Zcash holders to vote on pulling 50,000 ZEC, worth $50 million, from grants treasury
Summary
Zcash participants will vote on a proposal to remove a large portion of the community grants treasury from circulation. The plan would also redirect upcoming block rewards toward supporting new development and legal defense initiatives.
The proposal would remove more than half of Zcash Community Grants' ZEC holdings from circulation and redirect its future block rewards into a new development and legal-defense fund.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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