COINDESK · 2026-11-12 05:49 UTC

Zcash holders to vote on pulling 50,000 ZEC from grants treasury

Zcash holders will vote Nov. 16 to Nov. 30 on a draft proposal to remove 50,000 ZEC, about 55% of the 91,453 ZEC grants treasury, and return its value via future mining rewards. The proposal would stop ZCG's 8% share of new issuance, redirecting it to a Future Dev and Legal Defense Fund that nobody could spend from initially. The draft estimates ZCG's treasury could cover about 13 years of expenses, falling to roughly six years after the removal, and no activation height has been set.

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