GGuy
May 31, 2024, 10:25pm
193
Hi @Dodger , I have posted a proposal that transitions the Zcash Dev Fund to only fund grant and bounty providers starting in November. I hope your polling can also include questions to gather sentiment for moving to a grants-based model in November.
Proposal to Transition the Zcash Dev Fund to a Grants-Based Model
As we approach the end of the current Zcash Dev Fund allocation, it’s clear that the Zcash ecosystem is evolving. There’s growing support for transitioning the 20% Zcash Dev Fund to a grants-based model, focusing on grants and bounties that can drive innovation and community development. A straightforward way to achieve this transition by November is to specify that the Zcash Dev Fund can only be used for grant programs like ZCG and ZecHub. Additionally, this approach allows for future grant models like the Zcash Funding Bloc and Zcash Coin Weighted Voting to be funded by the Zcash Dev Fund as they develop over the next year.
Current Context
Zcash Community Grants (ZCG) and ZecHub are currently best positioned to manage grant and bounty programs effectively.The Zcash Funding Bloc is an emerging concept that needs more time (up to a year) to be fully defined, implemented, and validated.
Proposal
Rename the Zcash Dev Fund to the Zcash Grants Fund starting in November.Specify that these funds can only be used for grant programs like Zcash Community Grants (ZCG) and ZecHub.Allow the community time to implement and refine other strategies like the Zcash Funding Bloc and new programs utilizing Zcash Coin Weighted Voting.
Rationale
Zcash Community Grants (ZCG) has a track record of effectively managing and distributing funds for impactful projects.ZecHub has demonstrated strong community engagement and the ability to run successful bounty programs.The transition period will give the wider community an opportunity to explore and establish other potential models for fund allocation.