In 2021 Jason McGee proposed that ZIP 1014 be amended to provide the Major Grants Review Committee (aka the Zcash Community Grants Committee) with a Discretionary Budget. The proposal was approved by the Zcash Community Advisory Panel (ZCAP) in December 2021 - https://vote.heliosvoting.org/helios/elections/2d0787fc-61de-11ec-8619-8ee85a8a1b8a/view
The pull request amends ZIP 1014 to reflect the Zcash community's decision to provide the Major Grants Review Committee with a Discretionary Budget, funded out of the MG Slice of the Dev Fund.
The initial denomination (ZEC), annual budget (3% of the MG slice), cap ($1,000,000 USD) and floor ($250,000) were established in the same ZCAP poll that approved the proposal. Zcash Foundation will run a similar poll to allow ZCAP to change these parameters if requested to do so by the Major Grants Review Committee.
Co-authored-by: teor <teor@riseup.net>
Co-authored-by: Daira Hopwood <daira@jacaranda.org>
I request that my name please be removed from this ZIP. I do not support it and as a member of the Community Panel I voted against it. I merely provided @tromer with some brief feedback one evening about the copyright portions of the ZIP. I did give permission for my name to be mentioned publicly as having provided feedback, but I did not realize that my name would be part of the actual ZIP text. Thank you for considering my request.
(The previous wording could have allowed an interpretation of any allocation that sums to 20%
over four years, which was not the intent.)
Signed-off-by: Daira Hopwood <daira@jacaranda.org>
(originally one of the processes referred to was the Community Panel's
power to change the Funding Cap, which no longer exists).
Signed-off-by: Daira Hopwood <daira@jacaranda.org>
Clearer, and reflects common use in the forum and Helios poll.
Based on 1f851eb1c3
Co-authored-by: Eran Tromer <eran@tromer.org>
Signed-off-by: Daira Hopwood <daira@jacaranda.org>
Update Discussions-To: URL.
Delete section on differences from Matt Luongo's proposal.
Clarify wording on large or long-duration Major Grants.
Reporting requirement for how "fair market value" is computed.
RFC 2119 conformance language.
"$" -> USD.
Copyediting.
Co-Authored-By: Daira Hopwood <daira@jacaranda.org>
Co-Authored-By: George Tankersley <george@zfnd.org>
Co-Authored-By: Josh Cincinnati <acityinohio@users.noreply.github.com>
Signed-off-by: Daira Hopwood <daira@jacaranda.org>
Contains some text from b8f9eb3c0b
Co-Authored-By: Josh Cincinnati <acityinohio@users.noreply.github.com>
Signed-off-by: Daira Hopwood <daira@jacaranda.org>
No normative changes intended, other than removal of "new" in
item 4, which conflicts with the "maintain the existing teams
and capabilities" goal of this ZIP.
Originally
* 517562aae3
* f7277c6777
Co-Authored-By: Eran Tromer <eran@tromer.org>
Signed-off-by: Daira Hopwood <daira@jacaranda.org>