A Zcash community vote scheduled for November 16–30 will consider a proposal to remove 50,000 ZEC from the community grants treasury. That is about 55% of its reported 91,453 ZEC balance, according to a November 12 PANews report citing CoinDesk.
If approved and activated through a network upgrade, Zcash Community Grants (ZCG) would have 30 days to take the 50,000 ZEC out of circulation. The proposal calls for their value to be returned through future mining rewards and counted in a network sustainability mechanism reserve.
The proposal would also redirect the 8% share of new ZEC issuance currently received by ZCG to a new fund for future development and legal defense until the next halving. No one could initially spend from that fund; a separate proposal would have to establish a withdrawal mechanism. ZCG would retain the rest of its treasury and continue awarding grants, while the separate 12% fund controlled by token holders would remain unchanged.
For valuation, the distinction is between a proposed change to circulating supply and a proposed change in where future issuance goes. Neither has taken effect under the conditions described in the report, and the report does not establish a resulting asset value.
Original report: PANews, November 12, 2026, 13:54 UTC+8.