50,000 ZEC May Be Removed from Community Grants Treasury, Zcash Holders to Vote from November 16 to 30

Odaily Report: The Zcash community will vote from November 16 to 30 on a proposal to remove 50,000 ZEC from the community grants treasury, accounting for approximately 55% of the treasury's 91,453 ZEC. If the proposal passes and is activated in a network upgrade, ZCG will need to move these tokens out of circulation within 30 days, and their value will be counted toward the network sustainability mechanism reserve. The proposal also plans to stop ZCG's current 8% share of new ZEC issuance, which will instead accumulate into a new future development and legal defense fund until the next halving; the new fund will initially be unable to spend, and a separate proposal will be needed to clarify the withdrawal mechanism. ZCG will retain the remaining treasury and continue issuing grants, while the 12% fund controlled by token holders remains unchanged.