Dora Factory

USDC

Cosmos

<div class="finbold">
 <p class="paragraph">Dora Factory, a decentralized governance technology and public goods funding platform, has announced a new gas fee <a rel="noopener noreferrer nofollow" title="airdrop" href="https://thebittimes.com/tag/airdrop.html">airdrop</a> of its native token, DORA, to all Cosmos (ATOM) <a rel="noopener noreferrer nofollow" title="stakers" href="https://thebittimes.com/tag/stakers.html">stakers</a>, according to the info disclosed to Finbold on June 6.&nbsp;</p>
 <p class="paragraph">Expected to mobilize over one million eligible addresses, the initiative is set to jumpstart the largest Minimum Anti Collusion Infrastructure (MACI) voting round in history.</p>
 <h2 class="wp-block-heading" id="h-empowering-the-cosmos-hub-ecosystem">Empowering the Cosmos Hub ecosystem</h2>
 <p class="paragraph">On June 5, ATOM <a rel="noopener noreferrer nofollow" title="stakers" href="https://thebittimes.com/tag/stakers.html">stakers</a> across the Cosmos Hub received DORA tokens, which marked a significant milestone, as the DORA token underpins Dora Vota, a decentralized governance application chain developed with the Cosmos source development kit (SDK).&nbsp;</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    How rich is Montana senator Jon Tester; Jon Tester's net worth revealed <span class="self-center text-xs text-slate-500">45 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    R. Kiyosaki predicts Bitcoin to hit $350k by this date <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    2 cryptocurrencies to reach $50 billion market cap in the second half of the year <span class="self-center text-xs text-slate-500">16 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    BNB Chain rockets to new heights: What’s fueling the surge?&nbsp; <span class="self-center text-xs text-slate-500">18 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">However, the new <a rel="noopener noreferrer nofollow" title="airdrop" href="https://thebittimes.com/tag/airdrop.html">airdrop</a> is not just a distribution of tokens — it’s a call to action for the Cosmos community.&nbsp;</p>
 <p class="paragraph">Known for its commitment to decentralized governance, Cosmos invites the community to partake in a democratic experiment focused on public goods funding.&nbsp;</p>
 <p class="paragraph">Participants can use ATOM to vote for and donate to public goods projects, support early-stage 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.&nbsp;</p>
 <h3 class="wp-block-heading" id="h-advancing-democratic-governance">Advancing democratic governance</h3>
 <p class="paragraph">The campaign is also an experiment aimed at harnessing community power to support public goods and promising nascent developers.&nbsp;</p>
 <p class="paragraph">The quadratic funding mechanism ensures that even small contributions from community members have a significant impact, promoting a more equal distribution of resources.</p>
 <h2 class="wp-block-heading" id="h-maci-privacy-voting">MACI privacy voting</h2>
 <p class="paragraph">Dora Factory is introducing MACI (Minimal Anti-Collusion Infrastructure) privacy voting, enhancing the security and anonymity of voters.&nbsp;</p>
 <p class="paragraph">This allows community members to express their opinions on public goods without revealing their identities.&nbsp;</p>
 <p class="paragraph">Those with more ATOM staked will have more voting power, or Voice Credits.&nbsp;</p>
 <p class="paragraph">A $20,000 USDC prize pool will be awarded to selected teams through this privacy-preserving voting process.</p>
 <p class="paragraph">To facilitate widespread participation, Dora Factory will implement Dora Vota’s native Gas Station feature to cover all voting fees for the MACI voting round.&nbsp;</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/dora-factory-announces-gas-fee-airdrop-for-cosmos-stakers-tbt91636.html">https://thebittimes.com/dora-factory-announces-gas-fee-airdrop-for-cosmos-stakers-tbt91636.html</a></p>

Dora Factory announces gas fee airdrop for Cosmos stakers

Table of Contents

TheBitTimes

Other articles published on Jun 6, 2024

Longevity expert: AI will help us become ‘biologically immortal’ from 2030

Top Crypto Presale Stories! Live Staking With MoonBag’s Cute Monkey Rises Above Fantom and Slothana

Privacy Protocol Backed By Vitalik Buterin (Co-Founder Of Ethereum) Announces Shutdown!

Jim Cramer Discusses SEC and Ripple Case

Dogecoin Holders In Profit By 84%, Will They Buy New Viral Meme Coin Set To Hit New Highs?

What is market depth in crypto?

Join our free newsletter for daily crypto updates!