# Zcash Grants Committee Backs Down on Plan to Give Up 98,000 ZEC

*Author: David Christopher*
*Published: Nov 4, 2026*
*Source: https://www.bankless.com/read/news/zcash-grants-committee-backs-down-on-plan-to-give-up-98-000-zec*

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Zcash Community Grants (ZCG), the [five-member committee](https://www.bankless.com/read/news/zcash-co-founder-proposes-ending-zcg-s-8-block-reward-share) that funds Zcash development, [dropped](https://forum.zcashcommunity.com/t/zcg-gets-too-much-zec-heres-our-plan-to-fix-that/58566/84) its plan to redirect ~98,000 ZEC toward future mining rewards less than a week after [proposing it](https://x.com/ZcashCommGrants/status/2115806903184101544), saying "we've decided not to take this proposal forward." 

## What's the Scoop?

- **The Plan:** ZCG [had offered](https://forum.zcashcommunity.com/t/zcg-gets-too-much-zec-heres-our-plan-to-fix-that/58566) to move ~36,200 ZEC of its ~91,500 ZEC treasury into the Network Sustainability Mechanism, a reserve that pays miners slowly over decades, and to take less than half the new ZEC it's due by the 2028 halving. 

- **The Backlash:** ZCG gets 8% of all newly minted ZEC, about 144 coins a day, and ZEC's rally has turned it into what Zcash founder Zooko [calls](https://x.com/zooko/status/2116188413116490019) a "governance crisis." Critics [targeted](https://x.com/maxdesalle/status/2117415207781998636) a ZCG-funded campaign at an adult-industry convention, and Zcash Labs' Josh Swihart [argued](https://x.com/jswihart/status/2116179909752267006) "It's time to end the Zcash Dev Fund." 

- **What's Next:** The withdrawal leaves a [compromise](https://x.com/ebfull/status/2117582288234148206) from Sean Bowe and Zooko as the leading plan: it would end ZCG's 8% share, park it in a locked fund for future development and legal defense, and have ZCG give 50,000 ZEC to the miners' reserve. The whole dev fund expires in 2028. ZEC is [up](https://www.coingecko.com/en/coins/zcash) ~11% in the past 24 hours.
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