TREE NEWS update: Sean Bowe, co-founder of Zcash, called to stop funding the Zcash Community Grants program, saying ZCG already holds enough money to continue supporting projects and that its share of new ZEC issuance should be redirected to a reserve for the network. The grants program has received over $125 million. Bowe did not specify how the reserve would be governed.
Zcash co-founder Sean Bowe calls to halt funding of $125M+ ZCG grants program
Bowe's intervention is notable less for the funding pause itself than for the governance gap it exposes: a co-founder proposing to redirect issuance toward a reserve without saying who controls it. That puts the debate squarely inside Zcash's own community, where ZCG's accumulated balance and its share of new issuance are the levers in question. For RWA and privacy-adjacent observers, the open question is whether this becomes a broader argument about treasury discipline in protocol-funded grant programs, and how the reserve would be governed if the redirect gains traction.
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