Bittime - Dora Factory, a decentralized infrastructure for governance, has just airdropped transaction fees to one million Dora Vota addresses. What is the purpose of this airdrop? Read the article below to the end to find out!
Gas Fee Airdrop for Dora Vota
This airdrop aims to facilitate community participation in the second round of quadratic governance voting and privacy voting for AEZ crypto assets on Cosmos Hub.
This airdrop was aimed at the Dora Vota address associated with CosmosHub's 1.04 million staking addresses. In other words, all CosmosHub staking addresses active in a given period now have sufficient Dora Vota balance to participate in AEZ voting.
Check Today's Crypto Market:
Encourage Participation in AEZ Voting
This gas fee airdrop is expected to encourage wider participation in the upcoming AEZ voting. Through quadratic voting, the weight of each participant's vote will be calculated based on the number of AEZ tokens they own, but with additional weight given to participants with fewer holdings. This aims to ensure that the voices of small stakeholders are still heard.
Dora Vota function in Cosmos Hub
Apart from AEZ voting, Dora Vota can also be used for various other purposes in the Cosmos Hub ecosystem, such as:
- MACI Voting (Market Abuse Confession Mechanism)
- Token sending transaction
- Inter-Blockchain Communication (IBC)
Also Read How to Buy Crypto:
Airdrop Technical Details
The Dora Vota gas fee airdrop is based on CosmosHub delegation snapshots taken in the following periods:
- Start: May 28, 2024, 06:07:22 IWST
- Completed: May 28, 2024, 17:31:09 IWST
This airdrop is a form of Dora Factory's commitment to supporting decentralized governance on the blockchain network.
By providing easy-to-use infrastructure and inclusive access, Dora Factory hopes to increase community participation in decision-making regarding blockchain projects.
Check Crypto Prices Today:
How to Buy Crypto with Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
Awaited Free Crypto Airdrop In 2024
What is Bittime Airdrop? Crypto Investment Opportunity!
Crypto Airdrop and Guide on How to Get It for Free
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
Comments
0 comments
Please sign in to leave a comment.