Helius co-founder and CEO Mert Mumtaz dismissed Zcash Community Grants' proposal as nowhere near good enough, arguing the treasury was gargantuan and that spending decisions must be accountable to ZEC holders.

From the articleZcash Grants Group Proposes Redirecting $124 Million in Funding to Mining Rewards; Industry Criticizes PlanAlso in Zcash grants committee offers $46M back as critics demand coinholder control - Cryptopolitan, Zcash Grants Group Offers $46M Amid Governance Backlash