In November 2025, the current Dev Fund established under ZIP 1015 will expire, and 100% of block rewards will be allocated to miners. If a new Dev Fund is not in place by the time ZIP 1015 expires in November 2025, 100% of block rewards will go to miners.
Today we opened a ZCAP poll intended to assess whether there is community consensus to create a new Dev Fund and corresponding funding model and, if so, which proposal is preferred. This poll is part of our ongoing commitment to ensuring that the Zcash community has a significant and meaningful role in shaping decisions concerning the future direction of Zcash.
ZCAP Poll Questions
In this poll we are asking the following questions, and provide the following response options.
Q1: Which of the following funding proposals do you support? You can select more than one proposal.
- Community and Coinholder Funding Model (C&C)
- Community-Governed Funding Model
- Pure Coinholder Funding Model
- Pure ZCAP Funding Model
- Zcash Governance Bloc (zBloc)
- The Dev Fund should end and 100% of the block reward should go to miners.
Below is a summary of the five proposals:
Community and Coinholder (C&C) Funding Model (C&C) : Allocates 8% of block rewards to ZCG and 12% to a Coinholder-Controlled Fund, active until the third halving in November 2028. It gives ZCG and coinholders distinct decision-making roles, with grants from the coinholder fund requiring 420,000 ZEC to be approved. For more information, see this link.
Community-Governed Funding Model: Allocates 8% to ZCG and 12% to a ZCAP-Controlled Fund managed by the Zcash Foundation. It prioritizes community consensus, with a 50% participation threshold for ZCAP voting, and secures funds in a multisig wallet. For more information, see this link.
Pure Coinholder Funding Model: Allocates 20% of block rewards to a Coinholder-Controlled Fund, active until the third halving. Grants require 420,000 ZEC for approval and are managed exclusively by coinholder voting. For more information, see this link.
Pure ZCAP Funding Model: Allocates 20% of block rewards to a ZCAP-Controlled Fund managed by the Zcash Foundation. All funding decisions are made by ZCAP, with a 50% participation threshold, and funds are held in a multisig wallet. For more information, see this link.
Zcash Governance Bloc (zBloc): Allocates 20% of block rewards to a Community Fund split into Large and Minor Grant pools. Governance is shared across constituencies like Coinholders, ECC, and ZF, each with adjustable voting power and thresholds. For more information, see this link.
Q2: Do you support prioritizing the extension of the Dev Fund and the implementation of a new funding model, even if it requires postponing NU7?
The results of ZCAP polls are advisory but serve as an important signal to ecosystem participants, funders, and developers. The poll will close at 12:00 am UTC on May 1, 2025 and results will be shared by May 5th.
We Support Community Consensus
While the Zcash Foundation Board recently voted unanimously to endorse the Community and Coinholder Funding Model (C&C) ZIP proposal, we deeply respect the voice of the Zcash community and are fully committed to upholding its collective decision even if it diverges from our Board’s recommendation. The Foundation will support the community’s choice and take the necessary steps to help implement it.
Why ZCAP Matters
This poll is part of our ongoing efforts to provide the Zcash community with a meaningful voice in decisions about the future of Zcash. As always, the results of ZCAP polls are non-binding but serve as an important signal to ecosystem participants, funders, and developers.
The ZCAP process is a transparent, community-driven way to surface the views and priorities of long-term Zcash supporters. Though advisory in nature, these votes play a vital role in informing decisions across the ecosystem. Thank you for lending your voice.
As always, we welcome feedback from the Zcash Community. If you have comments or suggestions, please join the conversation on the Zcash community forum.
