Dragonfly's Qureshi calls to end Zcash dev fund after 2028 as ZEC rally lifts fund value above $95 million
The Zcash development fund's post-2028 structure is in focus (ZEC) as Dragonfly's Qureshi called for the program to end when its current funding window closes. A rally in ZEC carried the fund's value above $95 million…
Key takeaways
- Dragonfly's Qureshi called for the Zcash development fund to be wound down after 2028, when its current funding window closes.
- A rally in ZEC lifted the development fund's value above $95 million.
- The $95 million fund size means any governance outcome carries real weight for ZEC holders.
- The fund grows with the token's price, making it harder to argue for when prices rise and harder to argue away when prices fall.
- The next thing to watch is a formal governance proposal or community vote that turns the open argument into a binding decision.
The Zcash development fund's post-2028 structure is in focus (ZEC) as Dragonfly's Qureshi called for the program to end when its current funding window closes. A rally in ZEC carried the fund's value above $95 million, and that figure is now anchoring the debate moving through the Zcash community.
Industry watchers are engaging the question. Qureshi's position, attributed to Dragonfly, is that the development fund should be wound down after 2028. At $95 million, the fund's size means any governance outcome carries real weight for ZEC holders. A fund that grows with the token's price is harder to argue away when prices are falling; it is also harder to argue for when prices are rising and the project's own treasury becomes a talking point.
What to watch is a formal governance proposal or community vote that moves the conversation from an open argument to a binding decision for the Zcash ecosystem.
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Filed via cointelegraph.com