Hupzy (Spot On Chain)|10月 27, 2026 16:33
Zcash co-founder proposes ending the Community Grants program's automatic 𝟴% 𝗯𝗹𝗼𝗰𝗸 𝘀𝘂𝗯𝘀𝗶𝗱𝘆, redirecting funds to the Network Sustainability Mechanism. The grants treasury holds over $𝟭𝟮𝟱𝗠 against just $1.53M in quarterly operating costs — roughly 80x its burn rate.
If approved by community vote, the redirect shifts ZEC block rewards away from the grants treasury into the broader sustainability pool, changing the sell-pressure dynamics around grant-funded ZEC liquidations.
𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: The grants program has been a structural source of ZEC sell pressure as it liquidates holdings to fund operations. Ending automatic funding could reduce that pressure, but the $125M+ existing treasury means the program sustains itself for years without new inflows. The real signal is the block subsidy reallocation — it changes how new ZEC issuance is distributed. ZEC trades on Aster DEX, making this directly relevant for positioning. Outcome pending community vote.
source: CoinDesk
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