Polkaswap Soft Launch

Polkaswap
Polkaswap
Apr 27 · 4 min read

TL;DR

  • Polkaswap is launching on the SORA network with a 2-way bridge to Ethereum and the ability for anyone to create their own assets, provide liquidity, and trade
  • The SORA XOR token is the liquidity token used to provide liquidity with all token pairs
  • The community runs SORA network validators and the Polkaswap.io website (via IPFS)
  • Initial council members are set up and ready to vote on upgrades
  • Community has to deploy bridge
  • We are ready to roll!
Lillie Soramoto

Polkaswap: The Degentral Bank of Crypto

Polkaswap.io is a new kind of DEX, built natively for the composable DeFi future of Polkadot and Kusama. Cross-chain compatibility is a given and blockchain maximalism is as out-of-date as pleather chaps. In fact, token-maximalism is also dead and instead everyone is welcome to play, as non-native tokens will be automagically converted to pay gas fees for swaps. The XOR token is used to provide liquidity to token pairs, but it exists because of the profound tokenomics of SORA, not because of dogma.

Who are you calling soft?

The launch of Polkaswap today is termed a soft launch, but it does a lot of hard things. Advanced tokenomics, multi-chain tokens, and built on Parity Substrate technology, Polkaswap is an entirely new generation of DEX. Polkaswap also features unparalleled decentralization, with a decentralized Ethereum bridge maintained by off-chain workers of the SORA network, IPFS for hosting the front end, static web app, and the web page itself that communicates directly with the blockchain nodes on the SORA network. All of the technology used is best-in-class and the community of contributors has really done a lot to push humanity forward.

https://youtu.be/fXmcAFT8AzA

About SORA Network, Polkaswap, and Fearless Wallet

SORA is a new economic system aimed at creating a supranational, world economic system 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 the Polkadot ecosystem.

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Polkaswap

A DEX for the Interoperable Future

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. Website: polkaswap.io

Polkaswap

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Polkaswap

https://polkaswap.io is a non-custodial cross chain AMM DEX designed uniquely for the Polkadot and Kusama ecosystems and hosted on the SORA 2.0 network.

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. Website: polkaswap.io

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