Dora Factory Launches Largest MACI Governance Voting With Over 1.04M Participants
In Brief
Dora Factory deployed a MACI voting contract on the Dora Vota blockchain and initiated the second round of the AEZ Quadratic Grant.
Decentralized governance infrastructure, Dora Factory successfully completed the deployment of a million-scale Minimal Anti-Collusion Infrastructure (MACI) voting contract on the Dora Vota blockchain and initiated the second round of the AEZ Quadratic Grant.
This round is supported by an 8,000 ATOM and 20,000 USDC grant funding pool, offered by Cosmos Hub and ATOM Accelerator (AADAO) from Cosmos Prop#917. The submission period for grant proposals is currently underway and will continue until July 3rd.
MACI is a private, on-chain voting system. It is engineered to offer secure voting solutions, utilizing zero-knowledge proofs to enact a receipt-free voting scheme. This design ensures that only the vote coordinator can verify how a particular user voted, preserving the anonymity and integrity of the voting process.
This MACI vote will distribute a portion of the AEZ quadratic funding allocated by AADAO, with 1.05 million staking addresses on CosmosHub being included in the whitelist for this extensive MACI voting round. Dora Factory has already distributed Dora Vota network fees to 1.04 million addresses holding ATOM delegations on the CosmosHub, while the supplementary fees associated with MACI contract interactions will be managed by the MACI fee gas station.
This MACI voting round represents the initial trial of large-scale on-chain privacy governance technology undertaken by Dora Factory in collaboration with the cryptocurrency community.
CosmosHub Approved $1M Funding For Dora Factory And DoraHacks AEZ Quadratic Projects
Earlier, CosmosHub approved the historic governance proposal Cosmos Prop#917, dedicating $1 million to support Dora Factory and DoraHacks AEZ quadratic funding projects. This initiative aims to support public good projects in their early stages and open-source ventures within the ATOM Economic Zone over the upcoming two-year period.
Dora Factory serves as digital infrastructure, generating protocols, tools, and public good frameworks to support the growth of open-source communities and pioneering technology developers.
In the initial round of the AEZ Quadratic Grant, a total of eight public goods projects received funding. These projects will continue to receive funding until their development ceases or they secure significant additional funding.
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
