Zcash Co-founder Sean Bowe Proposes Ending ZCG Funding Stream, Citing $125M Treasury

Zcash developers are now focusing on where to redirect funding away from ZCG, which already holds over $100 million in its treasury. Zcash (ZEC) co-founder Sean Bowe proposed on Monday to end the 8% block reward share paid to Zcash Community Grants (ZCG), saying the program already holds over $125 million. Bowe filed the change as a draft Zcash Improvement Proposal (ZIP) that would send that reward share to the Network Sustainability Mechanism (NSM) until the stream’s scheduled end. That mechanism withholds the coins from issuance and starts paying them back out as block rewards in February 2031. Under the draft, ZCG would keep its existing treasury and could still approve grants from it. “The program was never designed to handle this amount of funding,” Bowe wrote on X. It’s time to turn off the ZCG funding stream. ZCG has over $125M in funding, and will receive millions more before the spigot is turned off. The program was never designed to handle this amount of funding. Draft ZIP: https://t.co/GAkRBeplwO — Sean Bowe (@ebfull) October 27, 2026 ZCG Is Owed 110,049 More ZEC Bowe’s figure comes from a dashboard linked on ZCG’s website. It listed 91,453 ZEC and $8.8 million in cash a...