PANews reported on November 12, 2026, at 13:54 UTC+8, citing CoinDesk, that the Zcash community was scheduled to vote from November 16 to 30 on a proposal affecting the Zcash Community Grants (ZCG) treasury and future ZEC issuance.
The proposal would remove 50,000 ZEC—about 55% of the treasury’s 91,453 ZEC—and return its value through future mining rewards. Approval alone would not trigger the removal: the proposal would also need to be activated in a network upgrade. ZCG would then have 30 days to take the coins out of circulation, with their value accounted for in a network sustainability mechanism reserve.
The proposal would also end ZCG’s current 8% share of new ZEC issuance. That share would instead accumulate in a new fund for future development and legal defense until the next halving. No one could initially spend from the fund; a separate proposal would have to define how withdrawals work.
ZCG would retain the rest of its treasury and continue awarding grants. The 12% fund controlled by token holders would remain unchanged. These are proposed changes, not measures the report says had already taken effect.
Source: panewslab.com (originally published 2026-11-12 13:54 UTC+8)
