It’d be a mistake to kill only one part of the dev fund.
If dissolved, then no half measures, dissolve it all, both the ZCG and coinholder streams. The coinholder stream accrues ~216 ZEC a day until the halving. Same problem.
Part of the reason for ZCG funding until the current ZIP was a governance balance. Part of it was to provide speculative funding for ideas that needed incubation.
Coinholder grants were a bridge away from direct funding when funding was scarce. It served its purpose.
If dev funding is no longer needed, a better market signal is the retirement of the entire fund. A half measure leaves the door open to ongoing debate and politics. Markets like certainty.
Redirect both streams to the NSM through the halving, as Sean’s draft does for ZCG. ZCG honors every approved grant, then sends the rest to the NSM.
One proposed exception is a one-time endowment for a legal defense fund for Zcash developers, decided by coinholders.
Note: ZODL recently received a retroactive coin holder grant (non ZCG) for core protocol work and will apply for future grants if the fund still exists. My argument for a full, rather than partial retirement would eliminate that potential source of funding