# Community Ownership & Compensation | V2 Proposal

**URL:** https://gov.indexcoop.com/t/community-ownership-compensation-v2-proposal/3361
**Category:** Change
**Created:** [8 December 2021 11:06 UTC](https://gov.indexcoop.com/t/community-ownership-compensation-v2-proposal/3361 "2021-12-08T11:06:08Z")
**Posts on this page:** 1
**Showing post:** 7

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### Author: ![ElliottWatts](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.indexcoop.com/elliottwatts/32/878_2.png) [@ElliottWatts](https://gov.indexcoop.com/u/ElliottWatts)
#### Post date: [9 December 2021 10:37 UTC](https://gov.indexcoop.com/t/community-ownership-compensation-v2-proposal/3361/7 "2021-12-09T10:37:50Z")

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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](https://gov.indexcoop.com/t/discussion-index-coop-otc-sale-next-steps/2484)) $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.

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_[View the full topic](https://gov.indexcoop.com/t/community-ownership-compensation-v2-proposal/3361)._