# Important: Deadline for ZIPs (likely Dev Fund related) that want to be activated next halvening

**URL:** <https://forum.zcashcommunity.com/t/important-deadline-for-zips-likely-dev-fund-related-that-want-to-be-activated-next-halvening/48004>\
**Category:** Governance\
**Created:** [June 19, 2024, 5:08pm UTC](https://forum.zcashcommunity.com/t/important-deadline-for-zips-likely-dev-fund-related-that-want-to-be-activated-next-halvening/48004 "2024-06-19T17:08:10Z")\
**Posts on this page:** 1\
**Showing post:** 9

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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 3, 2024, 1:11am UTC](https://forum.zcashcommunity.com/t/important-deadline-for-zips-likely-dev-fund-related-that-want-to-be-activated-next-halvening/48004/9 "2024-07-03T01:11:59Z")

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After discussing @joshs’s [comments](https://forum.zcashcommunity.com/t/ecc-endorsements-its-zip-withdrawn/48200) on the [Hybrid Deferred Dev Fund](https://github.com/zcash/zips/pull/860/) proposal with @peacemonger , we have decided to make the following changes:

1. Amend the duration from two years to one year to better align the proposal with @peacemonger’s [original vision](https://forum.zcashcommunity.com/t/the-last-swing-of-the-stick/45354/86).
2. Remove the restriction that prohibits BP/ECC and ZF from applying for ZCG grants.
3. [ZCG is administered by FPF](https://forum.zcashcommunity.com/t/proposal-zcg-under-fpf/48113), not ZF, which minimizes US regulatory risk. Under this proposal, no US entities are direct recipients of the Dev Fund.
4. Additionally, @GGuy has formally withdrawn his proposals for the [Zcash Grants Fund](https://forum.zcashcommunity.com/t/important-deadline-for-zips-likely-dev-fund-related-that-want-to-be-activated-next-halvening/48004/8) in favor of the Hybrid Deferred Dev Fund and is now listed as an Owner.

**We believe that the Hybrid Deferred Dev Fund sets Zcash on the right path toward transitioning to a grants-based, non-direct funding model**.

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_[View the full topic](https://forum.zcashcommunity.com/t/important-deadline-for-zips-likely-dev-fund-related-that-want-to-be-activated-next-halvening/48004)._