Sora

SORA NEO is a new economic system aimed at creating a supranational, decentralized central bank (DCB) with built-in tools for decentralized finance (DeFi). SORA will be a parachain on Polkadot and Kusama network, with the capability to bridge external blockchains (like Ethereum) to Polkadot. One...

⛓🕯 SORA v2 network was listed on the Rococo parachain proposal list under #1337

📺🔭 The SORA v2 testnet was added to Polkadot telemetry

And more updates here:
https://polkaswap.medium.com/january-29-2021-sora-polkaswap-and-fearless-wallet-dev-updates-f157bc726521

SORA Dev Update #8

##### As announced in an [article](https://medium.com/sora-xor/sora-v2-implementation-1febd3260b87), SORA will airdrop $VAL tokens for XOR ERC-20 token holders in Q1 2021, in order to support the SORA long term community. The snapshot date is not yet announced.

**Details on the $VAL Airdrop**
* Around the launch of the SORA 2.0 main net, there will be a snapshot of ERC-20 XOR holdings and ERC-20 holders who have control over their private keys will be able to claim $VAL tokens on the SORA 2.0 network.

* 94.57142857142857 $VAL will be airdropped per XOR to ERC-20 XOR holders, during the first year of the SORA v2 network.

* The expected launch of SORA 2.0-Mainnet between December 2020 and February 2021.

* Approximately 1/3 of the VAL token supply will be airdropped to the XOR ERC-20 token holders. That are 33,100,000 $VAL tokens.

* 10 VAL distributed per each XOR at the launch of the SORA v2 main net.

* 0.23170254403131116 $VAL vested per day to each XOR over the first 365 days of the SORA 2.0 main net operation.

**$VAL token in a nut shall**

* $VAL tokens are used to reward validators, as well as nominators to nominate the validators with their XOR.

* The total supply of VAL will start at 100 million and go down over time, because VAL will be burned with every transaction on the SORA v2 network.<

* VAL token holders can group together in DAO structures and vote to allocate liquidity on Polkaswap; the liquidity they allocate comes from half the margin in the SORA token bonding curve.

* In addition to the buy back and burn of VAL tokens, VAL token holders will also be rewarded with PSWAP tokens for providing liquidity on Polkaswap.

* Read more about $VAL here:https://medium.com/sora-xor/sora-validator-rewards-419320e22df8

**About SORA NEO, Polkaswap, and Fearless**

**SORA NEO** (**N**ew **E**conomic **O**rder) is a new economic system aimed at creating a supranational, decentralized central bank (DCB) with built-in tools for decentralized finance (DeFi). The SORA network implements a new way of parachain architecture on Polkadot and Kusama network, with the capability to bridge external blockchains (like Ethereum) to Polkadot ecosystem. One of the DeFi applications that will run on the SORA network is **Polkaswap**, a non custodial liquidity aggregator cross chain AMM DEX designed uniquely for the Polkadot ecosystem with boundless liquidity through one of a kind Aggregate Liquidity Technology (ALT) with the security and convenience of a DEX.

**Fearless Wallet** is a mobile wallet designed for the decentralized future on the Kusama network, with support for iOS and Android platforms. An awesome user experience, fast performance, and secure storage for your accounts. The Fearless wallet will integrate Polkaswap for easy, decentralized swaps of assets.



As announced in an article, SORA will airdrop $VAL tokens for XOR ERC-20 token holders in Q1 2021, in order to support the SORA long term community. The snapshot date is not yet announced.

Details on the $VAL Airdrop

Around the launch of the SORA 2.0 main net, there will be a snapshot of ERC-20...

**The SORA Ambassador Programme is aimed at building a larger SORA community and using the SORA ecosystem to increase the productivity and efficiency of society.**
If you are reading this, you probably know a bit about what makes SORA special: our rational economic model, democratic approach to governance, and commitment to creating real value for our users and the world. You may have even asked yourself (or one of the chat admins) how you can contribute to SORA. If so, the SORA Ambassador Programme is for you. SORAmbassadors work closely with the SORA team to raise awareness of SORA and represent the community. It is engaged users like you that make SORA a bold and trend-setting crypto ecosystem, and by becoming a SORAmbassador, you will contribute directly to the mission of using next-generation monetary tools to improve social efficiency and inclusion.

[Apply here](https://docs.google.com/forms/d/e/1FAIpQLScXcdlukkLBicJoZ8MKPoGzCGq-0Wu4PdOtDOny8pU1iANr2w/viewform)

[Read more about SORA Ambassador Programme](https://medium.com/sora-xor/%E5%A4%A9-become-a-sorambassador-ed290dadb247)

The SORA Ambassador Programme is aimed at building a larger SORA community and using the SORA ecosystem to increase the productivity and efficiency of society.
If you are reading this, you probably know a bit about what makes SORA special: our rational economic model, democratic approach to...

天 Become a SORAmbassador

SORAMITSU (SORA, Polkaswap, Fearless, Kagome)

A Multi-body sortition, censorship-resistant governance solution for the SORA world economic system.

Our proposal uses state-of-the-art technology to help realize a better system of global governance and capital allocation

Read about it here!
https://sora-xor.medium.com/the-sora-parliament-af8184dae384

A Multi-body sortition, censorship-resistant governance solution for the SORA world economic system.

Our proposal uses state-of-the-art technology to help realize a better system of global governance and capital allocation

Read about it here!
https://sora-xor.medium...

🏛 Introducing The SORA Parliament

Team is working on migration to SORA v2

🔁 Migration process was designed

↕️ New transfer flow for multi asset SORA 2 network was designed

And more updates here:
https://polkaswap.medium.com/february-12-2021-sora-polkaswap-fearless-wallet-dev-update-53de4c345274

SORA Dev Update #9

bafyreiarj6s2jsm66lq4nyxahtdpid6hnbc4xepq4wnggd7r7mktt7qkyq

bafyreihyx74sjnfarxoz2vf2ryha5xz74rcw6nk5zujucacm4bm6yl7ibi

bafyreignsrahst73jli6dey2lyxrbh3q6jyw6pzgybfjq57syowcf55o3e

bafyreid6s346gzwlvb5oaibfhjhtlhqv5arfe7wzqi6gup6e3ms47sgi2q

bafyreidoguxjrwu2grtf6y5jvfktnrd5whmsneet4bmv3pe6rhsw2xveoi

bafyreie3enorel3wflxspnm57uh3lmx6upkrbh6uh4yxnpzn2sz5xwaze4

bafyreiaigmxrqh3gdc5e44lxz74ei3bua5eram243pb4nlzubvw3d4zn5a

Sora

5 Posts