Zcash Holders to Vote on Pulling 50,000 ZEC From Grants Treasury

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Zcash holders are set to vote on a proposal to remove 50,000 ZEC, worth about $50 million, from the Zcash Community Grants treasury. The removal would take more than half of the group's ZEC holdings out of circulation. The proposal also calls for redirecting the treasury's future block rewards into a new fund for development and legal defense. The article frames the measure as a significant change to how the grants treasury is managed and funded.

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