Dev Fund Proposal Runoff Poll (ZecHub)

public election created by Jason McGee [archived]

Last week, the Zcash community was polled to determine if there was enough consensus to create a new Development Fund (Dev Fund) when the current one expires in November. There were seven proposals, including an option to not renew the Dev Fund and allocate 100% of the block rewards to miners. Multiple polls were conducted across the ecosystem.

Two proposals consistently obtained majority support in all polls. As a result, we are having a runoff for the top two proposals. Both options specify that the Dev Fund will be allocated to a "lockbox" where the funds will accrue pending a new disbursement mechanism and strategy.

The two options are:

Hybrid Deferred Dev Fund: Transitioning to a Non-Direct Funding Model: This proposal would last for up to one year and allocate 20% of the block rewards as follows: 12% to a lockbox designated for future decentralized grants funding and 8% to Zcash Community Grants. For more information, see this link.

Lockbox For Decentralized Grants Allocation (20% Option): This proposal would last for up to two years and allocate 20% of the block rewards to a lockbox designated for future decentralized grants funding. For more information, see this link.

There is an ongoing conversation at the Zcash Community Forum about the benefits and drawbacks of these two proposals. For more information, see this link.

Please select the proposal you prefer. You can only choose one option. You can also abstain by not answering the question and submitting your ballot. The proposal that obtains the most support will be the next Dev Fund.