Hi Weeze, thanks for your message. I can provide some clarity on this. Based upon the above numbers I can summarize below where the ~ 11% of total supply has been spent as I am finalizing the close of the November financial statements.
Spending
- Strategic Raise - assuming a token price of $24.26 ([Discussion] Index Coop OTC Sale Next Steps) $10m equates to 412,201 INDEX or ~ 4.12% of supply
- Contributor rewards - to date we have issued 130,036 INDEX or ~ 1.30% of supply
- Full timer vesting contracts ~ 0.8% of supply
- Additional LM programs ~ 3.5% of supply
- Various other spending ~ 1.28% of supply
This gets you roughly back to the 11% spent.