# \[Funding Council Notice\] Sold INDEX for ETH for gas

**URL:** <https://gov.indexcoop.com/t/funding-council-notice-sold-index-for-eth-for-gas/2932>\
**Category:** Operational Funding & Payroll\
**Created:** [12 October 2021 17:46 UTC](https://gov.indexcoop.com/t/funding-council-notice-sold-index-for-eth-for-gas/2932 "2021-10-12T17:46:51Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![anon10525910](https://avatars.discourse-cdn.com/v4/letter/a/97f17d/32.png) [@anon10525910](https://gov.indexcoop.com/u/anon10525910)\
**Post date:** [12 October 2021 17:46 UTC](https://gov.indexcoop.com/t/funding-council-notice-sold-index-for-eth-for-gas/2932/1 "2021-10-12T17:46:51Z")

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The Funding Council has sold 350 INDEX for ETH in order to cover gas costs, especially so that we can execute transactions to distribute this months’ contributor rewards & methodologist payouts.

Transaction: [Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0x241c4f0e573ad0b071afd5a6e521de0f901ed7f1a40c24b6852bd95e36c68934)