@ doraintern

# Introduction: This governance report highlights Dora Factory's voting activity across multiple blockchain ecosystems, including Cosmos, Celestia, dYdX, Kaia, Osmosis, and Injective. It provides insights into the strategic considerations guiding Dora Factory’s decisions, emphasizing their role in supporting ecosystem growth, fostering innovation, and enabling sustainable blockchain development. ----------- # Proposals: ## Cosmos [2024-11-22 Cosmos Proposal 980 Yes](https://www.mintscan.io/cosmos/proposals/980) Dora Factory voted YES on Proposal 980, approving the increase of the minimum deposit for Cosmos Hub governance from 250 $ATOM to 500 $ATOM to reduce spam. [2024-11-25 Cosmos Proposal 976 Yes](https://www.mintscan.io/cosmos/proposals/976) Dora Factory voted YES on Proposal 976 to revive channel-341 to Bostrom by replacing the expired client state, restoring the channel's functionality. [2024-12-03 Cosmos Proposal 981 Yes](https://www.mintscan.io/cosmos/proposals/981) Dora Factory voted YES on Proposal 981, supporting the whitelisting of Ark Protocol to deploy Interchain NFT contracts on Cosmos Hub. This proposal aims to enable minting, bridging, and managing NFTs on the Hub, enhancing governance and interoperability with other chains. [2024-12-13 Cosmos Proposal 982 Yes](https://www.mintscan.io/cosmos/proposals/982) Dora Factory voted YES on Proposal 982 to whitelist Ark Protocol’s developer wallet for deploying InterChain NFT contracts on Cosmos Hub. The contracts aim to enhance governance and interoperability by enabling NFT transfers across app chains and supporting collaboration within the ecosystem. [2025-01-09 Cosmos Proposal 984 YES](https://www.mintscan.io/cosmos/proposals/984) Dora Factory voted YES on Cosmos Proposal 984, approving funding for Hydro’s development in 2025 and reallocating 180,000 ATOM from the community pool. It also supports transferring Hydro's PoL profits to a treasury controlled by Hydro voters and the Cosmos Hub community. [2025-01-09 Cosmos Proposal 985 YES](https://www.mintscan.io/cosmos/proposals/985) Dora Factory voted YES on Cosmos Proposal 985, approving $650k in funding for Hypha to manage Cosmos Hub testnets and mainnet operations in 2025. The funds, consisting of $200k USDC and 86,538.46 ATOM, will support testnet stewardship, mainnet coordination, ICS support, and onboarding for Interchain Inc. ## Celestia [2024-12-13 Celestia Proposal 4 Yes](https://www.mintscan.io/celestia/proposals/4) Dora Factory voted YES on Proposal 4 to increase the SignedBlocksWindow from 5000 to 10000. This change will extend the time available for validators to restore their nodes during emergencies from 1h45min to 3h30min, ensuring sufficient time to address downtime issues and maintaining pre-upgrade slashing parameters. ## dYdX [2024-11-22 DYDX Proposal 187 Yes](https://www.mintscan.io/dydx/proposals/187) Dora Factory voted YES on proposal 187 to whitelist new VIP affiliates for the dYdX VIP Affiliate Program. The vote supports affiliates who will help increase engagement and growth by earning up to 50% of referred user taker fees, capped at $10,000 per referral. [2024-12-03 DYDX Proposal 189 Yes](https://www.mintscan.io/dydx/proposals/189) Dora Factory voted YES to cease support for the wethDYDX Smart Contract (the Bridge) by June 2025. The proposal formally notifies ethDYDX holders, with a follow-up on-chain vote scheduled for approximately six months later to finalize the discontinuation. [2024-12-18 DYDX Proposal 192 Yes](https://www.mintscan.io/dydx/proposals/192) Dora Factory voted YES on Proposal 192 to allocate $4M from the Treasury subDAO’s protocol revenue to fund the dYdX Ecosystem Development Program (DEP) for the remaining 14 months of its term. This funding will support ongoing initiatives and enable the DEP to continue driving growth within the dYdX ecosystem. The proposal also includes changes to the DEP Trustees, replacing two current members with Lemma Solutions and Polkachu. [2024-12-19 DYDX Proposal 193 Yes](https://www.mintscan.io/dydx/proposals/193) Dora Factory voted YES on Proposal 193, which allocates $1.5M in DYDX tokens from the dYdX Chain Community Treasury to 2,587 qualifying users for their participation in Trading Season 7 of the dYdX Incentives Program. The allocation follows a review of trading data to ensure rewards are given to genuine participants, with full transparency available on the dYdX Chaos Labs Risk Portal. [2025-01-07 DYDX Proposal 198 Yes](https://www.mintscan.io/dydx/proposals/198) Dora Factory voted YES on dYdX Proposal 198 to delist low-activity markets. The proposal targets markets with less than $1,000 in 24-hour trading volume and under $10,000 in open interest. By delisting these markets, dYdX aims to improve resource allocation, focusing on more active markets to enhance platform performance and user experience. ## Injective [2024-11-21 Injective Proposal 463 Abstain](https://www.mintscan.io/injective/proposals/463) Dora Factory voted Abstain on the proposal to whitelist TruFin’s uploader address for deploying its liquid staking contracts on Injective. TruFin intends to launch its TruStake solution on the Injective blockchain to integrate multi-chain liquid staking into the network. [2024-11-22 Injective Proposal 464 Yes](https://www.mintscan.io/injective/proposals/464) Dora Factory voted YES on the proposal to adjust the minimum quantity tick for the AGENT/INJ market from 100 to 0.1, aiming to enhance the trading experience for markets with low prices. [2024-12-02 Injective Proposal 465 Yes](https://www.mintscan.io/injective/proposals/465) Dora Factory voted YES to approve the final OLP performance for epoch 39 and the distribution of 39,958.193 INJ, including 19,958.201 INJ from epoch 36 and 19,999.992 INJ as 50% of epoch 39 rewards. Remaining rewards will be distributed with epoch 42. [2024-12-04 Injective Proposal 466 Yes](https://www.mintscan.io/injective/proposals/466) Dora Factory voted YES to whitelist the Talis deployer address: inj1dqsfaj4y8pu2elakf3k6fgzcunclam86xjhn9c. [2024-12-13 Injective Proposal 469 Abstain](https://www.mintscan.io/injective/proposals/469) Dora Factory abstained on Proposal 469, which proposes storing the Auction DAO smart contract on the Injective blockchain to enable permissionless collective bidding in burn auctions. [2024-12-20 Injective Proposal 470 Abstain](https://www.mintscan.io/injective/proposals/470) Dora Factory abstained on Proposal 470, which requests to whitelist the Hydro Protocol developer wallet to streamline smart contract deployments without requiring individual governance proposals for each one. [2024-12-31 Injective Proposal 471 Yes](https://www.mintscan.io/injective/proposals/471) Dora Factory voted YES on Injective Proposal 471, which proposes adjustments to leverage and margin requirements across multiple perpetual futures markets. The maximum leverage for BTC/USDT and ETH/USDT PERPs will increase from 20x to 50x, while EUR/USDT and GBP/USDT PERPs will rise from 50x to 100x. Other markets, including SOL/USDT, BNB/USDT, and AAVE/USDT, will see leverage increases from 20x to 25x. Additionally, some markets will have leverage standardized to 10x, and the maker fee rebate for PENGU/USDT will be reduced by half. [2025-01-01 Injective Proposal 472 Yes](https://www.mintscan.io/injective/proposals/472) Dora Factory voted YES on Injective Proposal 472, supporting a reduction in the INJ token supply parameters (inflation_min and inflation_max) to 4.625% and 8.875%, aligning with the deflationary goals of INJ 3.0 tokenomics. [2025-01-01 Injective Proposal 473 Yes](https://www.mintscan.io/injective/proposals/473) Dora Factory voted YES on Injective Proposal 473, confirming the final institutional performance for epoch 40 of the Open Liquidity Program and distributing 39,999.981 INJ tokens, with 50% of the epoch 40 rewards to be disbursed later. [2025-01-05 Injective Proposal 474 Yes](https://www.mintscan.io/injective/proposals/474) Dora Factory voted YES on Injective Proposal 474, supporting the adjustment of fee tier thresholds and increased taker discounts for various tiers, while maintaining trading volume requirements. [2025-01-07 Injective Proposal 475 Abstain](https://www.mintscan.io/injective/proposals/475) Dora Factory abstained on Injective Proposal 475, which proposes adopting AGENT as the official AI mascot to promote Injective's AI initiatives and enhance user engagement. [2025-01-08 Injective Proposal 476 Yes](https://www.mintscan.io/injective/proposals/476) Dora Factory voted Yes on Injective Proposal 476, which will settle the FTM/USDT PERP market. Open positions will be closed at the oracle price when the proposal is approved. ## Kaia [2024-12-20 Kaia Proposal 12 Yes](https://square.kaia.io/Proposal/Detail?id=12) Dora Factory voted YES on Kaia Proposal 12 to approve a KAIA payment worth $140,000 for the development and maintenance of ‘Kaiascan.’ The funding will support new features like enhanced statistics, a rich list, an Open API service, and a banner ad model to improve user experience and data transparency. ## Osmosis [2024-11-22 Osmosis Proposal 866 Yes](https://www.mintscan.io/osmosis/proposals/866) Dora Factory voted YES to update the expired IBC light-client for dHealth. The proposal replaces the expired client (07-tendermint-3205) with the newly created substitution client (07-tendermint-3357). [2024-11-23 Osmosis Proposal 867 Yes](https://www.mintscan.io/osmosis/proposals/867) Dora Factory voted YES to increase nBTC's static limit within Alloyed BTC to 10%, aligning with the completed nBTC audit and supporting the Nomic bridge's adoption. [2024-11-26 Osmosis Proposal 868 Yes](https://www.mintscan.io/osmosis/proposals/868) Dora Factory voted YES to substitute the IBC light client for Konstellation, enabling resumed cross-chain transfers between Konstellation and Osmosis. [2024-11-27 Osmosis Proposal 869 Yes](https://www.mintscan.io/osmosis/proposals/869) Dora Factory voted YES on the proposal to allocate 70,000 USDT and up to 140,000 USDC from the Osmosis community pool to establish a liquidity position. The proposal aims to enhance stability for the USDT/USDC pairing, improve liquidity during volatility, and generate minor revenue for the community pool. [2024-11-28 Osmosis Proposal 870 Yes](https://www.mintscan.io/osmosis/proposals/870) Dora Factory voted Yes to add cbBTC.axl to Alloyed BTC with a 10% static limit. This expands Bitcoin access on Osmosis through Base and the Axelar bridge, while managing risk with the set cap. [2024-12-03 Osmosis Proposal 871 Yes](https://www.mintscan.io/osmosis/proposals/871) Dora Factory voted YES on Proposal 871 to increase the static rate limit for USDT.inj, USDT.sol.pica, and USDT.eth.wh within Alloyed USDT from 20% to 40%. This adjustment aims to accommodate market demand, enhance liquidity in popular variants, and manage risks associated with less-utilized variants. [2024-12-05 Osmosis Proposal 874 Yes](https://www.mintscan.io/osmosis/proposals/874) Dora Factory voted YES on Proposal 874, which expands the list of assets allowed for pseudo-permissionless pool creation until Proposal 819 is implemented. [2024-12-06 Osmosis Proposal 875 Yes](https://www.mintscan.io/osmosis/proposals/875) Dora Factory voted YES on Proposal 875, which substitutes the IBC light client for Konstellation to resume cross-chain transfers between Konstellation and Osmosis. [2024-12-08 Osmosis Proposal 876 Yes](https://www.mintscan.io/osmosis/proposals/876) Dora Factory voted YES on Proposal 876, which whitelists the Magma Vaults dev wallet to deploy automatic liquidity management solution contracts to manage liquidity positions in concentrated liquidity pools. [2024-12-10 Osmosis Proposal 877 Yes](https://www.mintscan.io/osmosis/proposals/877) Dora Factory voted YES on Proposal 877 to deploy 50,000 ATOM to the Margined Redemption Rate Arbitrage Strategy. This strategy aims to enhance ATOM liquidity, support the peg of ATOM LSTs, and generate protocol fees, while maintaining consistent returns similar to ATOM staking APR. [2024-12-10 Osmosis Proposal 878 Yes](https://www.mintscan.io/osmosis/proposals/878) Dora Factory voted YES on Proposal 878 to deploy 19,200 TIA to the Margined Redemption Rate Arbitrage Strategy. The strategy aims to enhance TIA liquidity, support TIA LST peg stability, and generate protocol fees, delivering consistent returns comparable to TIA staking APR. [2024-12-12 Osmosis Proposal 879 Yes](https://www.mintscan.io/osmosis/proposals/879) Dora Factory voted YES on Proposal 879 to upgrade Osmosis to v28.0.0, scheduled for December 17th. The upgrade includes fixes for security and performance. [2024-12-12 Osmosis Proposal 880 Yes](https://www.mintscan.io/osmosis/proposals/880) Dora Factory voted YES on Proposal 880 to renew the Osmosis Grants Program (OGP) for 12 months with a budget of $1.35M in OSMO tokens. The program will focus on sourcing high-impact initiatives, releasing semi-annual reports, and continuing OGP’s success with projects that benefit Osmosis and the broader ecosystem. [2024-12-22 Osmosis Proposal 881 Yes](https://www.mintscan.io/osmosis/proposals/881) Dora Factory voted YES on Osmosis Proposal 881, which suggests allocating 25% of the Osmosis protocol’s non-OSMO taker fees to purchase Bitcoin for liquidity provisioning. This BTC will primarily support the BTC/USDC liquidity pool, enhancing price depth and volume on Osmosis. The proposal also adjusts the taker fee distribution, shifting 45% to stakers, 30% to the community pool, and 25% to BTC purchases. [2025-01-03 Osmosis Proposal 882 Yes](https://www.mintscan.io/osmosis/proposals/882) Dora Factory voted YES to deploy 1.07 BTC and 60,000 USDC into the Locust Vault for a more concentrated BTC/USDC liquidity position. This aims to improve liquidity, capture more volume, and reduce slippage during volatility, with any excess funds returning to the Osmosis Community Pool. [2025-01-06 Osmosis Proposal 883 Yes](https://www.mintscan.io/osmosis/proposals/883) Dora Factory voted YES on Osmosis Proposal 883 to increase the static cap for USDT.eth.wh from 40% to 75%. This adjustment aims to accommodate growing demand. [2025-01-06 Osmosis Proposal 884 Yes](https://www.mintscan.io/osmosis/proposals/884) Dora Factory voted YES on Osmosis Proposal 884 to increase the static cap for USDT.eth.wh from 40% to 75%. This change aligns with growing demand for the asset, allowing for a more controlled expansion of the USDT. [2025-01-08 Osmosis Proposal 885 Yes](https://www.mintscan.io/osmosis/proposals/885) Dora Factory voted YES on Osmosis Proposal 885, which adjusts the set of Superfluid pools to support the OSMO decoupling initiative. This proposal removes Superfluid from variant pools and focuses it on alloyed assets like USDC, BTC, ETH, and SOL to promote migration and growth. [2025-01-08 Osmosis Proposal 886 Yes](https://www.mintscan.io/osmosis/proposals/886) Dora Factory voted YES on Osmosis Proposal 886, which adjusts Superfluid pools to support the OSMO decoupling initiative. The proposal aims to encourage the migration of assets from variant to alloyed assets by approving Superfluid pairings for USDT, BTC, ETH, and SOL. This adjustment supports the OSMO token's increased independence and fosters the growth of alloyed assets. [2025-01-08 Osmosis Proposal 887 Yes](https://www.mintscan.io/osmosis/proposals/887) Dora Factory voted YES on Osmosis Proposal 887, which proposes deploying ETH and BTC from the community pool into a Margined liquidity strategy. This will increase liquidity for the ETH/BTC pair on Osmosis, which has been limited, while generating yield for the community pool. The deployment includes 16.47 ETH and 0.47 BTC accumulated from taker fees, aimed at improving market liquidity. [2025-01-08 Osmosis Proposal 888 Yes](https://www.mintscan.io/osmosis/proposals/888) Dora Factory voted YES on Osmosis Proposal 888, which reduces ETH liquidity incentives from 1,956 to 500 OSMO per day to better align with protocol revenue and ensure sustainability. ----------- # Conclusion: In conclusion, Dora Factory’s voting decisions demonstrate a strong commitment to advancing blockchain ecosystems through strategic governance. Moving forward, Dora Factory remains dedicated to transparent and thoughtful participation in governance, contributing to the evolution of robust and resilient blockchain ecosystems. For further details and updates, visit[Dora Factory's Governance Portal](https://dorafactory.org/staking/governance/).