Click here to learn more about Top of OASIS — aelf Metaverse Hackathon.
Join us and become a voter @HackerLink today: https://t.me/hackerlinkvoter
If you’re an applicant, please register at https://hidorahacks.medium.com/application-guide-top-of-oasis-aelf-metaverse-hackathon-b1f980d055a3
Preparation
- Voting period: Jan 12th to Feb 24th, 2022
- Vote via DoraHacks: https://hackerlink.io/grant/aelf/buidl
- Owns an account with aelf wallet.
- Make sure you have a sufficient $ELF balance and gas fee ($ELF) in your wallet.
- Please vote on PC (better via Chrome extension).
How to Vote?
1. Click “BUIDLs” to view the participating projects.
2. Click “Vote” to support and choose your wallet.
3. Once the wallet is connected (the wallet address should appear in the voting interface), key the amount you want to vote. The Nth vote will cost N*1 ELF, so if you’re going to give 3 votes, you need to pay 1+2+3=6 ELF.
4. Click “Confirm” to finish.
5. After voting, you can check the current project ranking via the leaderboard.
6. Feel free to join the Telegram group: https://t.me/hackerlinkvoter to interact and network with other voters!
Why should YOU become a voter?
- Contribute to the aelf ecosystem
- Incentivize blockchain builders & support entrepreneurship
- Express the relative strength of personal preferences via the Quadratic Funding mechanism
- Impact the allocation of $680,000 prize pool
Meet other multi-chain contributors @HackerLink today:https://t.me/hackerlinkvoter
What’s next?
- Join us on Telegram for future updates.
- Follow Dorahacks on Twitter and Youtube to receive news, new video uploads, premieres, and live streams on Hackathon workshops and project demo sessions.
Let’s level up your voting profile!
What is Quadratic Funding? How does it work?
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. The simplified formula on how quadratic voting functions is:
Cost to the voter = 1+2+3+…+ number of votes $ELF
With such a mechanism, community contributors can vote for their favorite projects and emphasize their preferences through multiple votes. Along with the increased contribution each round, of course.
How would this affect project incentives? Popularity, which is embedded in this mechanism and is comprised of the total number of votes driving the top project with the most allocated prize. Plus, the accumulated USDC will go directly to the respective project after each round.
Interested to know more about quadratic funding? You can check the Quadratic Funding Algorithm by Vitalik Buterin, or the Quadratic Funding V2 Protocol by Eric Zhang.
For the Chinese version, please view it here.
Frequently Asked Question
0. What if I encounter problems during the voting process?
DoraHacks provides voter support in 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 https://tdvv-explorer.aelf.io/
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 in any stance of superiority nor impact the prize pool distribution in your favor.
3. Can the project with more votes get a bigger share of the prize pool?
According to the Quadratic Funding mechanism, popularity is the basis of the distribution of the prize pool. If a project is supported by more VOTERS (rather than votes), it will receive more prizes by the end.
For e.g, A project with 10 votes from 10 voters will be prized more than a project with 10 votes from fewer voters.
4. Who receives the $ELF I paid?
The votes (or we call “donations”) will go directly to the projects.
5. Why can’t I vote?
Invalid voting may occur for multiple reasons, please ensure that you:
- Own a sufficient amount of $ELF in your wallet.
- Connected to DoraHacks: 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 Voter Support at Telegram via https://t.me/hackerlinkvoter.
Risk Notifications
Please note that the generated smart contracts from DoraHacks will arrange and transfer the donated fund, to conduct quadratic funding algorithms, and distribute contribution funds to the projects of which the voting results in favor. 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. aelf, DoraHacks or DoraHacks aren’t responsible for any adverse consequences.
If you have any questions, please contact us on Telegram. We would like to hear more from you and let’s keep in touch!
About aelf
aelf is a blockchain network empowered by cloud computing infrastructure. aelf has a multi-level main plus multi-sidechains structure. It can support developers to independently deploy or run distributed applications based on one side chain, which could lead to ultimate resource isolation. By using parallel computing and AEDPos consensus mechanism, aelf achieves a great breakthrough in performance, with single chain TPS reaching 3000. Based on the design, aelf can build a two-way connectivity network among public chains and projects.
With the completion of aelf brand upgrade, aelf has expanded into a full-scene penetrating ecology including aelf public chain, aelf oracle, and various DeFi protocols, which can create a bright future seamlessly connected with existing ecologies such as Bitcoin and Ethereum, and strongly lead the Web3.0 era.
About DoraHacks
DoraHacks is a global hackathon organizer and one of the world's most active multi-chain Web3 developer communities. It creates a global hacker movement and provides crypto native toolkits to help developers around the world raise funding for their ideas and BUIDLs. By far, more than 2000 projects from the DoraHacks community have received over $15 million in grants and other forms of contributions from supporters worldwide, and it has around 100,000 monthly active users from 152 countries. A large number of open source communities, DAOs, and more than 20 major blockchain ecosystems are already using Dora's infrastructure (hackerlink.io) for quadratic funding, community contribution, hackathon, bounty distribution, and governance of their developer communities.