Aptos Grant DAO Round 3
Tracks of open funding in this round
NFT / Gaming
Defi
Infrastructure / Tooling
Community / DAO
Move Native
Stable Coins
ZK-Move
Social
*Voting and prize pool distribution will be running on the smart contract 0xfdc62aa0a9312cb856c50f7b81a8108c19498b4c832f8f32ddd4860ae4a38977
Voting period: May 25th to June 3rd
Owns an account with Petra. Make sure you have a sufficient $APT balance and gas fee in your wallet. 1 vote costs 0.1 APT.
vcDORA(>0) can add weight to your votes.
Please vote on PC (better on Chrome). Voting via mobile may fail.
The vote count in the QF contract will calculated as: √n * log₂(realtime vcDORA counts+2)
1 - Click “Add to cart” to choose which projects you’re voting for. A pop-up notification will appear on your wallet and ask for authorization. You should also connect Petra wallet in the cart.
2 - Key the amount you want to vote. 1 vote will cost 0.1 APT. APT cost will be sent directly to the projects you support. At the same time, the vcDORA balance will also appear in the cart.
3 - After voting, you can check the current project ranking via the leaderboard.
4 - Feel free to join the #flex-your-vote on Discord: https://discord.gg/Wxeh5XXXjq to interact and network with other voters!
In this voting round, vcDORA holders will have more voting power than usual voters. The added weight depends on the realtime vcDORA balance when the holder votes.
Added weight = log₂(realtime vcDORA counts+2)
For example, if you have:
0 vcDORA, Added weight = log₂(0+2) = 1*vote given (so no weight added when you have 0 vcDORA)
6 vcDORA, Added weight = log₂(6+2) = 3*votes given
1022 vcDORA, Added weight = log₂(1022+2) = 10*votes given
1 - Make sure you have staked DORA and have vcDORA in your wallet.
2 - Go to Settings https://dorahacks.io/settings
Click “Link Multichain Address” to connect your APT(e.g. Petra) wallet address with ERC20 address. (If you don’t have an ERC20 address linked to your account, please link this address first.)
3 - Now you can proceed with voting for Aptos Grant DAO grantees.
Votes cost APT. When your ERC20 address is connected with your Aptos wallet, you will see the vote amplifier as follow.
Contribute to the Aptos ecosystem
Incentivize blockchain builders & support entrepreneurship
Impact the allocation of the 8000 APT prize pool
Meet other multi-chain contributors at DoraHacks today: https://discord.gg/Wxeh5XXXjq
1 - Join us on Discord for future updates.
2 - Follow DoraHacks on Twitter and Youtube to receive DoraHacks news, new video uploads, premieres, and live streams on Hackathon workshops and project demo sessions.
Let’s level up your voting profile!
Dora Staking: a way to participate in governance of Dora grant communities. By staking $DORA at https://dao.dorahacks.io/#/stake , a staker will receive corresponding amount of vcDORA as the governance credit on DoraHacks.io
vcDORA: short for “voice credit Dora”, a community governance credit generated by Dora staking.
vcDORA is the non-transferable voice credit for DORA community governance, and the amount of vcDORA associated with an address is related to the amount of DORA staked, the duration of staking, and time elapsed since the initial staking date.
It has following features:
non-transferable: vcDORA is designed to grant the governance credit to the stakers (the staking addresses), therefore it’s exclusive (or in popular term “soul-bound”) to the staker and is not allowed to be transferred.
Irrevocable: Staking is not allowed to be cancelled because it’s based on interactions with a smart contract. But it’s ok to increase staking amount or to prolong the staking period to get more vcDORA.
For more information, please read vcDORA - Governance Voice Credit for Open Community Grant DAO(s) by Eric Zhang, Founder of DoraHacks.
Quadratic Voting is a voting scheme introduced and often discussed in the Radical Markets community. It is often considered an innovative improvement of the traditional 1-person-1-vote or 1-dollar-1-vote voting schemes.
As the number of votes from 1 single voter increase, the votes will make less influence to the funds distribution. If you give N votes, the vote count in the QF contract will calculated as: √n * log₂(realtime vcDORA counts+2). To make it easy to understand, just remember that
Here, vcDORA is your most powerful voting weight-amplifier. But it’s still ok to vote without any vcDORA. vcDORA can add weight to your votes(making 1 vote counted as more votes in the prize distribution algorithm). Voting does NOT cost any real vcDORA/DORA token.
The votes cost $APT, which is directly donated to the respective projects after the round. 1 vote costs 0.1 APT. So what a BUIDL team can earn from a community funding grant includes:
*The wallet to vote via APT and to hold vcDORA should be the same one.
0. What if I encounter problems during the voting process?
DoraHacks.io provides voting support on Discord, join us here or via Telegram, join us here.
1. Can I see my voting history?
Voting history is unavailable for voters at the moment. But builders are able to view your address at the end of the hackathon.
However, if you would like to verify the validity of your votes, you are able to view your voting history via block explorer. In this case, you can verify via https://explorer.aptoslabs.com/.
2. Can I use bots to mass vote for some project?
Absolutely don’t do this. Botting and other ways of cheating will be detected by our anti-Sybil attack mechanism, which is why a grace period (3-5 days) is being issued for such a purpose. Please keep in mind that botting will NOT grant your supported projects any stance of superiority nor impact the prize pool distribution in your favour.
3. Who receives the $APT I paid?
The votes (or what we call “donations”) will go directly to the projects.
4. Why can’t I vote?
Invalid voting may occur for multiple reasons, please ensure that you:
If the problem still can’t be resolved, please contact us on Discord discord.gg/RFXypqtXA9.
Please note that the generated smart contracts from HackerLink will arrange and transfer the donated fund, conduct quadratic funding algorithms, and distribute contribution funds to the projects of which the voting results in favour. The website cannot guarantee the authenticity, legality and validity of the project, though admins will contact the projects to verify the validity with their best effort. Be aware of the risks and vote rationally. Solana, HackerLink, or DoraHacks aren’t responsible for any adverse consequences.
If you have any questions, please contact us on Discord. We would like to hear more from you and let’s keep in touch!