From 9dc6913989d8ad6320693552b97c1aea05ad558f Mon Sep 17 00:00:00 2001 From: George Tankersley Date: Tue, 7 Jan 2020 11:35:47 -0500 Subject: [PATCH] zip-1014: clarify review of indefinite duration grants Signed-off-by: Daira Hopwood --- zip-1014.html | 2 +- zip-1014.rst | 6 +++--- 2 files changed, 4 insertions(+), 4 deletions(-) diff --git a/zip-1014.html b/zip-1014.html index f3a01396..73236b8b 100644 --- a/zip-1014.html +++ b/zip-1014.html @@ -91,7 +91,7 @@ Discussions-To: <https://forum.zcashcommunity.com/t/community-sentiment-polli

The funds SHALL be received and administered by ZF. ZF MUST disburse them as "Major Grants", within the framework of ZF's grant program but subject to the following additional constraints:

  1. These funds MUST only be used to issue Major Grants to external parties that are independent of ZF. They MUST NOT be used by ZF for its internal operations and direct expenses.
    2. -
  2. Major Grants SHOULD support well-specified work proposed by the grantee, at reasonable market-rate costs. They can be of any duration, or ongoing without a duration limit, but have semiannual review points for continuation of funding.
    3. +
  3. Major Grants SHOULD support well-specified work proposed by the grantee, at reasonable market-rate costs. They can be of any duration or ongoing without a duration limit. Grants of indefinite duration SHOULD have semiannual review points for continuation of funding.
  4. Major Grants may be issued to ECC only if there are no other proposals to perform the specified work with similar capabilities, effectiveness and cost. (The intent is that eventually ECC will not receive Major Grants.)
  5. Priority SHOULD be given to Major Grants that bolster teams with substantial (current or prospective) continual existence, and set them up for long-term success, subject to the usual grant award considerations (impact, ability, risks, team, cost-effectiveness, etc.). Priority SHOULD be given to Major Grants that support ecosystem growth through mentorship, coaching, technical resources, creating entrepreneurial opportunities, etc. If one proposal substantially duplicates another's plans, priority SHOULD be given to the originator of the plans.
  6. Major Grants SHOULD be awarded based on ZF's mission and values, restricted to furthering of the Zcash cryptocurrency and its ecosystem (which is more specific than furthering financial privacy in general).
    7. diff --git a/zip-1014.rst b/zip-1014.rst index 8a943895..479dbe5d 100644 --- a/zip-1014.rst +++ b/zip-1014.rst @@ -179,9 +179,9 @@ following additional constraints: operations and direct expenses. 2. Major Grants SHOULD support well-specified work proposed by the grantee, - at reasonable market-rate costs. They can be of any duration, or ongoing - without a duration limit, but have semiannual review points for - continuation of funding. + at reasonable market-rate costs. They can be of any duration or ongoing + without a duration limit. Grants of indefinite duration SHOULD have + semiannual review points for continuation of funding. 3. Major Grants may be issued to ECC only if there are no other proposals to perform the specified work with similar capabilities, effectiveness and