operational Funding & Payroll
**Tags:** contributor-rewards
**Created:** [13 September 2021 23:17 UTC](https://gov.indexcoop.com/t/august-rewards-distribution/2655 "2021-09-13T23:17:53Z")
**Posts on this page:** 2
**Page:** 1

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### Author: ![Hammad1412](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.indexcoop.com/hammad1412/32/1188_2.png) [@Hammad1412](https://gov.indexcoop.com/u/Hammad1412)
#### Post date: [13 September 2021 23:17 UTC](https://gov.indexcoop.com/t/august-rewards-distribution/2655/1 "2021-09-13T23:17:53Z")

</div>

# August Rewards Distribution

## Methodology

The index Contributor Rewards Methodology can be found [here.](https://gov.indexcoop.com/t/october-rewards-distribution-methodology/262)

## August Distribution

The August rewards distribution has been posted [here.](https://docs.google.com/spreadsheets/d/1ZacQFr0lc-mbjCZv54MCttRCcaSzzH_SeK_ZlealiNA/edit#gid=457128231)

## INDEX Valuation

INDEX rewards are first estimated in USD, and then converted to its equivalent INDEX quantity.  
The 20 day rolling average value of INDEX is used to calculate INDEX distribution quantity.  
The 20 day rolling average as of September 2nd is calculated as **$37.89 per INDEX**.

## Disputing Rewards

If you feel like there are contributions that we’ve missed, or you feel like there should be adjustments to the rewards amounts, [please fill this form out](https://forms.gle/pk5kfyn9UfMnXoqcA).

## Claiming Rewards

This month’s reward distribution was completed via [Index Coop Safe Payroll](https://github.com/0xModene/safe-payroll). This is a fork of the native gnosis multisig transaction bundler. We are continuing to iterate on the treasury distribution to improve speed & security of execution.

Here are the rewards transactions:  
[August Rewards Transactions](https://etherscan.io/tx/0xdb8d05df5280fd56fdb4b8c00ca40523781e117c4dea40c919aa5df76acaca59)

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<div class="post-metadata">

### Author: ![anon10525910](https://avatars.discourse-cdn.com/v4/letter/a/97f17d/32.png) [@anon10525910](https://gov.indexcoop.com/u/anon10525910)
#### Post date: [14 September 2021 14:57 UTC](https://gov.indexcoop.com/t/august-rewards-distribution/2655/2 "2021-09-14T14:57:04Z")

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Same as [July](https://gov.indexcoop.com/t/july-rewards-distribution/2296/3), pulling out of the distribution spreadsheet for added context 👇

 ![Screen Shot 2021-09-14 at 9.55.53 AM](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/5/56933283166cca293996ee2f6c0f0565d837b731.png)

Funding Council Wallet - [Etherscan](https://etherscan.io/address/0xe2250424378b6a6dC912f5714cfd308a8D593986)