From a23752742b343a6f8c33853d586783621419a35b Mon Sep 17 00:00:00 2001 From: Daira Hopwood Date: Tue, 7 Jan 2020 15:59:39 +0000 Subject: [PATCH] ZIP 1014: remove redundant credit line and fix potentially bad incentive structure in volatility reserve. Originally https://github.com/zcash/zips/pull/308/commits/71de73058e3645c35a7208ef7a5276d03c3b37a5 Co-Authored-By: Josh Cincinnati Signed-off-by: Daira Hopwood --- zip-1014.rst | 5 +---- 1 file changed, 1 insertion(+), 4 deletions(-) diff --git a/zip-1014.rst b/zip-1014.rst index 37e98d40..45cb75db 100644 --- a/zip-1014.rst +++ b/zip-1014.rst @@ -5,7 +5,6 @@ Owner: Josh Cincinnati Original-Author: Eran Tromer Credits: Matt Luongo - Josh Cincinnati Howard Loo @aristarchus @dontbeevil @@ -202,9 +201,7 @@ following additional constraints: 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 - cost. The ECC will not be eligible for Major Grants if they have any funds - available in their slice's Volatility Reserve. (The intent is that - eventually ECC will not receive Major Grants.) + cost. (The intent is that eventually ECC will not receive Major Grants.) 4. Priority should be given to Major Grants that bolster teams with substantial (current or prospective) continual existence, and set them up