--- title: "Zcash co-founder proposes halting automatic grants funding as committee treasury tops $125 million" description: "Zcash co-founder Sean Bowe published a draft proposal to end automatic funding for the network's community grants program, according to CoinDesk, which reported that the redirect would send the committee's remaining 8% share of newly created ZEC to a reserve for future mining rewards. CoinDesk said…" language: en canonical: "https://whycoinmoves.com/en/events/zcash-zcash-co-founder-proposes-ending-b12f4b233aab3d" published: 2026-10-27T06:17:57.000Z updated: 2026-10-27T12:18:49.000Z indexable: true --- # Zcash co-founder proposes halting automatic grants funding as committee treasury tops $125 million Zcash co-founder Sean Bowe published a draft proposal to end automatic funding for the network's community grants program, according to CoinDesk, which reported that the redirect would send the committee's remaining 8% share of newly created ZEC to a reserve for future mining rewards. CoinDesk said… Attributed sources: [CoinDesk](), [Cointelegraph](), [The Block]() ## Key facts Zcash co-founder Sean Bowe published a draft proposal to end automatic funding for the network's community grants program, according to CoinDesk, which reported that the redirect would send the committee's remaining 8% share of newly created ZEC to a reserve for future mining rewards. CoinDesk said Bowe values the committee's remaining assets at $125.3 million using an illustrative ZEC price of $1,300. The Block reported the proposal cites a treasury of more than $125 million. Evidence strength: Multiple publishers, 3 publisher group(s) (CoinDesk, Cointelegraph, The Block). After site detection, observed returns were 5 minutes: -0.05% (difference from BTC +0.08 pp; 27/10/2026, 06:17 → 27/10/2026, 06:22, UTC; Gate · USDT); 1 hour: +0.66% (difference from BTC +0.90 pp; 27/10/2026, 06:17 → 27/10/2026, 07:17, UTC; Gate · USDT) In the preceding 30 days, the 99th percentile of absolute hourly returns was 3.96% (OKX · USDT; cutoff 27/10/2026, 06:17, UTC). ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | -0.05% | -0.13% | +0.08 pp | 27/10/2026, 06:17 → 27/10/2026, 06:22 | Gate · USDT | | 1 hour | +0.66% | -0.24% | +0.90 pp | 27/10/2026, 06:17 → 27/10/2026, 07:17 | Gate · USDT | ## Historical hourly baseline | Metric | Value | | --- | --- | | Coverage | 100.0% (720/720) | | Median absolute hourly return | 0.57% | | 99th percentile of absolute hourly returns | 3.96% | | BTC beta | 2.30 | | Source / cutoff (UTC) | OKX · USDT / 27/10/2026, 06:17 | ## Claims and open questions - CoinDesk reported that Bowe's draft would halt the automatic allocation and redirect the remaining 8% share of newly created ZEC into a reserve for future mining rewards, while the committee keeps existing assets and continues awarding grants from them. - CoinDesk reported that the committee's dashboard showed about 91,453 ZEC and $8.8 million, with $2.4 million committed to grantees, and that Bowe values the remaining balance at $125.3 million using a ZEC price of $1,300. - CoinDesk reported that at the network's target pace the committee receives about 144 ZEC a day, worth about $68 million a year, and that the Financial Privacy Foundation reported just over $1.5 million in program expenses for the first quarter. - Whether the draft ZIP will be formally submitted and reach a community vote, and what support it has among ZCG's elected committee or the community advisory panel. - How the Network Sustainability Mechanism reserve would be governed and disbursed once the redirected 8% allocation sits there for the remainder of the grants stream's term. ## Source evidence - [Zcash co-founder proposes ending grants funding, citing $125 million treasury]() — CoinDesk; published 27/10/2026, 06:14; received 27/10/2026, 06:17 (UTC). - [Zcash co-founder calls to stop funding ‘over $125M’ grants program]() — Cointelegraph; published 27/10/2026, 10:00; received 27/10/2026, 10:25 (UTC). - [Zcash co-founder proposes ending grants subsidy, citing $125 million treasury]() — The Block; published 27/10/2026, 12:05; received 27/10/2026, 12:06 (UTC). ## Recent ZEC events and market reactions - [Zakura proposes per-swap keys to stop future quantum computers linking Zcash swaps]() — Published 19/10/2026, 05:23 (UTC) · Multiple publishers (2 publishers) · General news · 5m +0.51% / 1h -0.39% - [Full coin archive]() ## Recent General news events on other coins - [SOL: Solana Foundation adds Boris Johnson and Martin Gilbert to Breakpoint 2026 lineup]() - [XRP: Ripple receives final OCC approval for national trust bank]() - [BTC: South Korea weighs fourth delay of 22% crypto tax to 2029]() - [General news]() ## Research for this archive - [Monero XMR and Zcash ZEC: delistings, liquidity and USD vs USDT]() Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished. [Methods and limitations]()