Dora Factory Reveals Gas Fee Airdrop for Cosmos Stakers
Dora Factory, an innovative decentralized governance technology and platform for funding public goods, has recently announced a new gas fee airdrop of its native token, DORA, to all Cosmos (ATOM) stakers. This exciting development, shared with Finbold on June 6, is expected to reach over one million eligible addresses and kickstart the largest Minimum Anti Collusion Infrastructure (MACI) voting round ever seen.
The initiative aims to empower the Cosmos Hub ecosystem by distributing DORA tokens to ATOM stakers on June 5. This marks a significant achievement, as the DORA token serves as the foundation for Dora Vota, a decentralized governance application chain built using the Cosmos source development kit (SDK).
This airdrop is not just about distributing tokens; it is a call to action for the Cosmos community. Known for its dedication to decentralized governance, Cosmos invites community members to participate in a democratic experiment focused on funding public goods. Through this initiative, participants can vote for and contribute 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.
This campaign is designed to advance democratic governance by harnessing community power to support public goods and assist promising new developers. The quadratic funding mechanism ensures that even small contributions from community members make a significant impact, promoting a more equitable distribution of resources.
Additionally, 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 express their opinions on public goods projects without revealing their identities. Those with more ATOM staked will have greater voting power, or Voice Credits, in the process. A $20,000 USDC prize pool will be awarded to selected teams through this privacy-preserving voting method.
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. This initiative aims to make the voting process accessible to all community members and promote a more inclusive and transparent governance model.
