Zcash Co-Founder Proposes Ending Automatic ZCG Funding

• —Bowe's proposal would redirect the 8% block subsidy from ZCG to the Network Sustainability Mechanism
• —ZCG holds over $125 million: 91,452.98 ZEC and about $8.8 million in dollar assets
• —The current model could generate over $68 million a year for ZCG versus $1.53 million in quarterly FPF expenses
• —ZEC at $1,309 sits below its 20-day EMA of $1,345 as open interest fell to $2.86 billion