Dragonfly partner proposes ending Zcash Dev Fund after 2028 expiration

  • Haseeb Qureshi proposed ending Zcash's developer fund after its rules expire in 2028.
  • 63,962 ZEC in the fund was valued at about $95 million, according to ZecStats.
  • ZEC's price gains increased the fund's value and fueled industry debate over its future.

Dragonfly managing partner Haseeb Qureshi has proposed ending Zcash's developer fund when its current rules expire in 2028. He said the fund is large enough to finance Zcash's future development and could face politicization as its value approaches $100 million. ZecStats data shows the fund holds 63,962 ZEC, worth about $95 million. Its value has risen alongside ZEC's price, prompting broad industry discussion about whether the fund should continue.

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