Welcome to the Many Worlds of SORA

We are working to become the new economic system for the Earth, the metaverse, and beyond

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SORA is a New World Economic Order

SORA is an on-chain governance system based around the XOR token that allows producers to make proposals for funding and all token holders make decisions how to allocate XOR so that the best goods and services get created. People who create goods or services should accept XOR for them, thus building the SORA economy.

We believe that inflation is good ONLY IF you mint tokens for producing new goods or services! According to the General Quantity Theory of macroenomics, you can inflate a currency in 3 ways: 1) for consumption, 2) for speculation, or 3) for production. Inflating a currency for 1) and 2) leads to price increases and boom-bust economic cycles.

If you create money for 3) production, then you can have economic growth at a predictable rate, advancing human development and technology. To have a better world, this is what we all need—a new economic order that treats money as a global commons for advancing all of humanity.

With SORA as the basis for our world economy, humanity can move beyond this planet, into the stars. Ad astra!

SORA Ab Chao ❤️‍🔥

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Creating a Supranational Economic System

The Central Dogma of SORA

SORA is all about enabling economic growth. To do this, XOR are minted and allocated to producers to make new goods and services. When the SORA Parliament allocates capital, it is exercising the most powerful force there is: the creation of new purchasing power.

Explore the parts that make up SORA

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

SORA network

SORA is built on Parity Substrate as a standalone blockchain, as well as planning to utilize a parachain on both Kusama and Polkadot, along with many more connections via bridges

SORAnomics

SORA is a supranational economic system that is based on the Disaggregated Quantity Theory of Money [*] and aims to be the catalyst for advancing humanity

Polkaswap

Polkaswap is a non-custodial AMM DEX built on the SORA network, focusing on interoperability to connect the rest of the crypto ecosystem to Polkadot providing boundless liquidity

SORA is the blockchain ecosystem for the future

A bridging pallet compatible for any Substrate based network

This framework will standardize a direct and secure interaction between Polkadot parachains implemented on top of Substrate and Polkaswap, and the SORA network.

Bridging with the full security of a connected parachain

SORA is both a new economic system as well as a network which implements a new way to architect a parachain blockchain that connects to the Polkadot relay chain and ecosystem, with built-in tools focused on DeFi.

Journey through the world of SORA

We are a community that 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.

The difference in SORA's approach

SORA has set out to resolve many of the challenges of current cryptocurrencies through math and innovation.

SORA tokenomics rely on a Token Bonding Curve that helps mitigate boom-bust valuations of most cryptocurrencies, and manages the challenges of not having an elastic supply of capital.

In the SORA Parliament, no single body or committee can both make proposals and decisions, thus clear separation of powers allows for careful review and avoids self-selection.

SORA architecture

The SORA network is built with Parity Substrate and includes bridges to other blockchains such as Ethereum, with more to come.

The SORA network has its own set of validators in addition to parachains for Polkadot and Kusama.

The SORA network’s parachain will provide a bridging pallet compatible for any Substrate based network.

Why use a Token Bonding Curve?

The Token Bonding Curve (TBC) manages the supply of tokens in a rational way, without human involvement, to create a system that avoids the boom-bust problems of traditional economies and the deflationary economics of many cryptocurrencies.

Join the decentralized network of the future

Governance

Become a SORA citizen and be eligible to be selected for the SORA Parliament (coming soon) to collaborate with decision making on network updates and capital allocation

Voting

Vote on proposals to apply changes to the network and for projects to be built

Polkaswap

Swap tokens from different networks. Provide liquidity and earn rewards

Builders Programme

Propose a project to be built on SORA. You can submit an RFP so that the upcoming SORA Parliament can review the request and allocate XOR for productive uses

Staking

Become a nominator by staking tokens and receive rewards. Become a validator to validate blocks in SORA and benefit from securing the network.

SORA mobile wallet

Store assets from different networks in one app. You can also send assets and move them between networks.

SORA tokens

A few of the tokens in the SORA ecosystem

XOR

Utility and governance token used for transaction fees (gas) on the SORA network

VAL

Utility and governance token used to reward validators on the SORA network, created by community governance

PSWAP

Utility and governance token used to reward liquidity providers on Polkaswap, created by community governance

XST

Platform for synthetic assets on SORA. Synthetic assets that are fully collateralized on-chain, but are linked to off-chain indices allows a multitude of composable DeFi operations that are completely censorship resistant

XSTUSD

Algorithmic stablecoin linked to the value of DAI, a synthetic asset backed by a variable amount of XOR and pegged to a target index, created by community governance

CERES

Utility and governance token used to reward liquidity providers on Polkaswap, created by community governance

DEO

Utility and governance token used to reward liquidity providers on Polkaswap, created by community governance

COMING SOON

Governance on the SORA network

What is the SORA Parliament?

The main task of the SORA Parliament is to allocate newly minted XOR to productive projects

By combining decentralized governance and capital allocation, the SORA Parliament can create a digital government that can work to make our world, and other worlds better, without intruding on individual liberties.

The SORA Parliament utilizes Supranational Global Governance

This method has clear separation between propositioning, decision making, and rule making. There is no president or prime minister in this system, rather the rules of the system itself are the leader and all participants collaborate together as equal peers, making and reviewing proposals.

01
Isonomia

The principle that every citizen has political equality

02
Isegoria

The right for all citizens to speak and contribute

03
Sortition

Randomly selecting groups of citizens to make decisions

Supranational Global Governance

Because SORA (XOR) is a supranational network that provides a global unit of account, store of value, and medium of exchange, the SORA Parliament must also be global, so as to avoid a Triffin dilemma.

The goal of SORA is to create a New Economic Order with a supranational governance system. Democratic governance combined with capital allocation is a powerful force that can be used to unite people across Many Worlds.

Rules Committee

Recommends rules about what kind of proposals can be given to an Agenda Council. Also outlines other rules governing the system. All rule proposals need to be ratified by a Policy Jury for it to take effect.

Agenda Council

Takes a proposal and, if it is within the boundaries set by the Rules Committee, votes on whether or not to accept it for further study.

Interest Panels

For each proposal accepted by the Agenda Council, one or more volunteers can come forth to form Interest Panels to study the proposition. If there are multiple volunteers, several Interest Panels can be formed, and they can all combine reports studying a proposal.

Review Panel

Collates reports from the Interest Panel(s) into a proposal presentable to a Policy Jury. The motion should clearly list pros and cons for a proposal in a neutral way.

Policy Juries

Each proposal will be decided by a randomly selected, one-time panel that is called a Policy Jury. All rule changes, proposals, citizenship revocations, and other punishments can only be ratified by a Policy Jury.

Monetary Policy Committee

The committee that sets monetary policy variables as well as making new proposals.

Financial Markets Authority

Regulator of the financial markets that opt to be regulated by the FMA. Regulates Polkaswap and provides governance facilities for the DEX.

Oversight Council

Scrutinizes all participants in the SORA Parliament and investigates violations of rules. If punishment of some entity is required, it proposes sanctions to a Policy Jury for the final decision.

Technology built on the SORA network

Polkaswap

Polkaswap is a non custodial AMM DEX designed uniquely for the Polkadot ecosystem and the interoperable future.

Polkaswap aims for liquidity, security, convenience, where an immediate exchange of assets can take place with style and freedom.

Lower gas fees

Achieved by a Substrate based infrastructure that bypasses expensive mining for consensus

Expanding DEX

Add tokens from the Polkadot ecosystem as well as from other blockchains to the exchange

Limitless Composability

The overall Polkadot architecture allows virtually limitless composability between blockchains

On-Time Transactions

Polkaswap uses Substrate, which has superior performance speed compared to Ethereum

Introducing the SORA mobile wallet

Account setup

SORA network account creation and import

Polkaswap integration

Swap and pool assets, earn rewards, make bank, live a good life

Governance and staking

SORA Parliament and staking made simple coming soon

Get the SORA mobile wallet today

Store assets from different networks in one app. You can also send assets and move them between networks as well as swap using Polkaswap. Plus governance and staking features made simple, coming soon.

App Store Google Play

Trade & Pool w/ Style & Freedom

Open Polkaswap

SORA typeface

SORA, meaning sky in Japanese, is a bespoke typeface family commissioned and fully open-sourced for the SORA decentralized economy.

Designed by Barnbrook, one of Britain's most well-known and highly regarded independent creative studios, based in London, who have created brand identity and environmental graphics for Art Basel and David Bowie. Barnbrook’s work is quite well known as well in Japan as his studio created the corporate identity for the largest post war development in Tokyo, Roppongi Hills.

Get the SORA font family Contribute on GitHub

Become a 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 by running validator nodes on the SORA network.

Become a Validator Stake XOR

7M+

Blocks

~432,000 blocks per calendar month

6.6M+

Transactions

~390,000+ tx per month on average

16K+

Accounts

Stake, trade, pool and earn rewards

100%

Uptime

Unstoppable

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