Dora Factory (DORA) is a fuel token of a programmable multi-chain open DAO infrastructure on Substrate.

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Dora Factory

Dora Factory Launches Public Good Staking Validator on BNB Chain, Empowering BNB and Multichain Ecosystem Growth

We are excited to announce the launch of Public Good Staking validator on BNB Chain. This milestone achievement marks a significant step towards enhancing the ecosystem growth of BNB Chain and fostering innovation within the community.

Securing the infrastructure with most daily active user

Dora Factory has established itself as a reliable validator and active governance member in major blockchain ecosystems, including Cosmos, Aptos, and Klaytn. Renowned as a robust and reliable validator service, Dora Factory brings its expertise to enhance the security of BNB Chain, one of the largest L1 blockchain ecosystems by active user. Dora Factory will strengthen the network's resilience against potential threats on the BNB Chain, providing a trusted and secure infrastructure for staking participants.

Funding public goods and open source innovations in the BNB Chain ecosystem

Public Good Staking, or PGS, is a groundbreaking initiative pioneered by Dora Factory. Through PGS, a significant portion of the block incentives is reinvested back into the BNB Chain ecosystem. This sustainable funding mechanism provides crucial resources, grants, hackathon prizes, and bounty rewards, fostering innovation and driving the advancement of cutting-edge technologies within the BNB Chain ecosystem.

Small yet critical step towards decentralization

BNB Chain takes a significant step towards decentralization not only with the launch of Dora Factory's PGS validator, but also via expanding the validator set by 3 more as proposed by Dora Factory in the BNB Chain community forum (https://t.co/4fPYmrtG3g). The proposal was then supported by the community and other ecosystem partners (e.g. /certik/status/1684305879452073985). By actively supporting validator nodes that prioritize public goods and community-driven initiatives, Dora Factory contributes to the development of a more decentralized blockchain ecosystem. This aligns with the long-term vision of the BNB Chain.

With the launch of Public Good Staking on the BNB Chain, Dora Factory envisions a thriving Proof-of-Stake blockchain ecosystem where developers can receive funding through staking, ensuring sustainable growth and innovation. By enhancing security, supporting multi-chain and frontier technology, and facilitating decentralization, Dora Factory continues to play a pivotal role in shaping the future of the BNB Chain ecosystem.

To learn more about Public Good Staking on BNB Chain and other blockchain ecosystems, visit our website at https://t.co/3KORgzaqA5.

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If you have DORA in centralized exchanges, please refer to the corresponding CEX for token split and swap schedules.

If you have DORA in vcDORA smart contracts, you do not need to do anything. You will still be able to use the same staking address to access the vcDORA smart contracts after the token split event, and all vcDORA states / staking period will remain unchanged.