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Zcash ForumNovember 9, 20262 min read

ZIP: Establish the ZCG Treasury Committee

The ZCG grants committee makes grant decisions only, and no person may sit on both committees. ZCAP selects every member for a one-year term, sets their pay, and can remove a member by a two-thirds vote. Until the Treasury Committee is formed, the grants committee may not decide to buy or sell ZEC. The Treasury Committee must publish a ten-year budget, a treasury plan, and a strategy for hedging the risk of a fall in the price of ZEC by 31 March 2027, and update them every year. Pull request zcash/zips Draft ZIP: Establish the ZCG Treasury Committee (#1453) main ← emersonian:draft-emersonian-zcg-treasury-committee emersonian opened 01:09AM - 09 Nov 26 UTC +656 -0 ZCG grant decisions and treasury decisions are currently combined. This draft se … parates them and requires a published ten-year budget, treasury policy, and hedging strategy to steward the community's funding long-term. Discussion: https://forum.zcashcommunity.com/t/zip-establish-the-zcg-treasu

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ZIP: Establish the ZCG Treasury Committee — VeilSwap