Dora Factory reveals gas fee airdrop for Cosmos stakers

Dora Factory, a cutting-edge technology platform for decentralized governance and public goods funding, has unveiled an exciting new initiative. They will be conducting a gas fee airdrop of their native token, DORA, to all Cosmos (ATOM) stakers. This announcement was shared with Finbold on June 6.

With an estimated participation of over one million eligible addresses, this initiative aims to kickstart the largest Minimum Anti Collusion Infrastructure (MACI) voting round ever seen. This move is set to empower the Cosmos Hub ecosystem.

On June 5, ATOM stakers within the Cosmos Hub ecosystem were pleasantly surprised to receive DORA tokens. This event marked a significant milestone as the DORA token serves as the foundation for Dora Vota, a decentralized governance application chain created using the Cosmos source development kit (SDK).

This airdrop is not just a token distribution but a call to action for the Cosmos community. Known for its dedication to decentralized governance, Cosmos is inviting the community to participate in a democratic experiment focused on funding public goods.

Participants can utilize their ATOM tokens to vote for and contribute to public goods projects, support emerging developers, and impact the allocation of an 80,000 ATOM and $200,000 USD Coin (USDC) matching pool across ten rounds of AEZ Quadratic Funding and MACI voting.

This campaign is also an experiment geared towards harnessing community power to support public goods and encourage budding developers. The quadratic funding mechanism ensures that even small 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 feature allows community members to voice their opinions on public goods without disclosing their identities. Those with more ATOM staked will have greater voting power, known as Voice Credits.

A $20,000 USDC prize pool will be available for selected teams through this privacy-preserving voting process. To encourage widespread participation, Dora Factory will be implementing Dora Vota’s native Gas Station feature to cover all voting fees for the MACI voting round.

Dora Factory Reveals 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 shared with Finbold on June 6.

The initiative is expected to reach over one million eligible addresses, kickstarting the largest Minimum Anti Collusion Infrastructure (MACI) voting round in history. This move aims to empower the Cosmos Hub ecosystem.

On June 5, ATOM stakers in the Cosmos Hub received DORA tokens, marking a significant milestone. The DORA token is the foundation of Dora Vota, a decentralized governance application chain built with the Cosmos source development kit (SDK).

The 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 use ATOM to vote for and donate to public goods projects, support emerging developers, and influence the distribution of an 80,000 ATOM and $200,000 USD Coin (USDC) matching pool across ten rounds of AEZ Quadratic Funding and MACI voting.

The campaign is not only about advancing democratic governance but also about leveraging community power to support public goods and budding developers. The quadratic funding mechanism ensures that even small contributions from community members make 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 express their views on public goods without revealing their identities. Those with more ATOM staked will have more 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 widespread participation, Dora Factory will utilize Dora Vota’s native Gas Station feature to cover all voting fees for the MACI voting round.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *