The purpose of this 6-minute survey is to gather community sentiment regarding Zcash leadership and the upcoming Dev Fund decisions. Its findings will help improve future polls used in decision-making.
Context for questions about funding models.
Currently, all Dev Fund proposals fall into one of the two categories:
- Direct Funding model proposals
- Non-Direct Funding model proposals
What is a Direct Funding model?
Under the Direct Funding model, a number of specific wallet addresses get written directly into the protocol, enabling select recipients to recive guaranteed funding for a set period of time. This is how the current Dev Fund model works. If the Zcash community wants to continue with this funding model, these are some of the key decicions it needs to make:
- What percentage of block rewards should be allocated to the Dev Fund after November 2024?
- Which recipients should be added to the protocol? How long should the guaranteed funding last for each recipient?
What is a Non-Direct Funding model?
Under the Non-Direct Funding model, individual wallet addresses are removed from the protocol. A percentage of block rewards is allocated to a multi-sig wallet, from which the funds are released to Zcash builders and contributors by consensus among designated groups of Zcashers and, possibly, coin holders. This is a grants-based model where Dev Fund recipients, regardless of their size and status, have to submit concrete proposals and compete for funding. If the Zcash community wants to go with this new approach, these are some of the key decicions it needs to make:
- What percentage of block rewards should be allocated to the Dev Fund after November 2024?
- Which individuals or groups should be able to vote on fund allocation? How can new individuals and groups be added or removed from the group of decision-makers?
*Note that the Non-Direct Funding model could take longer to define, get consensus on, and implement.
Thank you for participating!