Wu has learned that Sean Bowe, co-founder and protocol developer of Zcash, has submitted a draft ZIP proposal to terminate the allocation of 8% of block subsidies to the Zcash Community Grants (ZCG) and transfer this share to the Network Sustainability Mechanism (NSM), temporarily halting its circulation. The proposal argues that ZCG's existing funds are sufficient to support future grants and there is no need for it to continue automatically receiving block subsidies. Draft data shows that ZCG holds approximately 91,453 ZEC and approximately $8.8 million in other assets, while the current 8% subsidy corresponds to approximately 52,560 ZEC annually. This proposal will not change the ZEC supply cap, the original miner subsidy ratio, or the allocation of the remaining 12% of the fund controlled by token holders. https://www.(wublock123.com)/news/zcash-zip-proposal-end-8pct-block-subsidy-to-nsm-halt-circulation-70766