English
« Back to Grant list
Dora Factory
Ended
2022/11/05 → 2022/11/13, 15:59

MACIDora Grant DAO Community Voting Grant Round 1

  • $200000Total allocation

  • 14BUIDLs

  • 115498Votes received

Dora Grant DAO — Long-term Funding Program

Dora Grant DAO is a community-driven program to fund the hacker movement - explore and assist hackers with innovative ideas, and eventually help them build important products for the future of multi-chain Web3 ecosystem.

The grantees will be offered the valuable opportunities to obtain funding to further develop their projects (BUIDLs) and achieve milestones that they have set out. Meanwhile, they will also get access to the Dora community and corresponding resources helpful for the teams in the further development.

All BUIDLs will be screened before entering community voting. The first screening and funding round of Dora Grant DAO will provide up to $200k to fund BUIDL proposals, based on zero-knowledge voting results of vcDORA community. Voting will happen on DoraHacks.io.

Timeline (Round 1)

  • Screening Result Announcement [1st round]: November 2th to 4th

  • Grant Proposal Submission [1st round]: November 2th to 4th

  • Community Voting [1st round]: November 5th to 13th

  • Results announced: November 20th

Entry to Dora Grant DAO Long-term Funding Program will be always open for application, but application review and fund distribution will happen periodically in sequential rounds.

Funding Pool Allocation Rules

Dora Grant DAO comes in a total amount of $200,000 in the 1st application review and funding round, and the rules for allocation are as follows:

  • Selected BUIDLs must submit a Grant Funding Proposal prior to participating in the Community Voting.

  • Community Voting will determine which BUIDLs‘ Grant Funding Proposal will be approved.

  • The prize will be awarded in the order of the Community Voting results. Starting with the first place, the following BUIDLs will be allocated the proposed amount until the $200,000 prize pool has been distributed.

How to Vote by vcDORA

Voting Period (for 1st round of screening): Nov 5 - Nov 13.

The voting ticket used here is vcDORA, short for “voice credit DORA”, free community governance credit generated by staking $DORA tokens.

vcDORA is the general 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 and linearly: the vcDORA one holds will turn ZERO at the end of staking period. Please note to stake and vote at the reasonable time.

https://cdn.dorahacks.io/static/files/Untitled_DytQyyp.png

  • 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.

More about vcDORA https://doraresear.ch/2022/09/16/vcdora/

Please join DoraHacks Discord to stay updated.

How Dora Grant DAO Supports Early Projects

  • Grant Funding: Long-term submission and periodical funding distribution; the 1st round of application review offers up to $200,000 in the funding pool.

  • Connect With Other Startups & Developers: A hub provided for forefront Web3 BUIDLers and entrepreneurs.

  • Gateway to vcDORA Community: 3K+ DORA community members will know your projects and vote to support.

How to Apply for the Long-term Funding Program?

https://cdn.dorahacks.io/static/files/%E6%B5%81%E7%A8%8B-en_1.jpg

1. Visit Dora Grant DAO Hackathon to submit a BUIDL and fill out the required information (see Application Guide for tutorial).

2. BUIDLs that pass the initial screening must submit a Grant Funding Proposal to Discourse - DoraHacks Community Governance Forum.

3. After being selected for the Grant, BUIDLs will go through Community Voting and receive grant funding, however per may vary on the Community Voting results.

Note: Grantees with Iterative BUIDLs can re-apply to the future rounds of Dora Grant DAO.

Dora Grant DAO Contributors

Contact Us

1. How to contact the DoraHacks team?

2. How do I get information about the progress of an event/BUIDL?