Dora Factory Announces Historic $DORA Airdrop to Over 1 Million ATOM Stakers in Largest MACI Voting Round Ever

Singapore, SIngapore, June 6th, 2024, Chainwire Dora Factory, the pioneering infrastructure of decentralized governance technology and public good

Web3 infrastructure provider Dora Factory has announced that over 1 million ATOM stakers will receive a gas fee airdrop of its native token, $DORA, as part of the largest-ever MACI (Minimum Anti Collusion Infrastructure) voting round.

The airdrop, which took place on June 5, 2024, is designed to encourage the Cosmos community to participate in the governance of its democratic public goods funding program, the ATOM Economic Zone Quadratic Funding, on DoraHacks.io.

With 1.04 million addresses whitelisted, the campaign marks a significant milestone in the implementation of privacy voting.

As per the announcement, all ATOM stakers have received $DORA tokens in their wallets. Being the native token of Dora Vota, a decentralized governance application chain developed by the Dora Factory using the Cosmos SDK, these tokens can be used to cover gas fees for voting on the Dora Vota network.

This airdrop is set to be one of the largest in history, spanning over one million addresses. Through this initiative, Dora Factory aims to mobilize the Cosmos community, which is renowned for its enthusiasm for decentralized governance, to participate in a crucial public goods governance experiment for the community.

Following the airdrop, Cosmos communities can participate in the ATOM Economic Zone (AEZ) quadratic funding initiative, which is jointly launched by DoraHacks, Dora Factory, and ATOM Accelerator DAO.

The initiative will see communities use ATOM to vote for and donate to public goods teams they value, support early-stage developers, and determine the distribution of an 80,000 ATOM and $200,000 USDC matching pool across 10 rounds of AEZ Quadratic Funding and MACI voting.

The smart contracts for this quadratic voting round are deployed on the Dora Vota network, enabling the community to use $DORA to cover gas fees.

This campaign extends beyond distributing the reward pool to early-stage projects and essential public goods in AEZ in the first round. It is designed as a democratic governance experiment to mobilize community power in supporting public goods and promising early-stage developers. The quadratic funding mechanism ensures that even small donations from community members have a substantial impact.

Dora Factory is also inviting community members to participate in MACI (Minimal Anti-Collusion Infrastructure) privacy voting, with a $20,000 USDC prize pool to be distributed among selected teams.

Unlike traditional quadratic voting, this method allows voters to express their opinions on public goods without revealing their identity (address). Addresses with more ATOM staked will receive more Voice Credits (voting power).

Through MACI voting, Dora Factory aims to introduce cutting-edge privacy-enabled voting technology to the Cosmos community. This initiative marks the beginning of integrating secure, private, and anti-collusion technologies into a wider range of governance use cases in the future.

To ensure every community member can participate in MACI voting without concerns, Dora Factory will implement Dora Vota’s native Gas Station feature to cover all voting fees for the MACI voting round. This fee subsidy is part of Dora Factory’s commitment to the community as outlined in Cosmos Governance Proposal 917.

With the quadratic funding module now natively implemented on Dora Vota for the Cosmos Hub, Cosmos has the potential to become one of the largest on-chain communities that supports public goods. The first round of the two-year quadratic funding plan for the ATOM Economic Zone, commencing in June 2024, has attracted numerous outstanding projects and awaits the attention and support of community members.

The implementation of MACI is a groundbreaking step for the Cosmos community, as it marks its first attempt at privacy voting. Dora Factory has whitelisted over 1 million addresses, setting a new record for the largest whitelist, and marking the largest voting experiment in MACI’s history. The Dora Factory team is excited to invite the Cosmos community to create a historic moment collectively.