DORA Factory Airdrops DORA Tokens to ATOM Stakers, Supports Ecosystem Projects via Quadratic Funding

IconCryptoNewsTerminal Staff06 Jun, 2024

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DORA Factory Airdrops DORA Tokens to ATOM Stakers, Supports Ecosystem Projects via Quadratic Funding

DORA Factory, a DAO infrastructure platform, has announced an airdrop of its DORA governance token to ATOM stakers on the Cosmos Hub who participate in governance to cover their gas fees. This airdrop campaign is tied to the ATOM Commons Quadratic Funding governance, a public goods funding program for the Cosmos community. Through DORA Factory's "Minimum Anti-Collusion Infrastructure" (MACI) voting mechanism, ATOM stakers can support public goods, developers, and app chains within the ecosystem. As of Jan. 5th, DORA Factory has reportedly airdropped DORA to over 1 million ATOM staker wallets. These tokens can be used to pay for gas fees when interacting with projects and applications that utilize the DORA network. This strategic move by DORA Factory not only benefits ATOM stakers by reducing their gas expenses but also strengthens the Cosmos ecosystem by encouraging participation in governance and public goods funding. The airdrop and MACI voting mechanism aim to foster a more engaged and collaborative community within the Cosmos ecosystem.