Opportunity for Cosmos Stakers: Dora Factory Launches Gas-Free Airdrop of DORA Tokens!
Dora Factory has introduced an exciting opportunity for over one million ATOM stakers – an exclusive gas-free airdrop of its native cryptocurrency, DORA. This initiative is designed to allow the Cosmos community to engage in governance activities and funding while supporting public goods and developers through innovative voting technologies.
Highlights of the Airdrop Campaign
Here are some key points to note about the gas-free airdrop of DORA tokens:
- Dora Factory, a blockchain project focusing on building a decentralized autonomous organization (DAO) infrastructure on Polkadot Substrate, is behind the initiative.
- The ATOM stakers, representing over one million addresses, are eligible to participate in this airdrop.
- Participants will engage in the governance of the ATOM Economic Zone Quadratic Funding program, aimed at supporting public goods through democratic processes.
- The MACI (Minimum Anti Collusion Infrastructure) voting round introduced by Dora Factory is anticipated to be the largest of its kind, paving the way for innovative governance solutions.
Accessing DORA Tokens and Participating in Funding
Here’s how the Cosmos community can benefit from the DORA airdrop and engage in the funding process:
- All ATOM stakers received their DORA assets in their wallets on June 5, enabling them to take part in the upcoming funding round.
- Participants can utilize their ATOM holdings to vote for and contribute to public goods projects of their choice, support emerging developers, and influence the distribution of funds allocated for the initiative.
- The smart contracts for the quadratic voting round are deployed on the Dora Vota network, providing users with the ability to use DORA to cover gas fees.
Introducing Privacy-Enabled Voting Technology to Cosmos Community
Dora Factory is pushing boundaries by integrating cutting-edge privacy-enabled voting technology, specifically through MACI voting, to enhance governance processes within the Cosmos ecosystem. This move signifies a step towards incorporating secure and anti-collusion measures in governance practices.
Empowering Public Goods Support through Quadratic Funding
The quadratic funding module implemented by Dora Factory for the Cosmos Hub is set to revolutionize the support for public goods within the ecosystem. This initiative aims to make Cosmos one of the leading on-chain communities backing projects that benefit the entire community.
“The launch of the two-year quadratic funding plan for the ATOM Economic Zone in June 2024 has attracted a diverse range of projects, awaiting the active involvement and support of community members,” the announcement states.
Hot Take: A Bright Future for Cosmos Stakers!
In conclusion, the gas-free airdrop of DORA tokens by Dora Factory presents an exciting opportunity for ATOM stakers to engage in governance activities, support public goods, and contribute to the growth of the Cosmos ecosystem. By leveraging innovative voting technologies and funding mechanisms, participants can play a significant role in shaping the future of decentralized governance within the Cosmos community.
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