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Voting Guide: Aptos Grant DAO Voting Round 1

Voting Guide: Aptos Grant DAO Voting Round 1

*Voting and prize pool distribution will be running on the smart contract cd7fa009e29f21b3feb62c7091f38e7dad5270a08908583d037e25c3d987f1a9

Quick facts

  • Voting period: Dec 8th - 20th, 2022
  • Vote via DoraHacks: https://dorahacks.io/aptos/1/
  • 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(>2) can add weight to your votes.
  • Please vote on PC (better on Chrome). Voting via mobile may fail.

How to Vote?

1. Vote via DoraHacks: https://dorahacks.io/aptos/1/

2. 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.

3. 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.

4. After voting, you can check the current project ranking via the leaderboard.

5. Feel free to join the #flex-your-vote on Discord: https://discord.gg/Wxeh5XXXjq to interact and network with other voters!

vcDORA to add voting weight

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)

For example, if you have:
2 vcDORA, Added weight = log₂(2) = 1vote given (so no weight added when you have ≤2 vcDORA)
8 vcDORA, Added weight = log₂(8) = 3votes given
1024 vcDORA, Added weight = log₂(1024) = 10*votes given

How to add voting weight

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.

Why should YOU become a voter?

  • Contribute to the Aptos ecosystem
  • Incentivize blockchain builders & support entrepreneurship
  • Impact the allocation of the 8,000 APT prize pool

Meet other multi-chain contributors at DoraHacks today: https://discord.gg/Wxeh5XXXjq

What’s next?

  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!

vcDORA:Dora Grant DAO voting ticket

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:

  • Decaying spontaneously: during the period of staking, the amount of vcDORA one holds will be decaying linearly until the end of staking period.
  • When finished staking, check out your vcDORA balance at specific date at https://dao.dorahacks.io/#/mine
  • 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.

Frequently Asked Questions

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:

  • Own a sufficient amount of $APT (for voting and a gas fee) in your wallet.
  • Connected to DoraHacks.io: you should be notified with a pop-up page on your wallet that asks for authorization to connect with DoraHacks. Once you authorized the action, your account number should appear in the voting interface.

If the problem still can’t be resolved, please contact us on Discord discord.gg/RFXypqtXA9.

Risk Notifications

Please note that the generated smart contracts from DoraHacks 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. DoraHacks aren’t responsible for any adverse consequences.

*Due diligence will be conducted on the eligibility of every round grantee from Aptos Grant DAO. DoraHacks reserves the rights of any revocation/adjustment of the grants.

If you have any questions, please contact us on Discord. We would like to hear more from you and let’s keep in touch!