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SORA will join the Kusama parachain auctions, starting in December and continuing until securing a slot. Interoperability between the existing SORA network and the SORA Kusama parachain network will be enabled via a bridge.
Technology
May the bridges we build
light the way.
light the way.
SORA Network
Polkaswap
SORA is built on Parity Substrate and Polkaswap is a decentralized app that is being built on top of the SORA network. We are currently working to connect to the Polkadot relay chain and parachains with built-in tools focused on DeFi.
The SORA Network excels at providing tools for decentralized applications that use digital assets, such as atomic token swaps, bridging tokens to other chains, and creating programmatic rules involving digital assets.
Polkaswap is a non-custodial liquidity aggregator cross-chain AMM DEX for the interoperable DeFi future, run by the community. Based in the Polkadot and Kusama ecosystems and built on the SORA network.
ABOUT
The Many Worlds of SORA
The community envisions a new economic world order — one that is truly decentralized and democratic. SORA is building to deliver financial inclusion for all without discrimination, and provide a better method to manage day-to-day finances.
SORA is both a supranational world economic system that decentralizes the concept of a central bank as well as a network in the Polkadot ecosystem that will connect to the Polkadot relay chain and the parachains with built-in tools focused on DeFi.
The SORA network excels at providing tools for decentralized applications that use digital assets, such as atomic token swaps, bridging tokens to other blockchains, and creating programmatic rules involving digital assets. Besides Polkaswap, one of the main applications running on the SORA network is the SORA decentralized economic system itself.
The community envisions a new economic world order — one that is truly decentralized and democratic. SORA is building to deliver financial inclusion for all without discrimination, and provide a better method to manage day-to-day finances.
SORA is both a supranational world economic system that decentralizes the concept of a central bank as well as a network in the Polkadot ecosystem that will connect to the Polkadot relay chain and the parachains with built-in tools focused on DeFi.
The SORA network excels at providing tools for decentralized applications that use digital assets, such as atomic token swaps, bridging tokens to other blockchains, and creating programmatic rules involving digital assets. Besides Polkaswap, one of the main applications running on the SORA network is the SORA decentralized economic system itself.
THE SORA ECOSYSTEM
Governance
Become a SORA citizen and be eligible to be selected for the SORA Parliament (coming soon!) to provide your opinion on network updates and capital allocation.
Projects
By submitting Request for Proposals, users can tender the development and implementations of functions they would like to have on Polkaswap and the SORA network.
Voting
Vote on proposals to apply changes to the network and for projects to be built in SORA using the SORA App.
Staking
Become a Nominator by staking tokens and receive rewards for that. Become a Validator to validate blocks in SORA and receive rewards for that.
SORA Wallet
Store assets from different networks in one app. Send assets and move them between the networks.
SORA PARLIAMENT
The SORA Parliament is the governance system for the SORA Network. Its main task is to allocate newly minted XOR to productive projects. It has multiple bodies with clear separation of powers and where the citizens are chosen randomly. It is built around three main concepts:
Isonomia
The principle that everyone who is a citizen has political equality.
Isegoria
The right of all citizens to speak and contribute.
Sortition
Randomly choosing groups of citizens to make decisions.
SORA TokenOMICS
SORA has set out to resolve many of the challenges of current cryptos through math and innovation. The token bonding curve (TBC) manages the supply of tokens in a rational way, without the involvement of humans, to create a system that avoids the boom-bust problems of traditional economies and the deflationary economics of many cryptocurrencies.
SORA Token Bonding Curve
A token bonding curve is a smart contract that takes the input of some token and outputs a new token. This creates a plethora of possible variations to drive an exciting area of research, but in SORA we use a simple model where there are two linear functions: a Buy-Price Function and a Sell-Price Function.
In simple words, the token bonding curve is essentially an infinitely liquid, decentralized central bank. At any time, you can buy newly minted XOR from the token bonding curve using some specific reserve assets, or sell your XOR tokens (which are instantly burned) for one of those assets.
Furthermore, because the token bonding curve's pricing functions slope upwards, the price increases with the token supply. Keep always in mind that with a token bonding curve, XOR price and supply are correlated, and they move accordingly.
A token bonding curve is a smart contract that takes the input of some token and outputs a new token. This creates a plethora of possible variations to drive an exciting area of research, but in SORA we use a simple model where there are two linear functions: a Buy-Price Function and a Sell-Price Function.
In simple words, the token bonding curve is essentially an infinitely liquid, decentralized central bank. At any time, you can buy newly minted XOR from the token bonding curve using some specific reserve assets, or sell your XOR tokens (which are instantly burned) for one of those assets.
Furthermore, because the token bonding curve's pricing functions slope upwards, the price increases with the token supply. Keep always in mind that with a token bonding curve, XOR price and supply are correlated, and they move accordingly.
SORA TOKENS
The key thesis of the SORA economic system is that for cryptoeconomic systems to be able to compete with contemporary, centralized economic systems, there needs to be a rational economic model. In the current SORA ecosystem there are XOR, VAL, and PSWAP tokens.
XOR
Used for transaction fees (gas) on the SORA Network with an elastic supply, managed by a token bonding curve.
VAL
Used to reward validators on the SORA Network with a decreasing supply over time, with tokens burned at every SORA v2 network transaction
PSWAP
Used to reward liquidity providers on Polkaswap with a decreasing supply, with tokens burned with every token swap on Polkaswap.
INTO THE SORAVERSE
The currency of the interplanetary future human race needs to have predictable price dynamics to enable selling goods, either digital or physical, and the tokenomics of XOR allow for this predictability, making it the ideal token to power commerce across the Universe. XOR is an open-source and fully decentralised token, answering the Metaverse's need for interoperability and data portability.
XOR, the Gateway to Many Worlds
SORA aims to be a New Economic Order. This has the potential to scale not only to serve the current cryptosphere and countries alike but also extend into other digital worlds, such as the Metaverse. Far into the future, when humankind breaks through to become a multi-planetary species, SORA can scale with the economy, while still maintaining decentralization as its main characteristic.
XOR is designed specifically for use as a currency in any country because it allows governments to make funding proposals, and mint XOR for productive economic activities via a democratic process. XOR has predictable price dynamics, making it perfect to power the economic structures of the metaverse while being versatile enough to accommodate cross-functionality
SORA aims to be a New Economic Order. This has the potential to scale not only to serve the current cryptosphere and countries alike but also extend into other digital worlds, such as the Metaverse. Far into the future, when humankind breaks through to become a multi-planetary species, SORA can scale with the economy, while still maintaining decentralization as its main characteristic.
XOR is designed specifically for use as a currency in any country because it allows governments to make funding proposals, and mint XOR for productive economic activities via a democratic process. XOR has predictable price dynamics, making it perfect to power the economic structures of the metaverse while being versatile enough to accommodate cross-functionality
the sora app
Help SORA Build the Future of the DeFi World
Download the SORA app!
Features include:
Account Setup
SORA network account creation and import.
Token Support
Wallet functions: XOR, VAL, PSWAP, and SORA substrate tokens support.
Managed Assets
Manage all of your assets in one easy to use app.
Planned Features
Polkaswap integration and SORA Parliament features are planned to arrive soon.
Features include:
Account Setup
SORA network account creation and import.
Token Support
Wallet functions: XOR, VAL, PSWAP, and SORA substrate tokens support.
Managed Assets
Manage all of your assets in one easy to use app.
Planned Features
Polkaswap integration and SORA Parliament features are planned to arrive soon.
SORA VALIDATOR
Secure the future of SORA and Polkaswap and earn rewards in the process by becoming a SORA validator! The sooner you start your validator node, the better your rewards will be.
SORA Validator
The SORA network is completely decentralized, and relies on community members to run nodes. Validator nodes will be responsible for making blocks in the network. To help ensure the success of Polkaswap, we require community support in running validator nodes on the SORA network. Hosting a validator node is fairly straightforward - but it does have technical requirements, as well as a risk-reward profile that must be carefully considered. Here's what you'll need to get started:
The SORA network is completely decentralized, and relies on community members to run nodes. Validator nodes will be responsible for making blocks in the network. To help ensure the success of Polkaswap, we require community support in running validator nodes on the SORA network. Hosting a validator node is fairly straightforward - but it does have technical requirements, as well as a risk-reward profile that must be carefully considered. Here's what you'll need to get started:
the sora font
Use Our SORA Font!
The custom SORA font is a sleek, modern typeface that helps communicate our future-forward message and distinguishes SORA from its peers.
The SORA font was designed by Barnbrook, one of Britain's most well-known and highly regarded independent creative studios, based in London. They have created brand identity and environmental graphics for Art Basel and David Bowie's album covers.
Our SORA font is now available on Google Fonts!
The custom SORA font is a sleek, modern typeface that helps communicate our future-forward message and distinguishes SORA from its peers.
The SORA font was designed by Barnbrook, one of Britain's most well-known and highly regarded independent creative studios, based in London. They have created brand identity and environmental graphics for Art Basel and David Bowie's album covers.
Our SORA font is now available on Google Fonts!
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