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

First reported by CoinDesk at Wed 11:49 PM · 3 outlets in all

1. The Defiant7hZcash Plan Would Pull 50,000 ZEC From Grants TreasuryPolling starts Nov. 16 on a draft that would end ZCG's 8% funding stream and build a locked development and legal-defense reserve.
2. Crypto Briefing7hZcash holders to vote on pulling 50,000 ZEC from the grants treasuryThe proposal could shift Zcash's development funding model, impacting future grant availability and potentially altering miner incentives.
3. CoinDesk7hZcash holders to vote on pulling 50,000 ZEC, worth $50 million, from grants treasuryThe proposal would remove more than half of Zcash Community Grants' ZEC holdings from circulation and redirect its future block rewards into a new development and legal-defense fund.