zec
/
zips
mirror of https://github.com/zcash/zips.git
1
0
Fork 0
Code Issues Projects Releases Wiki Activity

Update draft-zf-community-dev-fund-2-proposal.rst 

Changes based on @str4d's feedback.
This commit is contained in:
Jack Gavigan 2024-07-03 01:03:25 +01:00 committed by GitHub
parent e72eb6e707
commit dc68efd40b
No known key found for this signature in database
GPG Key ID: B5690EEEBB952194
1 changed files with 12 additions and 8 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

20
draft-zf-community-dev-fund-2-proposal.rst
View File

@ -48,6 +48,10 @@ nonprofit corporation of that name.
Islands-incorporated non-profit foundation company limited by guarantee of Islands-incorporated non-profit foundation company limited by guarantee of
that name. that name.
"Autonomous Entities" refers to committees, DAOs, teams or other groups to
which FPF provides operations, administrative, and financial management
support.
"Section 501(c)(3)" refers to that section of the U.S. Internal Revenue Code "Section 501(c)(3)" refers to that section of the U.S. Internal Revenue Code
(Title 26 of the U.S. Code). [#section501c3]_ (Title 26 of the U.S. Code). [#section501c3]_
@ -150,12 +154,6 @@ execution; but it should strive to support and use these once they are built.
The Dev Fund should comply with legal, regulatory, and taxation constraints in The Dev Fund should comply with legal, regulatory, and taxation constraints in
pertinent jurisdictions. pertinent jurisdictions.
This ZIP recognizes there is strong community support for a non-direct funding
model. As such, BP, ECC and ZF MUST collaborate with the Zcash community to
research and explore the establishment of a non-direct funding model. The
research should consider potential designs as well as possible legal and
regulatory risks.
Non-requirements Non-requirements
================ ================
@ -425,6 +423,12 @@ different mechanism for ecosystem development funding.
BP, ECC, ZF and FPF SHOULD facilitate the amendment or replacement of the Dev BP, ECC, ZF and FPF SHOULD facilitate the amendment or replacement of the Dev
Fund if there is sufficient community support for doing so. Fund if there is sufficient community support for doing so.
This ZIP recognizes there is strong community support for a non-direct funding
model. As such, BP, ECC and ZF MUST collaborate with the Zcash community to
research and explore the establishment of a non-direct funding model. The
research should consider potential designs as well as possible legal and
regulatory risks.
Future Community Governance Future Community Governance
--------------------------- ---------------------------
@ -443,7 +447,7 @@ ZF Board Composition
-------------------- --------------------
Members of ZF's Board of Directors MUST NOT hold equity in ECC or have current Members of ZF's Board of Directors MUST NOT hold equity in ECC or have current
business or employment relationships with ECC. business or employment relationships with ECC or BP.
The Zcash Foundation SHOULD endeavor to use the Zcash Community Advisory Panel The Zcash Foundation SHOULD endeavor to use the Zcash Community Advisory Panel
(or successor mechanism) as advisory input for future board elections. (or successor mechanism) as advisory input for future board elections.
@ -453,7 +457,7 @@ FPF Board Composition
-------------------- --------------------
Members of FPF's Board of Directors MUST NOT hold equity in ECC or have current Members of FPF's Board of Directors MUST NOT hold equity in ECC or have current
business or employment relationships with ECC. business or employment relationships with ECC or BP.
Acknowledgements Acknowledgements