Dora Factory, a leading platform for decentralized governance technology and public good funding, has announced a unique opportunity for ATOM stakers. On June 5, 2024, Dora Factory will be conducting a gas fee airdrop of their native token, $DORA, to all ATOM stakers. This airdrop campaign aims to engage the Cosmos community in the governance of the ATOM Economic Zone Quadratic funding program on DoraHacks.io. Over a million addresses are eligible to receive the $DORA token, making it one of the largest airdrops in history.
With the distribution of $DORA tokens to 1.05 million ATOM stakers, Dora Factory is paving the way for a new era of decentralized governance. The native token of Dora Vota, a decentralized governance application chain built on the Cosmos SDK, $DORA is set to empower the Cosmos community to participate in a groundbreaking public goods governance experiment.
Following the airdrop, Cosmos community members can take part in the ATOM Economic Zone (AEZ) quadratic funding initiative, a collaboration between DoraHacks, Dora Factory, and ATOM Accelerator DAO. Through this program, users can use their ATOM tokens to support early-stage developers, vote for public goods teams, and allocate funds for multiple rounds of AEZ Quadratic Funding and MACI voting. Additionally, $DORA can be used to cover gas fees, and all smart contracts for the quadratic voting rounds will be executed on the Dora Vota network.
The MACI (Minimal Anti-Collusion Infrastructure) privacy voting round organized by Dora Factory offers community members the opportunity to participate in a democratic voting process while maintaining their privacy. By utilizing MACI voting technology, Dora Factory aims to enhance governance practices within the Cosmos community and ensure secure and private voting experiences for all participants.
As part of their commitment to community-driven governance, Dora Factory will cover all voting fees during the MACI voting round using the Gas Station feature of Dora Vota. This initiative aligns with Cosmos Governance Proposal 917 and underscores Dora Factory’s dedication to fostering a transparent and inclusive governance ecosystem.
With the integration of the quadratic funding module into Dora Vota for the Cosmos Hub, the Cosmos community is poised to become a leading supporter of public goods on the blockchain. The upcoming two-year quadratic funding plan for the ATOM Economic Zone promises to usher in a new era of community-driven governance and innovation within the Cosmos ecosystem.
By embracing privacy-preserving governance practices through MACI implementation, the Cosmos community is embarking on a historic journey towards enhanced security and collaboration. With over a million addresses whitelisted for the largest voting experiment in MACI’s history, Dora Factory invites the Cosmos community to join forces and shape the future of decentralized governance together.
For more information about Dora Factory and their innovative products, visit DoraFactory.org. Explore the latest research and insights on decentralized governance on the Dora Research Blog at research.dorahacks.io.