Zcash Member Proposes Ending Development Fund Before 2028 Expiration
Photo: TokenPost
A Zcash (ZEC) community member using the handle joshs has proposed ending the network’s development fund before its scheduled November 2028 expiration, as the two funding pools together have risen above $300 million. The existing arrangement earmarks 20% of each block reward for development. Coinholders use quarterly votes to direct 12% toward retroactive grants, while a five-member Zcash Community Grants (ZCG) committee allocates the other 8%. joshs said the pools’ combined value topped $300 million after ZEC’s price rose, a development that sparked debate over fund allocation.
Source: TokenPost
