TREE NEWS update: Zcash co-founder Sean Bowe has proposed ending the protocol’s automatic grants funding, citing a treasury valuation of more than $125 million. The proposal would halt the automatic allocation of funds to the Zcash grants program, which supports development and community projects. Bowe is a co-founder of the privacy-focused cryptocurrency Zcash.
Zcash co-founder Sean Bowe proposes ending automatic grants funding
The proposal reframes a governance question as a balance-sheet one: with the treasury valued above $125 million, the argument for automatic protocol-level funding weakens, and discretionary control becomes the alternative. This matters most for grants-dependent developers and community projects, whose funding continuity would hinge on governance decisions rather than a built-in mechanism. Whether the Zcash community treats a healthy treasury as reason to stop automatic allocations or as reason to keep them is the open question worth watching.
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