Zcash Proposes $61M Reserve Transfer from Grants Treasury
Zooko Wilcox and Sean Bowe support a plan to redirect Zcash's community grants funds to a miner reserve.
Zooko Wilcox and Sean Bowe support a plan to redirect Zcash's community grants funds to a miner reserve. Zcash (ZEC) is trading at ₹1,17,546 ($1,233.53), down 0.5% since this brief published. This is an original Token Times brief based on reporting by Unchained, with live market data added, as of Fri, 30 Oct 2026 22:00:01 UTC.
The proposal could significantly alter Zcash's funding model by shifting $61M from grants to miners, impacting future development and miner incentives.
- Proposal would end 8% block reward cut for Zcash Community Grants.
- Approximately $61M in ZEC would be moved to a miner reserve fund.
- Move comes after grants committee suggested a gradual funding reduction.
- ZEC price shows limited reaction, down 0.48% in 24 hours.
- Zcash Proposes Redirecting 8% of Block Subsidies from Grants to NSM Reserve
- Zcash Community Debates $46M Grant Refund Amid $125M Treasury Dispute
- Zcash Proposes $61M Reserve Transfer from Grants Treasury — this brief
Zooko Wilcox and Sean Bowe have backed a proposal to discontinue the 8% cut of block rewards that funds the 
Zcash Community Grants program.
The plan would allocate approximately $61 million in ZEC from the grants treasury to a reserve intended for future miner payouts.
This proposal comes a day after the grants committee suggested a gradual reduction in funding, signaling a potential shift in the project's financial strategy.
The move could have significant implications for Zcash's development trajectory and miner incentives, as it redirects funds from community projects to mining operations.
Despite the proposal's potential impact, ZEC's price has shown limited reaction, with a 0.48% decrease in the past 24 hours, trading at $1240.14.
Since this brief published about 2 hours ago, Zcash (ZEC) has moved from ₹1,18,175.56$1,240.14 to ₹1,17,545.68$1,233.53 — -0.53%.
The chart plots ZEC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ZEC ≈ ₹128,311.79 (about $1,233.53), down 2.9% over 24 hours. The rupee itself trades about 9.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Zcash Proposes $61M Reserve Transfer from Grants Treasury — questions & answers
What is the proposed change to Zcash's funding model?
The proposal would end the 8% block reward cut for Zcash Community Grants and move $61M in ZEC to a miner reserve fund.
Who supports this proposal?
Zooko Wilcox and Sean Bowe are the key supporters of the proposal.
How might this affect Zcash's price?
The proposal has not significantly impacted ZEC's price, which is down 0.48% in the past 24 hours.
How much is 1 Zcash worth in rupee today?
About ₹128,311.79 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1,233.53. The rupee price moves with both ZEC's US-dollar price and the USDT/INR rate; use our Zcash in rupee page for any amount.
Has Zcash's price moved since this brief was published?
ZEC is down 0.53% since this brief first published — trading at ₹1,17,546 ($1,233.53) now versus ₹1,18,176 ($1,240.14) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Unchained. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.