Requesting comments for my proposal for Establishing a Zenate for ZIP Governance and Managing ZCAP. May this act as a starting point for conversations between @zooko and @Dodger during future discussions on Zcash governance.
TLDR: This ZIP proposes the creation of a Zenate (Zcash Senate) which SHOULD act as an elected governing body by the community to build, improve, and vote on Zcash Improvement Proposals (ZIPs). Upon its formation, the Zenate SHALL assume the management of ZCAP from the Zcash Foundation.
Title: Establishing a Zenate for ZIP Governance and Managing ZCAP
Original-Authors: Matthew Green (@GGuy)
Credits: Josh Swihart (@JoshS)
Terms capitalized such as “MUST”, “MUST NOT”, “SHALL”, “SHALL NOT”, “SHOULD”, “SHOULD NOT”, and “MAY” in this document shall be understood as described in RFC 2119. [#RFC2119]_
The term “network upgrade” in this document is to be read as explained in ZIP 200 [#zip-0200]_ and the Zcash Trademark Donation and License
Agreement ([#trademark]_ or successor agreement).
“Zenate” refers to the governing body that is proposed to establish in this ZIP.
“ZCAP” refers to the Zcash Community Advisory Panel, as clarified at [#zf-community]_.
This ZIP proposes the creation of a Zenate (Zcash Senate) which SHOULD act as an elected governing body by the community to build, improve, and vote on Zcash Improvement Proposals (ZIPs). Upon its formation, the Zenate SHALL assume the management of ZCAP from the Zcash Foundation. This ZIP delineates the constituents, governance and responsibilities of the Zenate, as well as details of its interaction with ZCAP and the broader Zcash community.
In order to enhance the community-driven evolution in the system, a Zenate can facilitate to ensure that every part of the community is heard and their feedback directly influences the direction that Zcash takes. This approach could be more transparent and offer a platform for collaboration, and prove to be more responsive to the vision that the community holds for Zcash.
A Zenate SHOULD be comprised of 5-7 active members, elected by the Zcash community. Each member SHOULD dedicate approximately one day per week to Zenate operations. The tenure of membership in the Zenate SHALL be on a yearly basis, with the possibility of reelection. Staff of the Zcash Foundation (ZF) and Electric Coin Company (ECC) are ineligible for Zenate membership to prevent potential conflicts of interest due to their joint control of the Zcash trademark.
A majority vote SHALL govern the decisions taken by the Zenate. In the event of a voting tie, a community-wide poll via ZCAP will decide the course of action. The Zenate SHALL NOT exercise veto power, however, any body MAY bring concerns to the Zenate which must be duly considered.
Upon its formation, the Zenate SHALL assume management of ZCAP. The initial election for Zenate SHALL be conducted through ZCAP as managed by the Zcash Foundation. Thereafter, the Zenate SHALL be responsible for handling ZCAP and its own reelections.
The Zenate SHOULD avoid burdening ZCAP with frequent polling. Ideally, polling should occur approximately once every three months. Additionally, ZCAP SHOULD not be polled on matters that already have clear community consensus or those related to administrative or minor alterations to ZIPs.
The decisions of the Zenate MUST align with the consensus of the Zcash community. The Zenate SHALL document how each decision aligns with community consensus, as established through polling of ZCAP. Furthermore, the Zenate SHOULD solicit feedback through a variety of community engagement methods, such as X, forums, calls, AMAs, etc.
The Zenate SHALL conduct monthly meetings involving all development fund recipients. These meetings SHALL serve as a platform for discussing the future of Zcash and maintaining transparency and coordination among stakeholders.
The Zenate SHALL have the authority to develop, vote on, and implement improvements to ZIPs. As such, the Zenate will be instrumental in shaping the future vision and rules of Zcash.
The Zenate oversees the allocation of block rewards specified under ZIP1014 for the purpose of managing the development fund. Action items, decisions, or alterations to ZIPs SHALL be backed with clear objectives and/or well-defined business plans, particularly in relation to the distribution of development funds.
The Zenate SHALL uphold high standards of transparency and accountability by regularly disclosing its objectives and action plans. Members of the committee SHALL review meeting minutes, and, when necessary, redact sensitive information before posting them publicly.
The Zenate MAY employ part-time staff to assist with administrative tasks, such as transcription of meeting minutes. Such staff SHALL be compensated at competitive market rates.
The Zenate SHALL work in collaboration with existing panels, committees, and procedures within Zcash. The Zenate SHALL rely on ZCAP for providing advisory inputs.
RFC 2119: Key words for use in RFCs to Indicate Requirement Levels <https://www.rfc-editor.org/rfc/rfc2119.html>_
ZIP 200: Network Upgrade Mechanism <zip-0200.rst>_
Zcash Trademark Donation and License Agreement <https://electriccoin.co/wp-content/uploads/2019/11/Final-Consolidated-Version-ECC-Zcash-Trademark-Transfer-Documents-1.pdf>_
ZF Community Advisory Panel <https://www.zfnd.org/governance/community-advisory-panel/>_