# Moving the Dev Fund discussion forward

**URL:** <https://forum.zcashcommunity.com/t/moving-the-dev-fund-discussion-forward/47464>\
**Category:** Governance\
**Created:** [April 17, 2024, 11:05pm UTC](https://forum.zcashcommunity.com/t/moving-the-dev-fund-discussion-forward/47464 "2024-04-17T23:05:20Z")\
**Posts on this page:** 1\
**Showing post:** 54

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**Author:** ![GGuy](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/gguy/32/19036_2.png) [@GGuy](https://forum.zcashcommunity.com/u/GGuy)\
**Post date:** [May 24, 2024, 11:11pm UTC](https://forum.zcashcommunity.com/t/moving-the-dev-fund-discussion-forward/47464/54 "2024-05-24T23:11:42Z")

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> [@Dodger](#):
>
> @GGuy: We would need to link to a description of _just_ the declining issuance element of your proposal, which would need to describe how it would interact with the issuance smoothing proposed as part of the ZSF.

Below is an extract from the ZIP discussions had on the forum that I believe aligns with the preferred implementation requirements. Assuming “funding streams” are still the preferred method for defining recipients after ZSF deployment the definition below would still apply after ZSF deployment.

Keep in mind these splits are only intended to be examples and would be adjusted to suit the communities desires.

## Declining Schedule

This allocation is designed to decrease by approximately 3% every 35064 blocks (~1 month). This reduction is calculated by multiplying the denominator in the split calculations below, starting at 1000, by 1.03^(blocks\_since\_halving / 35064) and rounding down the result. The Unissued Reserve’s calculation is an estimate and should be calculated as the leftover unallocated rewards. Beginning with the second Zcash halving in 2024, the development fund’s allocation for the ensuing 35064 blocks will be as follows:

- 240/1000 (24%) Unissued Reserve/Zcash Sustainability Fund (denoted **UR slice** );
- 266/1000 (26.6%) for the Bootstrap Project (denoted **BP slice** );
- 190/1000 (19%) for the Zcash Foundation, for general use (denoted **ZF slice** );
- 304/1000 (30.4%) for additional “Major Grants” for large-scale long-term projects  
(denoted **ZCG slice** ).

After 35064blocks (~1month) the Dev Fund SHALL continue for another 35064blocks and be allocated as follows:

- 260/1030 (~26.21%) Unissued Reserve/Zcash Sustainability Fund (denoted **UR slice** );
- 266/1030 (~25.83%) for the Bootstrap Project (denoted **BP slice** );
- 190/1030 (~18.45%) for the Zcash Foundation, for general use (denoted **ZF slice** );
- 304/1030 (~29.51%) for additional “Major Grants” for large-scale long-term projects  
(denoted **ZCG slice** ).

This calculation will continue until the dev fund allocation effectively reaches 0 or the dev fund is change which should be voted on every network upgrade. Implementations of this development fund SHALL use the numerators and denominators above to calculate the slice.

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