Qureshi from Dragonfly is calling for the Zcash development fund to be shut down after 2028. The move has fired up debate around the dev fund’s future, especially now that ZEC’s rally has pushed the fund’s valuation past $95 million.

What Happened

Qureshi’s public statement zeroes in on how Zcash development will be funded after 2028. The topic’s front and center for both the Zcash community and industry watchers, since the dev fund—denominated in ZEC—has ballooned past $95 million thanks to the token’s recent price surge.

Why It Matters

The big question is how Zcash’s ecosystem will be funded going forward. With the dev fund’s size now supercharged by ZEC’s price jump, the community is actively debating whether to extend, tweak, or sunset the current funding mechanism.

What’s Next

Qureshi’s proposal targets the period after 2028. Expect ongoing discussion both within the Zcash community and among industry observers, since what’s at stake is the project’s future direction and how resources get allocated now that the dev fund is valued at over $95 million.