Zcash Community Grants (ZCG) has proposed redirecting about $46 million in Zcash tokens from its treasury to future block rewards, but industry figures criticized the move, demanding greater accountability for the fund.
On Thursday, ZCG proposed transferring 36,200 $ZEC from its roughly 91,500-$ZEC treasury to the Network Sustainability Mechanism (NSM), which reserves coins for future mining rewards. If approved, the committee would retain about 55,200 $ZEC, worth about $70 million at the time of writing.
The group also proposed forgoing about 62,000 $ZEC ($78.5 million) in future allocations and tapering its remaining funding until the 2032 halving. Together, the changes would redirect about 98,000 $ZEC (about $124 million) toward future block rewards.
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