MACI
Table of Contents
○ Dora Grant DAO — Long-term Funding Program○ Timeline
○ Funding Pool Allocation Rules
○ How to Vote by vcDORA
○ How Dora Grant DAO Supports Early Projects
○ How to Apply for the Long-term Funding Program?
○ Dora Grant DAO Contributors
○ Contact Us
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.
Grantees will recieve valuable opportunities to obtain funding to further develop their projects (BUIDLs) and achieve milestones. They will also gain access to the Dora community and corresponding resources that are helpful for the team's 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 $100k to fund BUIDL proposals, based on zero-knowledge voting results of vcDORA community. Voting will happen on DoraHacks.io.
Timeline
Registration: Long-lasting
Opening Ceremony [LIVE]: Oct 8th, 20:00 SGT (Replay >)
(Submission after January 20th will be reviewed in the 3rd round.)
Screening Result Announcement [2nd round]: January 30th - February 6th, 2023
Grant Proposal Submission [2nd round]: February 6th - 8th, 2023
Community Voting [2nd round]: February 9th - 15th, 2023
Dora Grant DAO Long-term Funding Program will always open for application, but do note that application review and fund distribution will only happen periodically in sequential rounds.
Funding Pool Allocation Rules
A total prize pool of $100,000 USD is available in this 2nd application review and funding round of Dora Grant DAO, 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 $100,000 prize pool has been distributed.
Due diligence will be conducted on the eligibility of every round grantee from Dora Grant DAO. DoraHacks reserves the rights of any revocation/adjustment of the grants.
How to Vote by vcDORA
Voting Period (for 2nd round of screening): February 9th - 15th, 2023.
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:
- Decayd spontaneously and linearly: the total amount of vcDORA a staker has will gradually be reduced to 0 at the end of staking period. Please stake at a reasonable time t ensure that you have sufficient vcDORA for voting.
- 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 2nd round of application review offers up to $100,000 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?
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?
- Discord: https://discord.gg/gKT5DsWwQ5
- Telegram: https://t.me/dorahacksofficial
2. How do I get information about the progress of an event/BUIDL?
- Join DoraHacks Discord
- Subscribe to DoraHacks Twitter, Binance Live, Youtube