The Zcash Dev Fund ballot has now closed and the outcomes are in!
The aim of this ballot was to find out whether or not there’s clear consensus amongst the Zcash group {that a} new Dev Fund needs to be established when the present Dev Fund expires in November, and, if that’s the case, which Dev Fund proposal needs to be adopted.
Members of the Zcash Group Advisory Panel (ZCAP) have been requested to point their approval for every of the six proposals for a brand new Dev Fund, and for permitting the present Dev Fund to finish with out establishing a brand new Dev Fund.
Listed here are the outcomes:
Beneath the Majority Alternative Approval (MCA-M or Modified Bucklin) voting technique, the profitable proposal is the Lockbox for Decentralized Grants Allocation (20% possibility), which directs 20% of the block rewards to a lockbox, for future disbursement in a fashion that’s in line with outcomes of group polling.
Notice that cumulative percentages could not complete to 100% because of abstentions.
The ballot additionally requested voters to specific their approval of direct and non-direct funding fashions, with a further possibility of “I want to reserve judgment till extra details about a Non-Direct Funding Mannequin is on the market”.
Listed here are the outcomes:
Thanks to everybody who voted!
The submit Outcomes of the ZCAP Dev Fund ballot appeared first on Zcash Basis.
