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content/credit-reports/2018-Q2.md
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@ -4,25 +4,25 @@ sheet: https://docs.google.com/spreadsheets/d/1aRmrjTNfiKQwzW5WB_tcVJzHR-UXrCz6v
category: policy
---
## Summary
This quarter we moved no credits from cold storage. We spent 682,027 total community credits on line items detailed below. No operational credits were moved to markets. No institutional credits were moved or spent.
This quarter we moved no credits from cold storage. We spent 738,027 total community credits on line items detailed below. No operational credits were moved to markets. No institutional credits were moved or spent.
We anticipate comparable or larger total outlays in Q3 2018. Operational spending may increase, but not significantly, and community spending is likely to be higher. We will continue to incentivize new users and other beneficial behavior, which is likely to involve 300,000 to 1,500,000+ LBC. LBRY is also likely to form it’s first institutional partnership, with spending anticipated to be around 500,000 LBC.
## Overview By Fund
### Community Fund
682,027 credits were spent from the community fund, in the following areas:
738,027 credits were spent from the community fund, in the following areas:
| Category | Amount |
|---|---|
| Bounties | 48,606 |
| User Engagement | 275,000 |
| Community Management | 35,810 |
| Technical Contributions | 128,880 |
| Technical Contributions | 148,880 |
| New Publishers | 108,495 |
| Acquisition | 85,133 |
| Testing | 103 |
| Testing | 3103 |
| LBRY.fund | 33,333 |
### Operational Fund