April 10, 2023, Ecosystem Updates for SORA, Polkaswap, and Fearless Wallet

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SORA

12 min readApr 10, 2023

The SORA, Polkaswap, and Fearless Wallet projects are all closely related as they form integral parts of the SORA and Dotsama ecosystems (of which SORA is a part). That is why development status updates are released every two weeks for these three projects, in one convenient place, with development updates from across the community. Enjoy the April 10, 2023 Ecosystem updates!

If you missed the previous ones: March 23 / February 27 /February 9 / January 23 / older Ecosystem Updates are archived here and even older Dev Updates are archived here.

Welcome to the April 10 Ecosystem Updates!

The first quarter of 2023 has ended, and industries and projects are reviewing their achievements while planning for future progress. This is an opportunity to reflect on SORA’s accomplishments towards its goals across various tracks and to reiterate the value that a new economic system brings to the world. To learn more about this, read this article.

Systems provide structure and support for creating innovative tools that can enhance users’ lives and the societies they serve. SORA aims to be a novel and rational economic system, as discussed in this article. The tools available within the network prioritize making economic systems accessible to all users, not just seasoned experts. This accessibility should make it easy for anyone to take advantage of these breakthroughs.

The main tools that the SORA network provides come in the form of wallets, such as the SORA wallet for interacting with native network tokens like XOR, VAL, PSWAP, TBCD, XST, and more, as well as Fearless Wallet, the interoperable Substrate super wallet. With the wallet in place, you can fearlessly access SORA’s economy and own your assets. Next comes the beating heart of the economy: Polkaswap.io, which offers all the token swapping, staking, and farming tools in a beautiful, intuitive, and stylish interface.

Decentralized finance allows everyone to have direct control over their assets without intermediaries like brokers or bankers. However, the inherent responsibility that DeFi brings to users is not without its risks. Therefore, it is crucial to have access to data. Without data, you are navigating in the dark. Data shines a light on the vast unknown, revealing its secrets and helping you choose the best path to follow. The light at the end of the tunnel leads to a bright outcome.

As the spring arrives, we continue to work hard to advance the progress of the SORA integrated plan. In the last update, we shared the great news that the SORA Kusama parachain lease had been renewed, thanks to all the contributors that locked KSM to help this happen. With the renewed lease, work on the Substrate bridge continues, with public testing coming soon. We hope you will help ensure that the final bridge is up to SORA standards.

The trustless multi-EVM bridge is getting a UI, and work is ongoing to make it as easy and intuitive for you to use, just like the HASHI bridge. Order book development is progressing smoothly, and the core implementation is ongoing. SORA release 1.9.0 was successfully implemented, improving network stability and laying the foundation for great innovations coming down the pipeline. For those who are interested, a changelog is available here. We ask all SORA network validators, affectionately known as node runners, to update their nodes to v1.9.0.

We published an exciting article about the SORA VALidator token and its new TradFi use. Along with the exciting utilities that the VAL token brings, having a tie to real-life finance cements its position as the store of value for the network. If you are not familiar with VAL, take a look at this article to get yourself up to speed.

𒋾 to the Future

TL;DR

link.medium.com

Polkaswap is a stylish and intuitive tool available for all users of the SORA network, Polkadot and Kusama networks, and beyond. Diligent and attentive work is done to ensure that the promise of freedom, decentralization, and innovative access to liquidity is provided. With the latest Polkaswap release, features such as Fearless Wallet integration and informative charts have been added. Polkaswap 1.15 has a status bar highlighting connection statistics, direct access to pools and token swaps, and a velocity coefficient of the tokens available in the Explore section. Velocity coefficient (VC) is a term used in TradFi to define the monthly average of times that a currency changes hands and is a good indicator for the asset’s liquidity and trading activity.

Along with all the information and features available on Polkaswap, we are working hard in collaboration with other project teams through the Polkaswap-as-a-service initiative to provide you with all the major tokens within the blockchain space. The team is working hard to bring even more tokens to Polkaswap to make it the one-stop exchange where you can find, trade, and pool all the tokens you want, with boundless liquidity.

Polkaswap will provide access to the SORA Card, which gives you control over your finances. Stay tuned for updates on the SORA Card as we prepare for the launch of phase one. We are committed to ensuring safety and compliance for all parties involved, with the ultimate goal of giving you peace of mind.

Along with the work being done to BUIDL, SORA contributors have also been out and about sharing the good news of SORA to inspire future buidlers on the network through brainstorms, panel discussions, and presentations. This time, collaborators attended the Polkadot India event…

… and the Polkadot Safari event, which took place in Nairobi.

IRL events like these are great because they provide projects in the crypto space with an opportunity to interact with other project teams. This helps foster an environment of collaboration and unity within the ecosystem, which lifts up everyone. Most importantly, these events allow teams to touch base with users, empowering them to better understand the projects and their different use cases. As a result, they can contribute to or build solutions that have a real impact on peoples’ lives using the technologies that are currently available.

At the end of the day, all the work we do is to help users improve their lives. Through the technologies that we diligently build, they can find solutions for their communities that create significant changes and improvements in the world.

You are now up to speed with what has happened in the last few weeks in the SORA ecosystem and the current state of the SORA Integrated Plan. Please stay tuned for upcoming news from all of the SORA contributors, and we’ll see you again in two weeks. Let’s get back to work!

*This is not financial advice, always make sure to do your own research!

You can find the summary of the integrated plan points in the SORA Wiki.

SORA Ecosystem Update #58

Business Track Progress:

Polkaswap as a Service — 80%
SORA Card — 95%
SORA IBAN — 95%

Polkaswap-as-a-service has made significant progress by onboarding its first liquidity programme partnership with Ternoa, which involves locking CAPS in a liquidity pool on Polkaswap for community members to enjoy cheap and fast trading. This is just the first step in our partnership.

The PaaS business track has made 80% progress, as we are working on additional Polkaswap business partners in the background, on top of our liquidity programme offering. You will hear more about this when it is ready!

SORA Card sign-ups are currently being reviewed by our banking partner, as well as Google and Apple. “Wen” depends on third parties from here. The development of the next phase, which allows you to exchange EUR ←→ XOR and use the virtual and physical card, is being worked on every day.

We are continuously releasing SORA Card articles with topics covering the introduction of SORA Card, key features of SORA Card, a comparison between SORA Card and other crypto-powered banking services, an interview with the people behind the SORA Card tech and management, and a recent article on SORA Card Phase One. The SORA community recently held an AMA with Dr. Makoto Takemiya and Beno van Gansen regarding SORA Card, and you can read all about it in this recap.

Stay tuned for more articles with interesting and insightful information on this great tool for financial freedom. SORA Card | Value Freedom

⚙️ SORA Blockchain Update

1.9.0 — Fixes & Maintenance has been released to Mainnet!

The full change log can be found on Github: https://github.com/sora-xor/sora2-network/releases/tag/1.9.0

Bridge: Substrate Trustless

The SORA Kusama parachain on Rococo has been fixed and is back to producing blocks
Updating the Substrate version to 0.9.38 for the SORA release 1.10.0, ahead of the public testnet for the bridge

Bridge: Trustless Multi-EVM → Ethereum

Deploying the latest update to the development environment to enable the client application teams to complete the bridge’s UI implementation
It will be deployed on the public testnet once the UI within Polkaswap is ready
Working on the Relayer incentivization scheme

XST Platform

Testing the data feed integration on the testnet

OrderBook

Finishing the core structure implementation of the OrderBook
Working out details of the implementation (data structures)

📱 SORA Wallet Update

🚀 Android

Final review for the release 3.0.0 — Redesign & SORA Card

Communication with partners about feedback for the SORA Card integration

We regularly update SORAlution (testnet application) where you can help us test and provide feedback to ensure the production release will be in the best shape possible!
Already working on the next release

🍏 iOS

Final review for the release 3.0.0 — Redesign & SORA Card
We regularly update SORAlution (testnet application) where you can help us test and provide feedback to ensure the production release will be in the best shape possible!
Already working on the next release

👷🏽‍♀️ SORA Builders Programme News:

ADAR Updates

Updated robustness of the payment templates within the application
ADAR fees are now available on the UI
The updated report features exports as CSV or PDF and added more information within
Working on updating copy on the ADAR website and on ADAR product flow.
The final phase of testing is ongoing
The ADAR development timeline is available here

For frequent updates from the ADAR team, join their Telegram group!

Here is the proposal submitted by ADAR, for more information on the Abed Group, take a look at this deck, and to try the version available from the completion of the first milestone, you can visit the ADAR website.

Ceres Updates

The Ceres team has been hard at work the last two weeks, a summary of their latest updates includes:

Ternoa team locked liquidity for one year through Ceres Liquidity Locker**!**🔒🤝

2. DEO Arena has been presented on USF Gaming Fair, in Belgrade, on April 2. Here are some pics from the event:

3. DEO Arena Season 6 has finished with more than 7,800 DEO burned which is a record.

4. Q1 Asset report for Hermes DAO has been released.

For constant updates from Ceres, subscribe to the Ceres Announcements channel on Telegram.

The Demeter Farming platform is available on the SORA network for users to farm with liquidity pool LP or single-sided staking, with interesting APR*. New pools are constantly added, too. Demeter farming is directly integrated into Polkaswap, for convenience. For more information, read this Medium article on the Demeter platform.

*Not financial advice, always do your own research.

🐈‍⬛ SORA Request for Proposal Updates:

The SORA Decentralized Development walkthrough was published on September 2nd, take a look at the new RFP system and submit your proposal in an easier and more intuitive way. Please let us know your thoughts about these improvements in the SORA network community chats on Telegram!

Join the Decentralized Development channel on the SORA World Discord.

Thank you for making it all the way here. Your interest is much appreciated. If you are a passionate community member who evangelizes SORA and its supranational cryptoeconomic values to anyone willing to lend an ear, we are looking for you!

Polkaswap Ecosystem Update #61

🧬 Polkaswap v1.15 has been released! 🧬

Here are the detailed release notes

WORK IN PROGRESS:

⚙️ Google login (as an alternative way to sign transactions, meaning any browser on Desktop/iOS/Android can be used)

🔔 Notifications improvements: Price alerts 💥 Subsquid service implementation

🔥 Referral system improvements

✨ New history filters in wallet activity

💲 Export history as a csv file (for taxes and other reasons)

Trade on Polkaswap.io with even more style and freedom using the Web3-optimized Mises Browser! Mises is an open-source and user-friendly mobile browser compatible with most Chrome extensions.

The Polkaswap Bug Bounty is ongoing! Submit your findings to the Immunefi platform!

For more information and participation rules, read this article on the SORA / Polkaswap Bug Bounty Programme.

SORA Web Track Progress:

Fearless Wallet Desktop App and Browser Extension: 100%. Download the Fearless Wallet browser extension here!

Fearless Wallet Ecosystem Update #66

🍎 iOS and 🤖 Android teams are working together to deliver the following set of features as soon as possible

💪 SORA Card Phase #1: main development has been finished, QA team is testing and DEV team is fixing bugs, polishing flows and preparing the builds before release

💪 XCM cross-chain teleport libraries

💪 App improvements, tech debt cleaning, UI/UX updates

💪 SORA, Ternoa, Aleph-Zero native staking research and experimental launching

🖥 Browser Extension and Desktop Applications

🔥 Release v1.0.3 for the Mozilla Firefox Add-ons store is still under review

The next version v1.0.1 for Google Chrome will be available soon on the Google Chrome Web Store with such features as:

⛓ Polkaswap swaps

⚠️ UI/UX updates for network issues and asset management

🚀 We are currently busy with:

💪 SORA Card phase #1. UI and layouts are ready, now we’re working on third party service API and logic integrations

💪 Performance and architectural improvements of the App, i.e. service worker logic update. It’s undergoing the 2nd round of testing

🚀 Collaborations and future initiatives

🤝 Subsquid: roadmap updates, new network indexing deliveries planning

🤝 Talisman: catching up with plans and schedules, rethinking the future collaboration

🤝 Ternoa: asset and network integration into the FW, next steps of collaboration discussion

🤝 Pendulum: asset and network integration into the FW, next steps of collaboration discussion

#StayFearless 𒉡𒉎𒋼

About SORA, Polkaswap, and Fearless Wallet

SORA is a new economic order for the world, aimed at high growth and empowering human progress. The SORA network includes interoperability with the Polkadot and Kusama networks, as well as the capability to bridge external blockchains (like Ethereum) to the Polkadot ecosystem.

One of the DeFi applications on the SORA network is Polkaswap, a non-custodial liquidity aggregating, cross-chain AMM DEX designed uniquely for the Polkadot ecosystem. It offers boundless liquidity through its one-of-a-kind Aggregate Liquidity Technology (ALT).

Fearless Wallet is a bespoke mobile wallet designed for the decentralized future on the Polkadot and Kusama ecosystems, with native support for iOS and Android platforms. It provides a thrilling user experience, fast performance, and secure storage for your accounts. Fearless Wallet will integrate Polkaswap for easy, decentralized swaps of assets.

Connect With Us

SORA 𒀭 community:

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Polkaswap 𒊹𒂵𒆜 community: