# Dev Fund Decision Time

**URL:** <https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231>\
**Category:** Governance\
**Created:** [July 10, 2024, 6:26pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231 "2024-07-10T18:26:29Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![Dodger](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/dodger/32/3021_2.png) [@Dodger](https://forum.zcashcommunity.com/u/Dodger)\
**Post date:** [July 10, 2024, 6:26pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/1 "2024-07-10T18:26:29Z")

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Today, we opened a [ZCAP poll](https://vote.heliosvoting.org/helios/elections/fced56fc-3eab-11ef-8a1f-f21b2a043e20/view) to determine whether there is clear consensus amongst the Zcash community that a new Dev Fund should be established when the current Dev Fund expires in November, and, if so, which Dev Fund proposal should be adopted.

> **[Polling ZCAP on a New Dev Fund - Zcash Foundation](https://zfnd.org/dev-fund-poll-july-2024/)**
>
> In 2020, the Zcash community decided to establish a Dev Fund, consisting of 20% of block rewards, allocated between the Electric Coin Company, the Zcash Foundation, and a major grants program, now known as Zcash Community Grants.  Since the Dev Fund...

ECC have opened [a similar poll of their Zcash Ad Hoc Caucus](https://vote.heliosvoting.org/helios/elections/5c9277e6-3e6a-11ef-9feb-f21b2a043e20/view).

> <https://x.com/ElectricCoinCo/status/1811069520511127697>

A summary of the proposals under consideration can be found here:

> [@Important: Deadline for ZIPs (likely Dev Fund related) that want to be activated next halvening](https://forum.zcashcommunity.com/t/important-deadline-for-zips-likely-dev-fund-related-that-want-to-be-activated-next-halvening/48004/17):
>
> Here is a summary of the dev-fund-related proposed ZIPs that can be possibly included by the next halving in November. Thanks @str4d for the work with the graphs (they show how the subsidy is split for each block being mined, in that proposal) I urge everyone to read the ZIPs and to not rely solely on this summary. (Also please double check the summary) Note that most proposals spell out that they can be terminated or modified early if the community decides to, but that should always be true f…

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**Author:** ![Dodger](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/dodger/32/3021_2.png) [@Dodger](https://forum.zcashcommunity.com/u/Dodger)\
**Post date:** [July 10, 2024, 6:26pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/2 "2024-07-10T18:26:47Z")

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**Author:** ![Autotunafish](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/autotunafish/32/7827_2.png) [@Autotunafish](https://forum.zcashcommunity.com/u/Autotunafish)\
**Post date:** [July 10, 2024, 7:46pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/3 "2024-07-10T19:46:42Z")

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Remember to check the spam folder 👍

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**Author:** ![zooko](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/zooko/32/32232_2.png) [@zooko](https://forum.zcashcommunity.com/u/zooko)\
**Post date:** [July 13, 2024, 2:35am UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/4 "2024-07-13T02:35:42Z")

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Hey folks, I just got a private message from someone who said that he saw my name on [Draft zf-community-dev-fund-2-proposal: Establishing a Hybrid Dev Fund for ZF, ZCG and a Dev Fund Reserve](https://zips.z.cash/draft-zf-community-dev-fund-2-proposal) so he assumed that I’m endorsing that one.

 ![Screenshot 2024-07-12 20.34.30](https://global.discourse-cdn.com/zcash/original/3X/d/8/d8af2575960babefb0859e57e1fee438ddda0ca3.png)

While I appreciate getting credit for having contributed to, like, the ancestor of the ancestor of that ZIP, I’m not endorsing any of these ZIPs, so could you please remove my name from that one and any others so that people don’t think that I am? Thank you!

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**Author:** ![zooko](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/zooko/32/32232_2.png) [@zooko](https://forum.zcashcommunity.com/u/zooko)\
**Post date:** [July 13, 2024, 6:34pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/6 "2024-07-13T18:34:30Z")

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Attn ZIP Editors

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**Author:** ![nuttycom](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/nuttycom/32/9621_2.png) [@nuttycom](https://forum.zcashcommunity.com/u/nuttycom)\
**Post date:** [July 13, 2024, 8:18pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/7 "2024-07-13T20:18:45Z")

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I have opened [Remove Zooko's name from draft-zf-community-dev-fund-2-proposal by nuttycom · Pull Request #872 · zcash/zips · GitHub](https://github.com/zcash/zips/pull/872). Do you also want your name removed from the ZIP 1014 credits in [Draft noamchom67-manufacturing-consent: Manufacturing Consent; Re-Establishing a Dev Fund for ECC, ZF, ZCG, Qedit, FPF, and ZecHub](https://zips.z.cash/draft-noamchom67-manufacturing-consent)?

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**Author:** ![zooko](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/zooko/32/32232_2.png) [@zooko](https://forum.zcashcommunity.com/u/zooko)\
**Post date:** [July 13, 2024, 8:22pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/8 "2024-07-13T20:22:10Z")

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Yes, please. I don’t want other people like that one guy who reached out to me to think that I am endorsing any of these ZIPs. Thank you!

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**Author:** ![NimmyNims](https://avatars.discourse-cdn.com/v4/letter/n/f14d63/32.png) [@NimmyNims](https://forum.zcashcommunity.com/u/NimmyNims)\
**Post date:** [July 14, 2024, 7:10pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/9 "2024-07-14T19:10:14Z")

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Zooko, love having you back and active on this forum, especially as an independent contributor that can completely speak your mind. This is awesome.

Just thought I’d let you know that under your name when you post on the forum, your title is still Electronic Coin Company v Regular should you like to change that 😉

Anyhow - happy to see you here 👍🤩

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**Author:** ![zooko](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/zooko/32/32232_2.png) [@zooko](https://forum.zcashcommunity.com/u/zooko)\
**Post date:** [July 14, 2024, 7:38pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/10 "2024-07-14T19:38:11Z")

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Fixed! Thanks!

 ![IMG_0590](https://global.discourse-cdn.com/zcash/original/3X/5/1/51bcca4993b92856d1bef49a216d3fe872e83cb4.jpeg)

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<div class="post-metadata">

**Author:** ![Dodger](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/dodger/32/3021_2.png) [@Dodger](https://forum.zcashcommunity.com/u/Dodger)\
**Post date:** [July 15, 2024, 10:55am UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/11 "2024-07-15T10:55:45Z")

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[The results of the ZCAP poll are in!](https://vote.heliosvoting.org/helios/elections/fced56fc-3eab-11ef-8a1f-f21b2a043e20/view)

 ![ZCAP Dev Fund poll result](https://global.discourse-cdn.com/zcash/original/3X/5/8/5849439572be4531a99ee2881952872349f91347.png)

Under the Majority Choice Approval (MCA-M or Modified Bucklin) voting method, the winning proposal is the **[Lockbox for Decentralized Grants Allocation (20% option)](https://zips.z.cash/draft-nuttycom-funding-allocation#alternative-3-lockbox-for-decentralized-grants-allocation-20-option)**.

The poll also asked voters to express their approval of direct and non-direct funding models, with an additional option of _“I wish to reserve judgment until more information about a Non-Direct Funding Model is available”._

 ![ZCAP Dev Fund Model poll result](https://global.discourse-cdn.com/zcash/original/3X/c/1/c1d355bc0430088b2495dea67488d0a6c7811b98.png)

(Note that cumulative percentages may not total to 100% due to abstentions.)

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<div class="post-metadata">

**Author:** ![GGuy](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/gguy/32/19036_2.png) [@GGuy](https://forum.zcashcommunity.com/u/GGuy)\
**Post date:** [July 15, 2024, 12:13pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/12 "2024-07-15T12:13:50Z")

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It’s also very notable that “Lockbox for Decentralized Grants Allocation (20% option)” got the lowest strongly disagree vote with only 26 votes. This would, in many other weighted count methods, likely place it on top.

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**Author:** ![Dodger](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/dodger/32/3021_2.png) [@Dodger](https://forum.zcashcommunity.com/u/Dodger)\
**Post date:** [July 15, 2024, 12:25pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/13 "2024-07-15T12:25:13Z")

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Personally, I’m relieved that we didn’t end up with an outcome like this:

 ![image](https://global.discourse-cdn.com/zcash/original/3X/c/0/c017315c4fe59e22179c60daf40e59c4e5dd4776.png)

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<div class="post-metadata">

**Author:** ![Dodger](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/dodger/32/3021_2.png) [@Dodger](https://forum.zcashcommunity.com/u/Dodger)\
**Post date:** [July 21, 2024, 11:03pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/14 "2024-07-21T23:03:49Z")

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In light of the decision by ECC and others to conduct a runoff poll, we have [opened a runoff poll of ZCAP](https://vote.heliosvoting.org/helios/elections/a7ece604-47a7-11ef-baa0-7eadb9c373c3/view).

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<div class="post-metadata">

**Author:** ![Autotunafish](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/autotunafish/32/7827_2.png) [@Autotunafish](https://forum.zcashcommunity.com/u/Autotunafish)\
**Post date:** [July 25, 2024, 4:05am UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/15 "2024-07-25T04:05:20Z")

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It feels a little difficult to make an informed decision here.

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<div class="post-metadata">

**Author:** ![Dodger](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/dodger/32/3021_2.png) [@Dodger](https://forum.zcashcommunity.com/u/Dodger)\
**Post date:** [July 29, 2024, 12:21pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/16 "2024-07-29T12:21:03Z")

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[The results are in!](https://vote.heliosvoting.org/helios/elections/a7ece604-47a7-11ef-baa0-7eadb9c373c3/view)

> **[Results of the ZCAP Dev Fund Runoff poll - Zcash Foundation](https://zfnd.org/zcap-dev-fund-runoff-poll-results-july-2024/)**
>
> The results of the ZCAP Dev Fund runoff poll are in. The community has voted to support the "Hybrid Deferred Dev Fund" proposal, which allocates 20% of the block rewards to a Dev Fund for one year, with 8% earmarked for the Zcash Community Grants...

 ![ZCAP_Runoff_Poll_Results_July_2024_summary](https://global.discourse-cdn.com/zcash/original/3X/3/1/31b25c3b701e5f4fc11dda73c0ac56942c2add07.png)

These results are reinforced by the results of the [alternative polls](https://forum.zcashcommunity.com/t/alternative-dev-fund-sentiment-polls/47848/67) of the ZecHub DAO, Zcash Brazil community, and the Zcash Spanish-speaking communities.

We can therefore conclude that the [Hybrid Deferred Dev Fund](https://zips.z.cash/draft-nuttycom-funding-allocation#alternative-2-hybrid-deferred-dev-fund-transitioning-to-a-non-direct-funding-model) option enjoys majority support across the Zcash community.

Thank you to everyone who participated in this process. While it was messy and controversial at times (and it’s clear that there is plenty of scope for improving the process), we have ended up with a result that bodes well for the future of Zcash. It ensures that the Zcash Community Grants program will continue to receive funding over the coming year, supporting its ongoing mission to fund independent teams entering the Zcash ecosystem, and ensuring that the Zcash ecosystem can continue to become more decentralized.

This result is also an important step in the geographic decentralization of the Zcash ecosystem, as it lays the path for the Zcash Community Grants program to migrate from the Zcash Foundation (which, like Bootstrap and ECC, is domiciled in the United States) to the [Financial Privacy Foundation](https://www.financialprivacyfoundation.org/) (which is domiciled in the Cayman Islands).

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**Author:** ![aquietinvestor](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/aquietinvestor/32/34528_2.png) [@aquietinvestor](https://forum.zcashcommunity.com/u/aquietinvestor)\
**Post date:** [July 29, 2024, 12:36pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/17 "2024-07-29T12:36:32Z")

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Below are all the poll results tallied so far. There’s supermajority support for the Hybrid proposal across the board. We’re still waiting for results from ZAC and ZURE. They might not change the outcome, but it would be interesting to see the results.

Thanks to everyone who supported the Hybrid proposal!

 ![image](https://global.discourse-cdn.com/zcash/original/3X/6/b/6b8625f88855f71899d9e35966499d6aea07ceb3.png)

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<div class="post-metadata">

**Author:** ![Dodger](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/dodger/32/3021_2.png) [@Dodger](https://forum.zcashcommunity.com/u/Dodger)\
**Post date:** [July 29, 2024, 1:17pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/18 "2024-07-29T13:17:52Z")

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Even if 100% of those who voted in the ZAC poll supported the _Lockbox for Decentralized Grants_ proposal, it wouldn’t change the overall outcome.

Of the 51 people who voted in the ZAC poll, at least 40 of them also voted in the ZCAP poll (and, therefore, those 40 votes are already accounted for in the ZCAP poll results), leaving 11 additional voters. Even if those 11 people _all_ voted for the _Lockbox for Decentralized Grants_, combining the two sets of results would still result in a win for the _Hybrid Deferred_ option (by 91 votes to 51).

Incidentally, the low degree of overlap between those who took part in the Zcash Espanol and Zcash Brazil polls, and the ZCAP poll (four and three people, respectively), means that at least 21 people who did not vote in the ZCAP poll voted in favour of the _Hybrid Deferred_ option in one of those two polls, and at least five people voted in favour of _Lockbox for Decentralized Grants_.

@aquietinvestor Note that your table doesn’t take abstentions in the ZCAP poll into account when calculating the percentages. Assuming that the four people who abstained support neither option, the percentages that support the _Hybrid Deferred_ and _Lockbox for Decentralized Grants_ are 67% and 30%, respectively.

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<div class="post-metadata">

**Author:** ![dismad](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/dismad/32/18432_2.png) [@dismad](https://forum.zcashcommunity.com/u/dismad)\
**Post date:** [July 29, 2024, 1:44pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/20 "2024-07-29T13:44:51Z")

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> [@Dodger](#):
>
> The results are in!

Is it correct that

`ZCAP: 135/190 voted, So roughly 71% engagement`  
`ZAC : 51/91, So roughly 56% engagement`  
`ZecHub: 17/17, 100% engagement`  
`Zcash Espanol: 18/19, 95% engagement`  
`Zcash Brazil: 22/32, 69% engagement`

?

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<div class="post-metadata">

**Author:** ![Dodger](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/dodger/32/3021_2.png) [@Dodger](https://forum.zcashcommunity.com/u/Dodger)\
**Post date:** [July 29, 2024, 1:46pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/21 "2024-07-29T13:46:53Z")

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> [@jelly5649](#):
>
> So you get to say what constitutes the correct and final answer?

I’m merely highlighting what the results of the polls indicate.

You can replicate the results yourself by going through the voter lists of the [ZCAP](https://vote.heliosvoting.org/helios/elections/a7ece604-47a7-11ef-baa0-7eadb9c373c3/voters/list?limit=200), [ZAC](https://vote.heliosvoting.org/helios/elections/04bcfa59-a7a0-448a-8482-f8ede7cff7c3/voters/list?limit=100), [ZecHub](https://vote.heliosvoting.org/helios/elections/9842b780-4624-11ef-923f-2aae057a8c01/voters/list), [Zcash Espanol](https://vote.heliosvoting.org/helios/elections/8fcb0386-46fc-11ef-957a-76a389fa9aed/voters/list) and [Zcash Brazil](https://vote.heliosvoting.org/helios/elections/5451abec-467b-11ef-838c-76a389fa9aed/voters/list) polls, and identifying where the same people voted in multiple polls.

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<div class="post-metadata">

**Author:** ![str4d](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/str4d/32/64_2.png) [@str4d](https://forum.zcashcommunity.com/u/str4d)\
**Post date:** [July 29, 2024, 1:51pm UTC](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231/22 "2024-07-29T13:51:13Z")

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(in my personal capacity, not as an ECC employee or ZIP editor)

@Dodger your assertion that everyone voting in multiple polls voted the same way in all of them:

> [@Dodger](#):
>
> Of the 51 people who voted in the ZAC poll, at least 40 of them also voted in the ZCAP poll (and, therefore, those 40 votes are already accounted for in the ZCAP poll results)

> [@Dodger](#):
>
> going through the voter lists of the [ZCAP](https://vote.heliosvoting.org/helios/elections/a7ece604-47a7-11ef-baa0-7eadb9c373c3/voters/list?limit=200), [ZAC](https://vote.heliosvoting.org/helios/elections/04bcfa59-a7a0-448a-8482-f8ede7cff7c3/voters/list?limit=100), [ZecHub](https://vote.heliosvoting.org/helios/elections/9842b780-4624-11ef-923f-2aae057a8c01/voters/list), [Zcash Espanol](https://vote.heliosvoting.org/helios/elections/8fcb0386-46fc-11ef-957a-76a389fa9aed/voters/list) and [Zcash Brazil](https://vote.heliosvoting.org/helios/elections/5451abec-467b-11ef-838c-76a389fa9aed/voters/list) polls, and identifying where the same people voted in multiple polls.

has no basis other than speculation; we will never know this for ZCAP and ZAC (due to how Helios works), and will only have a reasonable guess once the ZAC poll results are released. (I’m not going to speculate _why_ someone might vote differently across multiple polls, but it is possible to do.)

[Next page](https://forum.zcashcommunity.com/t/dev-fund-decision-time/48231.md?page=2)
