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Trivial change to poke GitHub Pages. 

Signed-off-by: Daira Hopwood <daira@jacaranda.org>
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Daira Hopwood 2020-01-07 19:14:00 +00:00
parent 2db3287d57
commit b9b5ffc646
2 changed files with 2 additions and 2 deletions
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zip-1014.html
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@ -110,7 +110,7 @@ Discussions-To: &lt;https://forum.zcashcommunity.com/t/community-sentiment-polli
<section id="funding-target-and-volatility-reserve">
<h4>Funding Target and Volatility Reserve</h4>
<p>Each Dev Fund slice has a Funding Target, initially USD 700,000 for each slice. At the end of each calendar month, the fair market value of the Dev Fund ZEC received during that month will be computed, and the excess over the Funding Target SHALL be deposited into a dedicated Volatility Reserve account by the funds' recipient. ECC and ZF SHALL describe the methodology used to calculate fair market value in relevant reports described under <a href="#transparency-and-accountability">Transparency and Accountability</a>.</p>
<p>Each slice has its own separate Volatility reserve account, owned and managed by the recipient (ECC or ZF), but limited in how it may be used (i.e., analogously to some types of retirement or trust accounts). Funds may be withdrawn from the Volatility Reserve account only by that same party, in months where the aforementioned monthly ZEC value falls short of the Funding Target, and only to the extent needed to cover that shortfall.</p>
<p>Each slice has its own separate Volatility Reserve account, owned and managed by the recipient (ECC or ZF), but limited in how it may be used (i.e., analogously to some types of retirement or trust accounts). Funds may be withdrawn from the Volatility Reserve account only by that same party, in months where the aforementioned monthly ZEC value falls short of the Funding Target, and only to the extent needed to cover that shortfall.</p>
<p>The Volatility Reserve may be kept as ZEC, or sold and held as fiat currency or investments (whose profits will remain in the Volatility Reserve).</p>
<p>The Funding Target SHALL NOT be changed other than by unanimous agreement of ZF, ECC, and the majority vote of the Community Panel. (In case of excessive accumulation of reserves, the community MAY condition an increase of the Funding Target on the redirection of some of the reserves to a different entity, miners or an airdrop.)</p>
<p>Dev Fund ZEC that has been received, not placed in the Volatility Reserve, and has not yet been used or disbursed, SHALL be kept by the corresponding party (as ZEC, or sold and invested) for later use under the terms of the corresponding slice.</p>

2
zip-1014.rst
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@ -263,7 +263,7 @@ account by the funds' recipient. ECC and ZF SHALL describe the methodology
used to calculate fair market value in relevant reports described under
`Transparency and Accountability`_.
Each slice has its own separate Volatility reserve account, owned and
Each slice has its own separate Volatility Reserve account, owned and
managed by the recipient (ECC or ZF), but limited in how it may be used
(i.e., analogously to some types of retirement or trust accounts).
Funds may be withdrawn from the Volatility Reserve account only by that same