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Zcash holders to vote on pulling 50,000 ZEC, worth $50 million, from grants treasury

CoinDesk
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Zcash holders to vote on pulling 50,000 ZEC, worth $50 million, from grants treasury

The proposal would remove more than half of Zcash Community Grants' ZEC holdings from circulation and redirect its future block rewards into a new development and legal-defense fund.

Key Takeaways

  1. The proposal would remove more than half of Zcash Community Grants' ZEC holdings from circulation and redirect its future block rewards into a new development and legal-defense fund.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.