Dora Factory reveals gas fee airdrop for Cosmos stakers
Dora Factory, a platform for decentralized governance technology and public goods funding, has revealed a fresh gas fee airdrop of its native token, DORA, to all Cosmos (ATOM) stakers, as shared with Finbold on June 6th. Anticipated to engage more than a million eligible addresses, this move is designed to kickstart the largest Minimum Anti Collusion Infrastructure (MACI) voting round ever witnessed.
Empowering the Cosmos Hub ecosystem, ATOM stakers on the Cosmos Hub recently obtained DORA tokens, marking a significant milestone. The DORA token serves as the foundation for Dora Vota, a decentralized governance application chain built using the Cosmos source development kit (SDK).
However, this latest airdrop is not just a token distribution – it’s a call to action for the Cosmos community. Renowned for its dedication to decentralized governance, Cosmos encourages the community to participate in a democratic experiment centered on funding public goods. Participants can utilize ATOM to vote for and contribute to public goods projects, support emerging developers, and influence the allocation of an 80,000 ATOM and $200,000 USDC matching pool across ten rounds of AEZ Quadratic Funding and MACI voting.
This initiative is also an experiment aimed at leveraging community power to back public goods and budding developers. The quadratic funding mechanism ensures that even modest contributions from community members can have a significant impact, promoting a more equitable 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 express their views on public goods without disclosing their identities. Those with more ATOM staked will possess greater voting power, or Voice Credits. Through this privacy-preserving voting process, a $20,000 USDC prize pool will be granted to selected teams.
To encourage widespread participation, Dora Factory will implement Dora Vota’s native Gas Station feature to cover all voting fees for the MACI voting round.