The Zcash development fund has grown to about $95 million following a rally in ZEC, prompting debate over whether it should expire under current rules in 2028 or continue. Dragonfly managing partner Haseeb Qureshi proposed making the current fund the final one, arguing it can finance Zcash’s remaining work and could become politicized as its value nears $100 million. The fund held 63,962 ZEC at press time, according to ZecStats. The fund receives 0.1875 ZEC per block, equal to 12% of the block subsidy under the NU6 upgrade, and its balance remains outside circulation until governance disbursement. Paradigm founder Matt Huang argued that continued funding is important amid AI cyber capabilities and quantum advances, while Winklevoss Capital investment analyst Maxime Desalle called for eliminating the fund. The debate also covers governance: Qureshi and Huang oppose pure token-holder voting, with Huang favoring a hybrid model and Qureshi supporting temporary councils elected by token holders. Zcash founder Zooko Wilcox said the Zcash Community Grants Committee helped the project survive and grow, but later clarified that it controls only 40% of the development fund.