# How much reserves/treasury does zcash ECC currently hold?

**URL:** <https://forum.zcashcommunity.com/t/how-much-reserves-treasury-does-zcash-ecc-currently-hold/46140>\
**Category:** General\
**Created:** [November 30, 2023, 6:31am UTC](https://forum.zcashcommunity.com/t/how-much-reserves-treasury-does-zcash-ecc-currently-hold/46140 "2023-11-30T06:31:22Z")\
**Posts on this page:** 8\
**Page:** 1

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**Author:** ![offchain](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/offchain/32/29417_2.png) [@offchain](https://forum.zcashcommunity.com/u/offchain)\
**Post date:** [November 30, 2023, 6:31am UTC](https://forum.zcashcommunity.com/t/how-much-reserves-treasury-does-zcash-ecc-currently-hold/46140/1 "2023-11-30T06:31:22Z")

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Subject is the question.

How much reserve/treasury does zcash/ECC (all aff funds) currently holds?

Anyone know how much? Looking for resources or a number.

Appreciate it! 🙂

-offchain

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**Author:** ![zerodartz](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/zerodartz/32/26722_2.png) [@zerodartz](https://forum.zcashcommunity.com/u/zerodartz)\
**Post date:** [November 30, 2023, 10:48am UTC](https://forum.zcashcommunity.com/t/how-much-reserves-treasury-does-zcash-ecc-currently-hold/46140/2 "2023-11-30T10:48:37Z")

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last info from 2 months ago

> **[ECC Transparency Report for Q1 2023 - Electric Coin Company](https://electriccoin.co/blog/ecc-transparency-report-for-q1-2023/)**
>
> Electric Coin Co. is committed to openness and transparency — as we help evolve and support the Zcash digital currency, and in support of our mission to empower people with economic freedom. This transparency report details company income, expenses,...

so  
As of September 27, 2023, the company held approximately $676K in USD and approximately 89K ZEC.  
it’s probably less now by sum amount.

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**Author:** ![cryptomuncher](https://avatars.discourse-cdn.com/v4/letter/c/9fc348/32.png) [@cryptomuncher](https://forum.zcashcommunity.com/u/cryptomuncher)\
**Post date:** [November 30, 2023, 12:40pm UTC](https://forum.zcashcommunity.com/t/how-much-reserves-treasury-does-zcash-ecc-currently-hold/46140/3 "2023-11-30T12:40:42Z")

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The concerning takeaway from that report is a burn rate almost twice that of the dev fund monthly revenue. I’m curious as to what ZF’s situation is. But that is not a sustainable model.

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**Author:** ![noamchom](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/noamchom/32/20269_2.png) [@noamchom](https://forum.zcashcommunity.com/u/noamchom)\
**Post date:** [November 30, 2023, 1:12pm UTC](https://forum.zcashcommunity.com/t/how-much-reserves-treasury-does-zcash-ecc-currently-hold/46140/4 "2023-11-30T13:12:37Z")

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If I remember correct, there are also another handful of ECC assets and liabilities  
(historically hadn’t been in all transparency reports)

1. StarkWare assets
2. Agoric assets
3. Potentially YEC or ZCL assets
4. 3.5 million debt to Least Authority LLC
5. Any other private equity debts

**Edited Thanks** @cryptomuncher

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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:** [November 30, 2023, 1:47pm UTC](https://forum.zcashcommunity.com/t/how-much-reserves-treasury-does-zcash-ecc-currently-hold/46140/5 "2023-11-30T13:47:12Z")

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> [@Zcash Foundation Q2 2023 Quarterly Report](https://forum.zcashcommunity.com/t/zcash-foundation-q2-2023-quarterly-report/45641):
>
> The Zcash Foundation is committed to transparency and openness with the Zcash community and our other stakeholders. Today, we are releasing our Q2 2023 report, which provides an overview of the work undertaken by the Zcash Foundation’s engineering team, as well as an overview of other activities during this period. The report also provides a financial update, describing our income and expenditure, with a detailed breakdown of our expenses and a snapshot of the Foundation’s financial position, i…

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**Author:** ![cryptomuncher](https://avatars.discourse-cdn.com/v4/letter/c/9fc348/32.png) [@cryptomuncher](https://forum.zcashcommunity.com/u/cryptomuncher)\
**Post date:** [November 30, 2023, 2:08pm UTC](https://forum.zcashcommunity.com/t/how-much-reserves-treasury-does-zcash-ecc-currently-hold/46140/6 "2023-11-30T14:08:07Z")

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The details of #2 and #4 are the income and holdings section of the report.

Looks to be about 41 million Agoric tokens as of September of last year - so a little under $5 mil if they sold them all.

The Least Authority debt looks to be $3.75 million payable next November.

So with halving cuts current revenue in half, a $3.75 million debt is due both in November. The same time the current dev fund expires AND the company is burning more per month than it takes in.

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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:** [November 30, 2023, 10:06pm UTC](https://forum.zcashcommunity.com/t/how-much-reserves-treasury-does-zcash-ecc-currently-hold/46140/7 "2023-11-30T22:06:13Z")

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> [@cryptomuncher](#):
>
> I’m curious as to what ZF’s situation is.

It’s looking like ZF’s total expenditure for the whole of 2023 will be in the region of $5.25m.

ZF currently receives approx. 65,745 ZEC per annum. At the current market price of ZEC, that’s less than $2m.

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**Author:** ![offchain](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/offchain/32/29417_2.png) [@offchain](https://forum.zcashcommunity.com/u/offchain)\
**Post date:** [November 30, 2023, 11:38pm UTC](https://forum.zcashcommunity.com/t/how-much-reserves-treasury-does-zcash-ecc-currently-hold/46140/8 "2023-11-30T23:38:17Z")

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thanks everyone. appreciate the info.
