I have submitted a version of @skyl’s Lockbox proposal called the Hybrid Deferred Dev Fund. In this version, a 20% Dev Fund is allocated with 60% going to a lockbox and 40% to Zcash Community Grants (ZCG).
The main motivation for this proposal is to ensure that, if there is support for a Deferred Dev Fund, the ZCG program continues to receive funding. The reasons for maintaining direct funding to ZCG are: (1) ZCG lacks the financial runway that ECC and ZF have, and (2) without a Dev Fund, grant recipients would be disproportionately affected, which could hinder decentralization efforts to encourage more entities to contribute to Zcash development.
The duration of the ZIP is one year. Also, there is a requirement for ECC and ZF to work together with the community to “research and explore the establishment of a non-direct funding model….consider[ing]…possible legal and regulatory risks,” which I believe addresses concerns raised by ZF.
This proposal was largely inspired by @peacemonger’s post in the below thread and was written in collaboration with her:
Credit also goes to @skyl for his Lockbox ZIP, @daira, @str4d, and @nuttycom for their Notes on Deferred Dev Fund Proposals, and @gguy.
Below is a PDF of the draft ZIP and a link to the GitHub repository. Please review and let me know if you have any feedback.
Hybrid Deferred Dev Fund.pdf (251.4 KB)