Dora Factory announces Cosmos stakers will receive gas fee airdrop
Dora Factory, a platform for decentralized governance technology and public goods funding, has recently announced a gas fee airdrop of its native token, DORA, to all Cosmos (ATOM) stakers. This information was shared with Finbold on June 6.
Anticipated to reach over one million eligible addresses, this initiative aims to kickstart the largest Minimum Anti Collusion Infrastructure (MACI) voting round in history.
By empowering the Cosmos Hub ecosystem, ATOM stakers within the Cosmos Hub recently received DORA tokens on June 5. This marks a significant milestone 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 merely a token distribution; it is a call to action for the Cosmos community. Known for its dedication to decentralized governance, Cosmos encourages community involvement in a democratic experiment focused on funding public goods.
Participants have the opportunity to vote for and donate to public goods projects, support emerging developers, and influence 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 serves as an experiment to harness community power in supporting public goods and budding developers. The quadratic funding mechanism ensures that even small contributions from community members make 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, allowing 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 available for selected teams through this privacy-preserving voting process. To encourage broad participation, Dora Factory will utilize Dora Vota’s native Gas Station feature to cover all voting fees for the MACI voting round.
