Dora Factory announces gas fee airdrop for Cosmos stakers
Dora Factory, a platform for decentralized governance technology and public goods funding, has announced a new gas fee airdrop of its native token, DORA, to all Cosmos (ATOM) stakers. This information was disclosed to Finbold on June 6.
This initiative is expected to reach over one million eligible addresses and kick off the largest Minimum Anti Collusion Infrastructure (MACI) voting round in history.
Empowering the Cosmos Hub ecosystem, on June 5, ATOM stakers in the Cosmos Hub received DORA tokens. This event marked a significant milestone as the DORA token supports Dora Vota, a decentralized governance application chain built with the Cosmos source development kit (SDK).
The new airdrop is more than just a token distribution – it is a call to action for the Cosmos community. Known for its dedication to decentralized governance, Cosmos encourages the community to participate in a democratic experiment focused on funding public goods.
Participants can utilize ATOM to vote for and donate to public goods projects, support early-stage developers, and influence the distribution of an 80,000 ATOM and $200,000 USDC matching pool across ten rounds of AEZ Quadratic Funding and MACI voting.
This campaign is also an experiment intended to leverage community power to support public goods and emerging developers. The quadratic funding mechanism ensures that even small contributions from community members can have a significant impact, promoting a fairer distribution of resources.
Dora Factory is introducing MACI (Minimal Anti-Collusion Infrastructure) privacy voting to enhance the security and anonymity of voters. This enables community members to voice their opinions on public goods without revealing their identities. Those with more ATOM staked will have greater voting power, or Voice Credits. A $20,000 USDC prize pool will be awarded to selected teams through this privacy-preserving voting process.
To encourage broad participation, Dora Factory will implement Dora Vota’s native Gas Station feature to cover all voting fees for the MACI voting round.