Zcash stakeholders prepare to vote on a proposal to remove 50,000 ZEC from the grants treasury and redirect future issuance to a new development fund, aiming to optimize network sustainability.
Holders vote Nov. 16-30 on removing 50,000 ZEC (about 55% of the 91,453 ZEC grants treasury) from circulation, with ZCG's 8% of new issuance redirected to a new dev and legal-defense fund. Taking coins out of supply and slowing treasury issuance is structurally supportive of the price. The effect is not immediate: the plan still needs community consensus and a future network upgrade with no activation date.
Zcash holders and community panels will vote from Nov. 16 to Nov. 30 on a proposal to remove 50,000 ZEC from the Zcash Community Grants (ZCG) treasury. The plan aims to redirect 55% of the current grants treasury into future mining rewards and shift the program's 8% share of newly issued coins to a new development and legal-defense fund.
Taking 50,000 ZEC out of circulation and returning its value gradually through future block rewards reduces sellable supply, while the grants committee stops receiving 8% of newly created coins, slowing ongoing treasury-driven issuance.
No. Voting runs Nov. 16-30, and the plan would only take effect after the community shows rough consensus and a future network upgrade (NU7.1) activates it; no activation date has been set.