Zcash Dev Fund Poll (July 2024)

public election created by Jack Gavigan

The purpose of this poll is to determine whether there is clear consensus amongst the Zcash community that a new Dev Fund should be established when the current Dev Fund expires in November, and, if so, which Dev Fund proposal should be adopted.

Respondents should read this blog post, which contains important information about this poll. A summary of the various Dev Fund proposals can be found here.

Here is a list of the Dev Fund proposals, with links to the relevant ZIPs, which we strongly encourage you to review in detail.

• The Dev Fund should end and 100% of the block reward should go to miners. - This option allows respondents to indicate whether they support ending the Dev Fund.
• Manufacturing Consent; Re-Establishing a Dev Fund for ECC, ZF, ZCG, Qedit, FPF, and ZecHub by Noamchom
• Lockbox For Decentralized Grants Allocation (perpetual 50% option) by Skylar Saveland
• Establishing a Hybrid Dev Fund for ZF, ZCG and a Dev Fund Reserve by Jack Gavigan
• Hybrid Deferred Dev Fund: Transitioning to a Non-Direct Funding Model by Jason McGee, Peacemonger & GGuy
• Lockbox For Decentralized Grants Allocation (20% option) by Kris Nuttycombe
• Masters Of The Universe? by Noamchom

The outcome of the poll to decide between the various Dev Fund proposals will be determined using a Majority Choice Approval (MCA-M or Modified Bucklin) voting method, which works as follows: Respondents rate each proposal on the 5-point scale. First, only the "Strongly Approve" ratings are counted. If one or more proposals is rated “Strongly Approve” by more than 50% of respondents, the proposal with the highest number is selected for implementation in NU6. If not, the number of "Approve" ratings is added to the "Strongly Approve" counts. If a proposal now is approved of by more than 50% of respondents, it is regarded as the preferred proposal. If there is still no clear consensus, "Neutral" ratings are added, and so on. The proposal with the highest combined total in each step is regarded as the preferred proposal if it reaches more than 50%.

In the event that two or more proposals garner majority support, but there is no clear community consensus, there will be a runoff poll.

Questions 8 and 9 solicit respondents’ input regarding the future evolution of the Dev Fund, specifically regarding direct versus non-direct funding models. For more context and information, please read the accompanying blog post.