diff --git a/zip-XXXX.rst b/zip-XXXX.rst index 6d786730..64671010 100644 --- a/zip-XXXX.rst +++ b/zip-XXXX.rst @@ -8,6 +8,19 @@ Created: 2019-09-27 License: MIT +Abstract +======== + +This proposal describes a structure for Zcash governance, including funding and +managing new Zcash development, decentralizing those development efforts, and +resolving governance hangups between the Zcash Foundation and the Electric Coin +Company. + +These goals are accomplished via a 20% dev fee, enacted in NU4, as much as half +of which is burned in the case of a robust ZEC price. This fee will fund a +diverse group of development teams to ensure Zcash maintains best-in-class +research and engineering talent while growing a robust ecosystem. + Motivation ==========