From 8c327e6a4c3d0f511d9f7cb9398641e1121c21fe Mon Sep 17 00:00:00 2001
From: Daira Hopwood <daira@jacaranda.org>
Date: Fri, 29 Nov 2019 03:29:30 +0000
Subject: [PATCH] ZIP 1012: fix an inconsistency between the Abstract and the
 Specification, as per
 https://forum.zcashcommunity.com/t/dev-fund-proposal-dev-fund-to-ecc-zfnd-major-grants/35364/43

Signed-off-by: Daira Hopwood <daira@jacaranda.org>
---
 zip-1012.html | 6 +++---
 zip-1012.rst  | 7 ++++---
 2 files changed, 7 insertions(+), 6 deletions(-)

diff --git a/zip-1012.html b/zip-1012.html
index e16b51ec..068faf18 100644
--- a/zip-1012.html
+++ b/zip-1012.html
@@ -67,9 +67,9 @@ Discussions-To: &lt;https://forum.zcashcommunity.com/t/dev-fund-proposal-dev-fun
                 <h3>Dev Fund allocation</h3>
                 <p>Starting at the first Zcash halving in 2020, until the second halving in 2024, 20% of the block rewards will be allocated to a "Dev Fund" that consists of the following three slices:</p>
                 <ul>
-                    <li>One third to the Electric Coin Company (denoted <strong>ECC slice</strong>);</li>
-                    <li>One third the Zcash Foundation, for general use (denoted <strong>ZF-GU slice</strong>);</li>
-                    <li>One third the Zcash Foundation, for major grants (denoted <strong>ZF-MG slice</strong>).</li>
+                    <li>35% for the Electric Coin Company (denoted <strong>ECC slice</strong>);</li>
+                    <li>25% for the Zcash Foundation, for general use (denoted <strong>ZF-GU slice</strong>);</li>
+                    <li>40% for additional "Major Grants" for large-scale long-term projects (denoted <strong>ZF-MG slice</strong>).</li>
                 </ul>
                 <p>Details below. The fund flow will be implemented at the consensus-rule layer, by sending the corresponding ZEC to the designated address in each block. This Dev Fund will end at the second halving (unless extended/modified by a future ZIP).</p>
                 <section id="ecc-slice-electric-coin-company">
diff --git a/zip-1012.rst b/zip-1012.rst
index 82ab064f..2ade5094 100644
--- a/zip-1012.rst
+++ b/zip-1012.rst
@@ -130,9 +130,10 @@ Starting at the first Zcash halving in 2020, until the second halving in 2024,
 20% of the block rewards will be allocated to a "Dev Fund" that consists of
 the following three slices:
 
-* One third to the Electric Coin Company (denoted **ECC slice**);
-* One third the Zcash Foundation, for general use (denoted **ZF-GU slice**);
-* One third the Zcash Foundation, for major grants (denoted **ZF-MG slice**).
+* 35% for the Electric Coin Company (denoted **ECC slice**);
+* 25% for the Zcash Foundation, for general use (denoted **ZF-GU slice**);
+* 40% for additional "Major Grants" for large-scale long-term projects
+  (denoted **ZF-MG slice**).
 
 Details below. The fund flow will be implemented at the consensus-rule layer,
 by sending the corresponding ZEC to the designated address in each block. This