PANews|Sep 18, 2026 11:55
[Dragonfly Managing Partner Haseeb Qureshi Calls for Termination of Zcash Developer Fund]
According to Cointelegraph, Dragonfly Managing Partner Haseeb Qureshi has proposed terminating the Zcash Developer Fund (Dev Fund) after it expires under current rules in 2028. He pointed out that the fund is large enough to support Zcash's subsequent development work and, as its value approaches $100 million, the fund faces the risk of becoming 'politicized.' According to ZecStats data, the Zcash Developer Fund holds 63,962 Zcash (ZEC) tokens, valued at approximately $95 million. Previously, as the price of ZEC tokens increased, the fund's value rose accordingly, sparking widespread industry discussions about whether it should remain or be discontinued.
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