Zcash Draft Seeks to Redirect 8% Block Subsidy From Grants to NSM Reserve

TL;DR Sean Bowe’s draft would end Zcash Community Grants’ automatic 8% block-subsidy stream and redirect that allocation to the Network Sustainability Mechanism. The proposal values ZCG’s holdings net of reported grant liabilities at $125.3 million using an illustrative $1,300 ZEC price, arguing resources can sustain grants. The change remains a draft with no activation height, would not affect ZCG’s existing treasury, and would preserve the separate 12% Coinholder-Controlled Fund allocation. Zcash co-founder Sean Bowe has proposed ending the automatic funding stream for Zcash Community Grants and redirecting its 8% share of the block subsidy to the Network Sustainability Mechanism. The draft ZIP , created October 26, remains unassigned and in Draft status.

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