Zcash vote would pull 50,000 ZEC, worth $50 million, from grants treasury

Zcash holders are voting on a proposal to pull 50,000 ZEC, worth about $50 million, out of the Zcash Community Grants treasury. The plan would remove more than half of the grants program's ZEC holdings from circulation and redirect future block rewards into a new fund for development and legal defense. Traders care because the move would cut circulating supply and shift how ZEC issuance is spent, both of which could affect price and governance dynamics.