April 21 2023, Ecosystem Updates for SORA, Polkaswap, and Fearless Wallet
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 21, 2023 Ecosystem updates!
If you missed the previous ones: April 10 / March 23 / February 27 /February 9 / January 23 / older Ecosystem Updates are archived here and Dev Updates are archived here.
Welcome to the April 21 Ecosystem Updates!
You are Here
Many worlds, one economy.
A man walks into a bank and requests to know the total supply of the local currency. The bank teller, perplexed, reminds the man that currencies have varying supplies and that fixed-circulation currencies are not viable for funding things “in the real world.” The value of a currency is increased by producing goods and services, so the more it is used to create value, the more it is worth; money has to “work.”
The bank teller had to get back to work, examining every detail to ensure that the SORA card would be bulletproof. Taking no risks, everything must be approved before anyone can sign up. Waiting for approval allows us to focus on other things. The SORA Kusama parachain bridge will be available for testing soon, and shortly thereafter, it will have a UI on test.polkaswap.io.
Great progress is being made on implementing the Orderbook, as part of the RFP which includes advanced trading features and technology advances at an astonishing speed. Also, the XST synthetic asset platform is now almost ready for integration.
“Excuse me,” said the teller, “since you’re dealing with a tool as important as money, the pain of waiting does not compare to the pain of losing.” She’s right. The pain that any issues would cause is significant, so it’s worth doing things right. The XST platform will undergo rigorous QA before being available on the mainnet, so we hope you’re looking forward to it; your cooperation will also be needed to help test on the testnet.
On the Polkaswap front, we are currently working on the UI for the Trustless EVM bridge, following the completion of the work for the Substrate bridge. We are also improving the user experience on Polkaswap with style enhancements that adapt to SORA’s increasing capabilities. Polkaswap will become a powerful center of liquidity that is easy to use and intuitive, with an even easier UI, new pools and tokenomics, support for multiple bridges, and the integration of SORA card and Orderbook features. It will be like a liquidity Lambo.
On the wallet front, SORA Card mobile signups are revving up, waiting for the green light. “Excuse me, miss, how long did you say this would take?”
Unfortunately, the freedom to have control over your finances in the palm of your hand, whether in fiat or cryptocurrencies, comes with many responsibilities. Every line must be scrutinized to detect and prevent any issues.
The Fearless Wallet ethos is that everyone should have access to their finances freely and fearlessly. That’s why we’re integrating SORA Card functionality, so you can access your assets on more networks and use them easily with your SORA Card in real life. Additionally, the latest release of Fearless Wallet features a mobile dApp signer. Please note that this is an experimental feature, and contact Fearless Happiness if you encounter any issues (and remember that anyone who DMs you first on telegram is a scammer, so block and report them).
The Fearless Wallet team is also working hard on SORA and Ternoa native staking integrations. The Fearless Wallet browser extension is working on a new release that will include Polkaswap swaps and UI improvements based on your feedback. Thanks!
We look forward to new and innovative ways of accessing revolutionary technologies. SORA is the only cryptocurrency in the world that has a rational and active monetary policy and this makes SORA the only viable system to compete with traditional economic systems. This is quite different from the tokenomics considered in other cryptocurrencies. XOR is intended to be used and recognized as legal tender, the same as the kind in your pocket and bank account, to fund the production of goods and services.
If this is the first time you’re reading this section, please take the red pill, then contact us in the morning at SORA’s Telegram group.
You are now up to date 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.
Business Track Progress:
- Polkaswap as a Service — 80%
- SORA Card — 95%
The PaaS business track has made 80% progress, 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 virtual and physical cards, is being worked on every day.
We are continuously releasing SORA Card articles with topics covering the introduction of the 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
Preparing to release v1.10.0 of the SORA network
- Substrate version updated on the development testnet
- We will test the release and provide critical fixes to the blockchain/frontend before advancing to the public testnet
- Changelog to private testnet: https://github.com/sora-xor/sora2-network/releases/tag/test-1.10.0
Highlights:
- Update Substrate to v0.9.38
- Add Substrate v0.9.38 migrations
- Add feature flags for bridges
- New benchmarks
- Buy back fixes
- TBC Buy Back XST
- Update DAI contract address
- Merge trustless-evm-bridge to develop
- Add relayer account to dev genesis
- [Fix] batch swap for same asset id (ADAR)
- Orderbook skeleton
- New extrinsic: Rename asset
- Crowdloan rewards improvements
Bridge: Substrate Trustless (Github Milestone)
- Updated Substrate version on the parachain (to v0.9.38)
- Working on the documentation for the frontend application
- Fixing bugs according to feedback from QA
- Working on Unit Tests and Benchmarks
- Working on metrics to monitor bridge health
Bridge: Trustless Multi-EVM → Ethereum (Github Milestone)
- Working on fixes after merging the (big) trustless-evm-bridge branch to the dev branch
- Working on the Relayer Incentive Scheme
XST Platform (Github Milestone)
- Fixing / Adapting code after the testnet integration
- XST Platform features are now ready to be tested by QA
- Once testing is complete, the oracle partner chain will be able to start mainnet (production) integration
Orderbook (Github Milestone)
- Completed work on the Orderbook skeleton
- Working on Orderbook architectural details
📱 SORA Wallet Update
🚀 Android + 🍏 iOS
- Waiting for a green light and due diligence from SORA Card partners before releasing 3.0.0 — Redesign & SORA Card to production
- Started working on SORA Card: Phase 2
- SORA Card and SORA Wallet will have separated wallets to minimise dependencies between the two projects
- Started working on release 3.1.0 — UX Improvements
- A comprehensive changelog to be announced
- It will be a follow up release to the latest major changes brought to the application and will add features to improve user experience
👷🏽♀️ SORA Builders Programme News:
ADAR Updates
The team is currently:
- Preparing product roll out strategy
- Working on responding to feedback from potential clients
Achieved milestones include:
- ADAR Reports updated
- UI improved
- Extra backend features implemented
- Automated tests implemented
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
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 #62
WORK IN PROGRESS:
⚙️ Google login (as an alternative way to sign transactions, allowing the use of any browser on Desktop/iOS/Android)
🔔 Notifications improvements: Price alerts
📒 Address book & identities
💥 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 🌐 Learn more at mises.site.
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 #67
🤖 Android
🚀 A release reactivating the experimental dApp Signer feature on the mobile client was issued. Fearless Wallet v2.2.2 is now available on Google Play and Github
We are still working to deliver the following set of features as soon as possible on both 🍎 iOS and🤖 Android:
💪 SORA Card Phase #1: builds have been handed over to SORA for final testing and then they will be sent to partners
💪 XCM cross-chain teleport libraries: working on parachain to parachain transfers and processing external assets and network data source
💪 App improvements, tech debt cleaning, UI/UX updates
💪 SORA and Ternoa native staking: The integrations are almost complete, they are currently in the final stage of testing and fine tuning
🖥 Browser Extension and Desktop Applications
🔥 Release v1.1.0 is available for download from the Google Chrome Web Store. It contains the following features
⛓ Polkaswap swaps
⚠️ UI/UX updates for network issues and asset management
🔥 This release will soon be deployed to the Firefox Add-ons Marketplace.
🚀 We are currently busy with:
💪 SORA Card phase #1. Resolving a pitfall related to using external scripts that are prohibited on an extension. We are redeveloping a part of the registration flow
💪 We are currently working on improving the performance and architecture of the app, including updating the service worker logic. Although it is temporarily on hold, we expect to finish the updates shortly
💪 Special service to fetch XCM transaction fees from block explorers and store them into a special JSON file that can be used by all platforms and clients
🚀 Collaborations and future initiatives
🤝 Subsquid: new networks have been added to the Giant Squid projects, they’ll be available very soon on Fearless Wallet
🤝 SORA and Polkaswap: collaboration on SORA Card Phase #2 further steps and rational development
🤝 Societal: held a meeting and discussed potential collaboration points between teams
#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:
Twitter | Telegram | Reddit | YouTube | Announcements Channel
Polkaswap 𒊹𒂵𒆜 community:
Twitter | Telegram | Reddit | YouTube | Announcements Channel
Fearless Wallet 𒉡𒉎𒋼 community:
Twitter | Telegram | Element | YouTube | Android App | iOS App
