Polling ZCAP on a New Dev Fund and Funding Mannequin

In November 2025, the present Dev Fund established beneath ZIP 1015 will expire, and 100% of block rewards might be allotted to miners. If a brand new Dev Fund is just not in place by the point ZIP 1015 expires in November 2025, 100% of block rewards will go to miners.

Right now we opened a ZCAP ballot supposed to evaluate whether or not there’s group consensus to create a brand new Dev Fund and corresponding funding mannequin and, in that case, which proposal is most popular. This ballot is a part of our ongoing dedication to making sure that the Zcash group has a big and significant position in shaping selections in regards to the future course of Zcash.

ZCAP Ballot Questions

On this ballot we’re asking the next questions, and supply the next response choices.

Q1: Which of the next funding proposals do you help? You possibly can choose a couple of proposal. 

• Group and Coinholder Funding Mannequin (C&C)
• Group-Ruled Funding Mannequin
• Pure Coinholder Funding Mannequin
• Pure ZCAP Funding Mannequin
• Zcash Governance Bloc (zBloc)
• The Dev Fund ought to finish and 100% of the block reward ought to go to miners. 

Under is a abstract of the 5 proposals: 

Group and Coinholder (C&C) Funding Mannequin (C&C) : Allocates 8% of block rewards to ZCG and 12% to a Coinholder-Managed Fund, energetic till the third halving in November 2028. It offers ZCG and coinholders distinct decision-making roles, with grants from the coinholder fund requiring 420,000 ZEC to be authorized. For extra info, see this hyperlink. 

Group-Ruled Funding Mannequin: Allocates 8% to ZCG and 12% to a ZCAP-Managed Fund managed by the Zcash Basis. It prioritizes group consensus, with a 50% participation threshold for ZCAP voting, and secures funds in a multisig pockets. For extra info, see this hyperlink. 

Pure Coinholder Funding Mannequin: Allocates 20% of block rewards to a Coinholder-Managed Fund, energetic till the third halving. Grants require 420,000 ZEC for approval and are managed completely by coinholder voting. For extra info, see this hyperlink. 

Pure ZCAP Funding Mannequin: Allocates 20% of block rewards to a ZCAP-Managed Fund managed by the Zcash Basis. All funding selections are made by ZCAP, with a 50% participation threshold, and funds are held in a multisig pockets. For extra info, see this hyperlink. 

Zcash Governance Bloc (zBloc): Allocates 20% of block rewards to a Group Fund cut up into Massive and Minor Grant swimming pools. Governance is shared throughout constituencies like Coinholders, ECC, and ZF, every with adjustable voting energy and thresholds. For extra info, see this hyperlink.

Q2: Do you help prioritizing the extension of the Dev Fund and the implementation of a brand new funding mannequin, even when it requires suspending NU7?

The outcomes of ZCAP polls are advisory however function an necessary sign to ecosystem individuals, funders, and builders. The ballot will shut at 12:00 am UTC on Could 1, 2025 and outcomes might be shared by Could fifth.

We Assist Group Consensus

Whereas the Zcash Basis Board not too long ago voted unanimously to endorse the Group and Coinholder Funding Mannequin (C&C) ZIP proposal, we deeply respect the voice of the Zcash group and are absolutely dedicated to upholding its collective resolution even when it diverges from our Board’s suggestion. The Basis will help the group’s alternative and take the mandatory steps to assist implement it.

Why ZCAP Issues

This ballot is a part of our ongoing efforts to offer the Zcash group with a significant voice in selections about the way forward for Zcash. As all the time, the outcomes of ZCAP polls are non-binding however function an necessary sign to ecosystem individuals, funders, and builders.

The ZCAP course of is a clear, community-driven technique to floor the views and priorities of long-term Zcash supporters. Although advisory in nature, these votes play a significant position in informing selections throughout the ecosystem. Thanks for lending your voice.

As all the time, we welcome suggestions from the Zcash Group. You probably have feedback or solutions, please be a part of the dialog on the Zcash group discussion board.