Dora Factory Announces Historic $DORA Airdrop to Over 1 Million ATOM Stakers in Largest MACI Voting Round Ever
Singapore,
SIngapore,
June
6th,
2024,
Chainwire
Dora
Factory,
the
pioneering
infrastructure
of
decentralized
governance
technology
and
public
good
funding,
announces
the
gas
fee
airdrop
of
its
native
token,
$DORA,
to
all
ATOM
stakers
on
June
5,
2024.
Over
one
million
addresses
are
eligible
to
receive
$DORA
token,
with
the
airdrop
campaign
inviting
the
Cosmos
community
to
participate
in
the
governance
of
its
democratic
public
goods
funding
program,
the
ATOM
Economic
Zone
Quadratic
Funding,
on
DoraHacks.io.
With
1.04
million
addresses
whitelisted,
the
privacy
voting
round
implemented
by
the
Dora
team
will
be
the
largest
MACI
(Minimum
Anti
Collusion
Infrastructure)
voting
round
ever.
1.04
million
ATOM
stakers
are
eligible
for
the
airdrop
On
June
5,
all
ATOM
stakers
have
received
$DORA
tokens
in
their
wallets.
$DORA
is
the
native
token
of
Dora
Vota,
a
decentralized
governance
application
chain
developed
by
the
Dora
Factory
using
the
Cosmos
SDK.
This
airdrop
is
one
of
the
largest
in
history.
With
over
one
million
addresses,
Dora
Factory
aims
to
mobilize
the
Cosmos
community,
known
for
its
passion
for
decentralized
governance,
to
participate
in
a
crucial
public
goods
governance
experiment
for
the
community.
Empowering
Community
with
AEZ
Funding
and
MACI
Voting
After
receiving
the
airdrop,
Cosmos
communities
can
participate
in
the
ATOM
Economic
Zone
(AEZ)
quadratic
funding
initiative
jointly
launched
by
DoraHacks,
Dora
Factory,
and
ATOM
Accelerator
DAO.
They
can
use
ATOM
to
vote
for
and
donate
to
public
goods
teams
they
value,
support
early-stage
developers,
and
determine
the
distribution
of
an
80,000
ATOM
and
$200,000
USDC
matching
pool
across
10
rounds
of
AEZ
Quadratic
Funding
and
MACI
voting.
The
smart
contracts
for
this
quadratic
voting
round
are
deployed
on
the
Dora
Vota
network,
and
the
community
can
use
$DORA
to
cover
gas
fees.
This
campaign
goes
beyond
merely
distributing
the
reward
pool
to
early-stage
projects
and
essential
public
goods
in
AEZ
in
the
first
round;
it
is
a
democratic
governance
experiment
designed
to
mobilize
community
power
in
supporting
public
goods
and
promising
early-stage
developers.
The
quadratic
funding
mechanism
ensures
that
even
small
donations
from
community
members
have
a
substantial
impact.
MACI
Voting
With
Enshrined
Privacy
Dora
Factory
invites
community
members
to
participate
in
MACI
(Minimal
Anti-Collusion
Infrastructure)
privacy
voting,
distributing
a
$20,000
USDC
prize
pool
to
selected
teams.
Unlike
traditional
quadratic
voting,
this
method
allows
voters
to
express
their
opinions
on
public
goods
without
revealing
their
identity
(address).
Addresses
with
more
ATOM
staked
will
receive
more
Voice
Credits
(voting
power).
Through
MACI
voting,
Dora
Factory
aims
to
introduce
cutting-edge
privacy-enabled
voting
technology
to
the
Cosmos
community.
This
initiative
marks
the
beginning
of
integrating
secure,
private,
and
anti-collusion
technologies
into
a
wider
range
of
governance
use
cases
in
the
future.
Dora
Factory’s
Dedication
To
ensure
every
community
member
can
participate
in
MACI
voting
without
concerns,
Dora
Factory
will
implement
Dora
Vota’s
native
Gas
Station
feature
to
cover
all
voting
fees
for
the
MACI
voting
round.
This
fee
subsidy
represents
Dora
Factory’s
commitment
to
the
community
outlined
in
Cosmos
Governance
Proposal
917.
A
Historical
Community
Governance
Ceremony
With
the
quadratic
funding
module
now
natively
implemented
on
Dora
Vota
for
the
Cosmos
Hub,
Cosmos
has
the
potential
to
become
one
of
the
largest
on-chain
communities
that
supports
public
goods.
The
first
round
of
the
two-year
quadratic
funding
plan
for
the
ATOM
Economic
Zone
commencing
in
June
2024
has
attracted
numerous
outstanding
projects
and
awaits
the
attention
and
support
of
community
members.
The
Largest
Privacy-Preserving
Governance
Experiment
MACI
implementation
is
a
groundbreaking
step
for
the
Cosmos
community,
as
its
first
privacy
voting
attempt.
Dora
Factory
has
whitelisted
over
1
million
addresses,
setting
a
new
record
for
the
largest
whitelist,
and
marking
the
largest
voting
experiment
in
MACI’s
history.
The
Dora
Factory
team
is
excited
to
invite
the
Cosmos
community
to
create
a
historic
moment
collectively.
About
Dora
Factory
Dora
Factory
is
at
the
forefront
of
decentralized
governance
protocol
stacks,
providing
governance
and
long-term
incentives
for
the
global
hacker
movement,
open-source
communities,
and
decentralized
organizations
through
Public
Good
Staking
and
Dora
Vota.
The
platform
has
pioneered
the
development
of
public
good
staking
infrastructure,
revolutionizing
the
way
developers
are
funded
long-term
in
the
PoS
ecosystem.
Additionally,
Dora
Vota
offers
a
comprehensive
decentralized
governance
platform,
enabling
users
to
create
programmable
governance
mechanisms
such
as
MACI
and
quadratic
voting
through
its
open
platform.
This
reduces
the
cost
of
decentralized
governance,
laying
a
solid
foundation
for
its
widespread
adoption.
To
better
understand
and
try
the
products
of
Dora
Factory,
users
can
visit
DoraFactory.org.
Users
can
visit
Dora
Research
Blog
for
more
details:
research.dorahacks.io
Contact
Contributor
Chris
Lee
Dora
Factory
[email protected]
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