ZCG > Maya Liquidity

Community Grants
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The Zcash Community Grants (ZCG) committee, with support from the Financial Privacy Foundation (FPF), is pleased to announce that we have seeded $100,000 worth of liquidity into the ZEC pool on Maya Protocol. All fees earned from this initiative will go directly to ZCG’s treasury.

This step reflects ZCG’s ongoing commitment to expanding access to ZEC on decentralized platforms and further enhancing the utility of Zcash’s privacy-preserving features. Maya Protocol is a cross-chain, decentralized liquidity network that enables native asset swaps across blockchains without wrapping, bridging, or reliance on trusted intermediaries. By seeding the ZEC pool, we are actively supporting Maya’s integration of Zcash and enabling users to trade ZEC in a decentralized and non-custodial environment.

Decentralized exchanges (DEXs) are critical to the future of Zcash as the ecosystem strives for greater resilience, user privacy, and financial inclusion. This initiative marks a meaningful step toward making shielded ZEC more accessible and liquid across a wider range of platforms.

ZCG’s liquidity position is managed via a 2-of-3 multisig wallet, with keys held by Jason (ZCG), Aaluxx (Maya), and Alex (FPF), using Vultisig, a seedless, multi-device crypto vault.

We extend our thanks to @mayaprotocol and @hanh for their technical contributions to this project, and to @FPF for their openness to innovation and strong collaboration as we continue building a best-in-class grantmaking and grantee support program.

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[Grant Application] Wrapped Zcash (WZEC)
Zcash Community Grants Meeting Minutes 7/7/25 (held async)
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If possible, it would be great to have these fee KPI’s tracked for performance. I would recommend on the ZCG dashboard :light_bulb:

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Absolutely! There is already a tab on the Grants Dashboard for “Liquidity” and we plan on tracking fees earned there.

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Hi everyone, I’m updating to the new version of openzcash.org and noticed that ZCG seeded $100k back then and those same coins are worth $3,741,000 today. Will there be a rebalancing, and can the multisig holders make decisions regarding this? Thanks.

Update:

Position now: $542.5K - 223.99 ZEC + 1,748,207 CACAO · live . As Zcash grew, was the position diluted, and did it buy CACAO?

Is that correct? Just maybe the Excel file is past due.

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This is a case that openzcash.org can help with.

Keeping the Grants Dashboard up to date is a lot of work, and some numbers are hard to keep current by hand, like the value of the Maya position or the fees it earns (Excel blank so far). It reads those straight from the chain and the public APIs, links every figure to its source, and can alert when something moves. It mirrors the official sheet; it never replaces it. If it helps the committee or FPF, I’m glad to add whatever would save you time.

Screenshot 2026-09-20 at 16.14.20
Screenshot 2026-09-20 at 16.14.202714×1054 276 KB

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We’re meeting with Maya this week and will confirm your figures and get you an answer to your question then.

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From Aaluxx "Update: Results from the ZCG liquidity position on Maya

Hi everyone,

When ZCG, with support from FPF, seeded $100,000 of liquidity into the ZEC pool on Maya Protocol in July 2025, we said we would track the results publicly. Here is an update, including the recent halt.

Status. Maya was hacked on August 18, 2026, and trading has been halted globally since then. The Maya team expects to resume trading this week. Until then, arbitrageurs can’t rebalance the pools, so current pool figures and the CACAO price are unreliable. The team expects CACAO to trade around $0.09–$0.11 after the unhalt, compared with about $0.12 before the hack. The team also expects the recovery process to bring ZCG’s position back to full value, as described below.

What the ZEC pool has done from launch (May 21, 2025) to the halt (August 18, 2026). These figures come from the Maya team.

~$274M in swap volume, or 2,191,966,529 CACAO, across 924,489 swap legs.

~$179,128 in liquidity fees, or 1,591,972 CACAO.

~2,650 ZEC of pool depth (about $7.8M at the time of the DeFi panel snapshot), which gives users a native, cross-chain route in and out of ZEC.

ZCG’s share. The ZCG address currently owns 8.45% of the pool’s units. Over the pool’s lifetime it earned 8.02% of fees (time-weighted), about 127,654 CACAO or roughly $14,245. To be clear, the $274M was produced by the whole pool, not by ZCG’s deposit alone. What ZCG’s capital did was help deepen the pool from early on, which supported tighter pricing and larger swaps for everyone using it.

Position value. The Maya team estimates the position at about $500k once trading resumes and about $600k once recovery is complete. This reflects ZEC’s price movement as well as fees, and will depend on where CACAO settles after the unhalt.

What’s next.

We are working to show pool volume and ZCG’s position details on the DeFi panel, alongside the fee tracking on the Investments page. Once trading resumes, the Maya team will also calculate the remaining metrics we asked about.

The Maya team has been helping to develop and operate THORChain, and has done the work to bring ZEC to it, with shielding hoped to follow. Its Zcash integration has been audited by Least Authority, and the findings will be available to both THORChain and Maya. The team expects the THORChain launch in the coming weeks."

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Thank you for the feedback. Hope you all like the new page then.

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