Target Metrics and Key Performance Indicators
According to ZIP 1014:
ZF SHALL strive to define target metrics and key performance indicators, and the Major Grant Review Committee SHOULD utilize these in its funding decisions.
Here are the Foundation’s initial thoughts on these KPIs.
Amendment to ZF Bylaws
The Foundation has established an amendment to its Bylaws formalizing the relationship between the MGRC and ZF.
The MGRC has accepted the Zcash Foundation’s offer of administrative support to the grant committee. This support includes:
- Take meeting minutes of MGRC meetings
- Grants processing (paperwork, compliance, payment processing)
- Grants tracking: create tasks, calendar events, todos, final evaluations, performance, etc
The Foundation is also providing the logistical support through its current grant platform, adjusted for the needs of the MGRC. The Foundation will continue to fund this platform.
Additionally, the Foundation will cover the custodial fees of the MGRC funds. The MGRC funds have been accumulating since November 18 and are visible here.
We look forward to working with the MGRC and building out the Zcash ecosystem.