As reported by Odaily Planet Daily on November 12, 2026, the Zcash community was scheduled to vote from November 16 to 30 on a proposal to remove 50,000 ZEC from the community grants treasury. That amount represents about 55% of the treasury’s 91,453 ZEC.
If approved and activated in a network upgrade, the proposal would require ZCG to move the 50,000 ZEC out of circulation within 30 days. Their value would be counted toward a network sustainability reserve. The proposal would also end ZCG’s current allocation of 8% of newly issued ZEC. Instead, that share would accumulate in a new future development and legal defense fund until the next halving. The new fund could not initially be spent; withdrawals would require a separate proposal defining the mechanism.
ZCG would retain the rest of the community grants treasury and continue awarding grants. The token-holder-controlled 12% fund would remain unchanged. These were proposed changes, not reported outcomes of the vote or a network upgrade.
Original report · Published November 12, 2026, at 13:57 (UTC+8).