Dora Factory Launches Historic $DORA Token Airdrop to ATOM Stakers

A Milestone Airdrop for Decentralized Governance

Dora Factory has launched a significant governance initiative by distributing its native token, $DORA, to ATOM stakers. This airdrop, conducted on June 5, 2024, marks one of the largest distributions in history, targeting over 1.04 million addresses. The initiative aims to integrate the Cosmos community into its innovative governance platform, Dora Vota, leveraging the Cosmos SDK for decentralized governance applications.

Engaging the Cosmos Community

The airdrop empowers the Cosmos community to participate in the ATOM Economic Zone (AEZ) quadratic funding initiative. Through this program, community members can vote and donate to public goods projects, supporting early-stage developers. The initiative features an 80,000 ATOM and $200,000 USDC matching pool across ten rounds, showcasing a democratic governance experiment. The quadratic funding mechanism ensures that even smaller contributions significantly impact the distribution of funds.

Advanced Privacy Voting with MACI

Dora Factory introduces MACI (Minimal Anti-Collusion Infrastructure) privacy voting, enhancing voting privacy by allowing participants to express opinions without revealing their identities. With $20,000 USDC in prizes, the MACI voting method rewards selected teams based on their contributions. This marks the first privacy-centric voting attempt within the Cosmos community, setting a foundation for secure and private governance practices.

Dora Factory's Commitment to Community Empowerment

To facilitate participation in MACI voting, Dora Factory utilizes the native Gas Station feature of Dora Vota to cover all voting fees, demonstrating their dedication to accessible governance as outlined in Cosmos Governance Proposal 917. This initiative is not just about distributing rewards but is a step towards a larger democratic governance movement.

A Groundbreaking Governance Experiment

This initiative positions Dora Factory as a leader in decentralized governance, with a record-breaking whitelist of over one million addresses. As the community engages in this historic experiment, Dora Factory invites members to collectively create a momentous event in decentralized governance history.

Dora Factory continues to lead in decentralized governance protocols, providing sustainable incentives for global hacker movements and open-source communities. Through platforms like Dora Vota, it enables programmable governance mechanisms, reducing the costs and complexity of decentralized decision-making.

For more information on Dora Factory and its initiatives, visit DoraFactory.org or explore their research at research.dorahacks.io.