ShieldedLabs · aphelionz · Mar 12, 2026 · Mar 12, 2026 · Mar 12, 2026 · Mar 12, 2026
diff --git a/zips/zip-0233.md b/zips/zip-0233.md
@@ -51,10 +51,12 @@ checks.
 # Abstract
 
 This ZIP proposes the introduction of a mechanism to voluntarily remove funds
-entirely from circulation on the network. This mechanism, in combination with
-ZIP 234 [^zip-0234] and ZIP 235 [^zip-0235], comprises a long-term strategy for
-the sustainability of the network. We will refer to the combined effects of
-these three ZIPs as the “Network Sustainability Mechanism”.
+entirely from circulation on the network. The explicit intent of this removal
+is that the funds will be returned to circulation through future block subsidies,
+rather than being permanently destroyed or held in reserve for discretionary use.
+This mechanism, in combination with ZIP 234 and ZIP 235 [^zip-0235], comprises a
+long-term strategy for the sustainability of the network. We will refer to the
+combined effects of these three ZIPs as the “Network Sustainability Mechanism”.
 
 
 # Motivation
@@ -66,7 +68,11 @@ design shared by Bitcoin-like systems:
    circulation, the network gains the ability to create "headroom" between the
    chain value and $\mathsf{MAX\_MONEY}$. This lays necessary groundwork for
    extending the block subsidy system, which currently has a clear final end
-   date.
+   date. The intent is that removed funds will be automatically and
+   algorithmically reissued through future block subsidies, sustaining the
+   network's long-term security budget, whether or not all three ZIPs
+   comprising the Network Sustainability Mechanism are deployed in the same
+   network upgrade.
 2. **Benefits to ZEC Holders:** Removing funds from circulation reduces the
    circulating supply of ZEC. To the extent that this potentially contributes to
    an increase in the value of remaining ZEC, it can be argued to benefit network
@@ -100,8 +106,8 @@ chain value pool, and therefore from the point at which the transaction is
 applied to the global chain state, $\mathsf{zip233\_amount}$ is subtracted from
 the issued supply. It is unavailable for circulation on the network at least
 through to the end of the block in which the transaction is mined. ZIP 234
-[^zip-0234] specifies a potential mechanism by which the funds removed from
-circulation would again become available.
+[^zip-0234] specifies a mechanism by which the funds removed from
+circulation may be reissued through future block subsidies.
 
 ## Changes to ZIP 230 [^zip-0230]
 

diff --git a/zips/zip-0234.md b/zips/zip-0234.md
@@ -112,10 +112,11 @@ mitigate the risks associated with abrupt changes in issuance rates.
 
 This new NSM-based issuance scheme addresses these problems by ensuring a more
 consistent and predictable rate of coin issuance, while preserving the core
-aspects of Zcash's issuance policy and the 21-million-coin cap. At the same
-time, it introduces the first mechanism to reissue and distribute ZEC that has
-been voluntarily removed from circulation, as well as transaction fees that are
-deliberately redirected into the reserve, over future block subsidies.
+aspects of Zcash's issuance policy and the 21-million-coin cap. Critically,
+it establishes the intended path for ZEC that has been voluntarily removed from
+circulation, as well as transaction fees that are deliberately redirected into
+the reserve: these funds are automatically and algorithmically reissued over
+future block subsidies, ensuring they benefit the network's long-term security.
 
 # Requirements
 

diff --git a/zips/zip-0235.md b/zips/zip-0235.md
@@ -44,9 +44,10 @@ ZIP 233. [^zip-0233]
 # Abstract
 
 This ZIP proposes to remove 60% of transaction fees from circulation, while
-the remaining 40% is directed as before, providing a deflationary effect, and
-building the groundwork for long-term support of the Zcash network via the new
-block subsidy rules proposed by ZIP 234 [^zip-0234].
+the remaining 40% is directed as before. The intent of this removal is that the
+funds will be automatically and algorithmically reissued through future block
+subsidies, rather than being permanently destroyed or held as a discretionary
+reserve.
 
 
 # Motivation
@@ -63,9 +64,8 @@ of the network as described below:
 
 1. **Network Sustainability**: This mechanism involves temporarily reducing the
    supply of ZEC, similar to asset burning in Ethereum’s EIP-1559 [^eip-1559],
-   but with long-term sustainability benefits, as the funds removed from
-   circulation effectively boost future mining rewards, making it an attractive
-   option for current and future Zcash users.
+   but with long-term sustainability benefits. Unlike a permanent burn, the
+   removed funds are intended to be reissued through future block subsidies.
 2. **Incentivizing Transaction Inclusion**: By maintaining a 40% share of
    transaction fees for miners, we continue incentivizing miners to prioritize
    including transactions in their blocks. This helps ensure the continued
@@ -81,9 +81,9 @@ of the network as described below:
    network's reputation and security.
 4. **Future-Proofing the Network**: Removing a portion of transaction fees from
    circulation is a forward-looking approach that prepares the Zcash network for
-   future challenges and opportunities. It establishes a financial buffer that
-   can be instrumental in addressing unforeseen issues and seizing strategic
-   advantages as the Zcash ecosystem evolves.
+   long-term sustainability. By returning these funds to circulation through
+   future block subsidies, the network maintains a viable security budget
+   beyond the original issuance schedule.
 
 
 # Requirements
@@ -167,8 +167,7 @@ support network sustainability, including but not limited to:
 # Deployment
 
 The implementation of this ZIP MUST be deployed at the same time or after
-ZIP 233 ("NSM: Removing Funds From Circulation" [^zip-0233]), and ZIP 234 ("NSM:
-Issuance Smoothing" [^zip-0234]).
+ZIP 233 ("NSM: Removing Funds From Circulation" [^zip-0233]).
 
 
 # References

diff --git a/zips/zip-0315.rst b/zips/zip-0315.rst
@@ -442,6 +442,25 @@ have an expiry height), and their balances as described in
 `Reporting of balances`_.
 
 
+Display of voluntary fund removal
+''''''''''''''''''''''''''''''''''
+
+Wallets that support voluntary removal of funds from circulation as specified
+in ZIP 233 [#zip-0233]_ SHOULD display clear, user-friendly messaging at
+transaction confirmation time explaining the purpose and effect of the removal.
+
+For example, a wallet might display:
+
+    "These funds will be used for network sustainability purposes. They will
+    be gradually reissued to support the long-term security of the Zcash
+    network."
+
+This guidance applies to user-initiated voluntary removals via ZIP 233. It
+does not apply to the automatic removal of transaction fees specified in
+ZIP 235 [#zip-0235]_, which occurs without user action and does not require
+explicit user confirmation.
+
+
 Transaction creation
 --------------------
 
@@ -780,6 +799,8 @@ References
 .. [#zip-0032-wallet-seeds] `ZIP 32: Shielded Hierarchical Deterministic Wallets — Specification: Wallet seeds <zip-0032.rst#specification-wallet-seeds>`_
 .. [#zip-0032-wallet-usage] `ZIP 32: Shielded Hierarchical Deterministic Wallets — Specification: Wallet usage <zip-0032.rst#specification-wallet-usage>`_
 .. [#zip-0203] `ZIP 203: Transaction Expiry <zip-0203.rst>`_
+.. [#zip-0233] `ZIP 233: Network Sustainability Mechanism: Removing Funds From Circulation <zip-0233.md>`_
+.. [#zip-0235] `ZIP 235: Remove 60% of Transaction Fees From Circulation <zip-0235.md>`_
 .. [#zip-0316] `ZIP 316: Unified Addresses and Unified Viewing Keys <zip-0316.rst>`_
 .. [#zip-0316-deriving-a-unified-address] `ZIP 316: Unified Addresses and Unified Viewing Keys — Deriving a Unified Address from a UIVK <zip-0316-deriving-a-unified-address-from-a-uivk.rst>`_
 .. [#zip-0317] `ZIP 317: Proportional Transfer Fee Mechanism <zip-0317.rst>`_