Amendments to ZOMG and Potentially ZIP 1014

Thanks for starting the conversation Chris. With the ZOMG re-election coming up, it would be nice to have a retrospective of current @ZcashGrants members to help improve and make funding better for 2022.

And since we are open about making changes to ZIP-1014, here are two funding aspects I’d like to hear about:

  1. Discussion to open up Direct grants for teams committed to long term development on Zcash per ZIP 1014: Establishing a Dev Fund for ECC, ZF, and Major Grants

Someone had posted a note on ZecPages about funding ZecWallet, Nighthawk, Unstoppable with direct grants while ZOMG continue with funding bounties and short term projects. ZECpages
Long term projects open up possibilities for full time resource allocation which can be beneficial going in to 2022+ to build a solid ecosystem software for Zcash Shielded Assets, cross chain swaps, tokens exchange, etc.

  1. Setting aside funds for future Liquidity Provider incentives: we’ve seen numerous projects building cross blockchain infrastructure(ex. Avalanche with its $180M fund) and allocating LP incentives which increases adoption & awareness of Zcash being a serious player. We’ve also seen a couple grants recently asking to set aside large amounts for “community treasury”.
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