Zcash co-founder wants to end the grants subsidy, citing a $125M treasury. That puts the funding model on the table: holders have to price a leaner spend plan against less ecosystem support.

What happened: Zcash co-founder Sean Bowe proposed ending automatic grants funding, citing a treasury valuation of more than $125 million. Key numbers: Treasury valued at more than $125 million. Why it matters: The proposal would remove the automatic subsidy that funds grants, shifting how the project's treasury is allocated.

Zcash co-founder Sean Bowe proposed ending automatic grants funding, citing a treasury valuation of more than $125 million.

The proposal would remove the automatic subsidy that funds grants, shifting how the project's treasury is allocated.