Zcash Community Grants Abandons Its Own Funding Cut, Leaves Dev Fund’s Future to Governance

Key points

• Zcash Community Grants has decided to drop its proposal to reduce its funding share.
• Just four days prior, the committee suggested tapering its revenue and transferring roughly 36,200 ZEC from its treasury to a future miner reserve.
• Instead of enforcing this plan, the group determined that the Zcash ecosystem's standard governance process will dictate future treasury decisions.

Summarized automatically by Kryptokite from reporting by Unchained. Read the original sources for full detail.