Zcash founder says protocol paid over $8M in retroactive grants to contributors
- —Over $8 million in retroactive grants paid to Zcash contributors
- —Part of the funds went to those who defended users during AI vulnerability crisis
- —Holders of about $3 billion in ZEC took part in anonymous voting
- —Similar funding rounds are planned several times a year
Why it matters: The self-funding and anonymous governance model could serve as a template for sustainable protocol funding across the crypto industry.
Source: PANews