Zcash Dev Fund Runoff Poll (July 2024)

public election created by Jack Gavigan

The purpose of this run-off poll is to decide which of two Dev Fund proposals should be adopted when the current Dev Fund expires in November.

A previous round of polling of various groups across the Zcash community (including ZCAP) yielding varying results. However, two proposals consistently achieved majority approval across all polls:

• Hybrid Deferred Dev Fund: Transitioning to a Non-Direct Funding Model
  This proposal would allocate 20% of the block rewards to a Dev Fund for one year, distributed as follows:
  • 8% to the Financial Privacy Foundation (FPF) for the Zcash Community Grants program, and
  • 12% to a protocol lockbox.
• Lockbox For Decentralized Grants Allocation (20% option)
  This proposal would allocate 20% of the block rewards to a protocol lockbox for two years (with no funding for Zcash Community Grants).

Under both proposals, the remaining 80% of the block rewards would be allocated to the miners. Funds that are directed into the protocol lockbox will remain there until a distribution mechanism is introduced in a future network upgrade.

This poll asks respondents to choose which of these two proposals they prefer. Respondents may abstain by not selecting either option and submitting their ballot as normal.

Voting will close at 09:00 UTC on 29th July 2024.