Dev Fund 2024: Community Poll & Discussion Megathread

Shouldn’t we treat this decision like we are all running a business? As such I propose we start discussing budgets and cost for all the upcoming work we expect requires funding between Jan-2024 and Dec-2028 (~5years). Today I’ll start really simply and try calculating the funds available with a 20% Dev fund allocation. For lack of a better value I’ve started at $30 with an increase in ZEC price of 30% per year.

+------+-------------------+--------------------+------------------+------------------------+--------------+
| Year | Total ZEC Reward  | Miner ZEC Reward   | Dev Fund ZEC     | Projected ZECUSD Price | Dev Fund USD |
+------+-------------------+--------------------+------------------+------------------------+--------------+
| 2024 | 1244107.5         | 995286             | 248821.5         | $30                    | $7,464,645   |
| 2025 | 655948.8          | 524759.04          | 131189.76        | $39                    | $5,116,400   |
| 2026 | 655948.8          | 524759.04          | 131189.76        | $50.7                  | $6,651,320   |
| 2027 | 655948.8          | 524759.04          | 131189.76        | $65.91                 | $8,646,717   |
| 2028 | 584368.2208       | 524759.04          | 116873.64416     | $85.683                | $10,014,084  |
+------+-------------------+--------------------+------------------+------------------------+--------------+
|                                                                                     Total | $37,893,166  |

So the estimations above are for the next 5 years if the ZEC price hovers somewhere between $30 and $90. Even after ECC’s recent resource action both ECC’s and ZF’s costs are somewhere between $300,000 - $500,000 each per month. That adds up to a cost of (~$800,000 * 12) $9,600,000 per year.

Can someone check my calculations? Because to me it appears if we continue the current dev fund allocation ECC and ZF may have to undergo another resource action event and tighten their budgets before 2025. What’s our strategy to mitigate this? Pray :pray:?

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