mirror of https://github.com/zcash/zips.git
ZIP 1014: remove redundant credit line and fix potentially bad incentive structure in volatility reserve.
Originally 71de73058e
Co-Authored-By: Josh Cincinnati <acityinohio@users.noreply.github.com>
Signed-off-by: Daira Hopwood <daira@jacaranda.org>
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@ -5,7 +5,6 @@
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Owner: Josh Cincinnati <josh@zfnd.org>
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Owner: Josh Cincinnati <josh@zfnd.org>
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Original-Author: Eran Tromer
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Original-Author: Eran Tromer
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Credits: Matt Luongo
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Credits: Matt Luongo
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Josh Cincinnati
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Howard Loo
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Howard Loo
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@aristarchus
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@aristarchus
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@dontbeevil
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@dontbeevil
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@ -202,9 +201,7 @@ following additional constraints:
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3. Major Grants may be issued to ECC only if there are no other proposals
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3. Major Grants may be issued to ECC only if there are no other proposals
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to perform the specified work with similar capabilities, effectiveness and
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to perform the specified work with similar capabilities, effectiveness and
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cost. The ECC will not be eligible for Major Grants if they have any funds
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cost. (The intent is that eventually ECC will not receive Major Grants.)
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available in their slice's Volatility Reserve. (The intent is that
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eventually ECC will not receive Major Grants.)
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4. Priority should be given to Major Grants that bolster teams with
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4. Priority should be given to Major Grants that bolster teams with
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substantial (current or prospective) continual existence, and set them up
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substantial (current or prospective) continual existence, and set them up
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