Let's bring stablecoins to ZSAs!

Hi everyone!

I’d like to start off by thanking you all for the discussion here! It was great to hear the support and dig together into the concerns. The different perspectives here help create better proposals.

This discussion goes together with a grant proposal - we had a draft with ideas presented here, so we can hear from the community and to better inform us on the goals. We recently submitted the grant proposal for this effort, which you can find here. We have updated the timelines and the budget in this proposal on the basis of the discussions raised in this thread and in our conversations with the Grants Committee and others. The main updates are:

  • A focus on first getting ZSA ready for merge, by prioritising Zebra work for the ongoing grant and having Asset Swap implementation lined-up next.
  • We have also proposed a dedicated compliance advisory effort in preparation for ZSA deployment.
  • A lowered budget and initial scope for each milestone to allow the Grants Committee more budget flexibility.
  • We broke the milestones into a smaller research phase, with checkpoints to allow the Grant Committee to make ongoing decisions whether to develop specific features in the grant.

We think the features discussed in this thread are very important for the future of the Zcash ecosystem, and as always, we look forward to hearing from you!

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