August 24 2022, 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 ecosystem. 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 August 24, 2022 Ecosystem updates!
If you missed the previous ones: August 10 / July 27 / July 14 / July 1 / June 15 /June 1 / May 18 / May 4 / April 20 / April 6 / March 23 / March 9 / February 23 / February 9 / January 26 / January 12 / December 29 / December 15 / December 1 / November 17 / November 3 / October 20 / October 6 / September 22 / September 9 / older updates are archived here
Welcome to the August 24th Ecosystem Updates!
You are Here
Some say that seven is a lucky number, and in the seventh iteration of the SORA Integrated Plan, we can see why. As mentioned last time, the SORA Kusama Parachain is live. While this is great news, our vision involves a bridge between the SORA Substrate chain and the SORA Kusama parachain. We are happy to announce that work on this bridge is progressing, but delays in the production version of the Parity Bridges Common is slowing down progress. Solutions that involve a bridge between the SORA network and the SORA Kusama Parachain that focus only on assets are being explored to speed things up. A testnet HRMP connection with our frens at Karura has been set up and we are studying the best ways to manage the parachain assets, that is compatible with the assets on Polkaswap. There has been some progress on BEEFY proofs by the team at Parity and we reiterate our availability and support to improve this implementation for the overall Dotsama ecosystem.
The SORA card and SORA IBAN initiative has also received some important progress this fortnight! During the last Ecosystem Updates, we submitted a survey for you to fill regarding your preferences for functionality to be available for card and IBAN at launch. Your voice has been heard and we are working hard with our partners to make sure these implementations are available. The SORA card and SORA IBAN will be revolutionary as these functionalities will be accessible through a self-custodial wallet interface, ensuring that all your finances are in the palm of your hand, wonderful! Imagine a Revolut-style interface, integrated into the SORA Wallet and Polkaswap!
The upgrade to Substrate 4 is progressing steadily and once this has been successfully tested, there will be much more progress on the milestones to update. Speaking of successful testing, the Trustless Multi-EVM bridge was made available for people to test last week. At the moment it doesn’t have a UI, so users without advanced skills will find it next to impossible to use the bridge as-is, but the good news is that a friendly (and beautiful) UI is in the works, which will allow users of all skills to help us test. Thank you to all the devs who have helped us testing the new EVM bridge so far; we appreciate your time and input.
XSTUSD-base pools for Polkaswap should be able to be tested soon. These are XYK pools on Polkaswap that use XSTUSD instead of XOR as a base pair, in order to limit impermanent rektage. If successful, they can be launched on the testnet shortly and then head to production.
On to another requested feature: order books. We are working on the architecture to implement this functionality that will certainly level-up Polkaswap with a fully on-chain and decentralized order book. This new and exciting feature will cement Polkaswap’s place as the liquidity hub of the Dotsama ecosystem. We don’t believe in rushed development as we want to provide the best in terms of security and functionality, so please bear with us.
We are happy to announce that the DEO Arena Season 1 is LIVE! Try your hand in PvP combats to take home a part of the $20 000 worth of XOR in prizes available! You can use your NFT boost and referral code to improve your chances in the arena, so see you there!
Finally, there are some interesting updates to the SORA Decentralized Development programme, read all about it in the SORA Ecosystem Updates.
That was it for this time’s You Are Here, we look forward to updating you in two weeks!
You can find the summary of the integrated plan points published in the July 14 ecosystem updates on the SORA Wiki.
We are proud to announce that the second annual SORA Economic Forum will begin on the 23rd of September, featuring a very special list of speakers including Prof. Richard Werner, Johannes Duong from the Oesterreichische Nationalbank, Tim Swanson from Clearmatics, and more to be announced. Free registration will be opening soon, so stay tuned for more details of this exciting event.
SORA Ecosystem Update #45
Business Track Progress:
- Curve Gauge — 60%
- Polkaswap as a Service — 15%
- JP Games — 50%
- SORA Card — 20%
- SORA IBAN — 20%
Thank you for your collaboration in the SORA card and IBAN survey. We will continue working to bring you non-custodial financial freedom, available in the palm of your hand.
- Demeter XSTUSD Reward — Complete
- Sri-Lanka Open Letter- Complete
The SORA for Sri Lanka initiative receives daily updates on the SORA Telegram channel. Join our community for updates from SORA contributor Dr. Makoto Takemiya that you won’t find anywhere else. If memes and waifus are not your style, you can also join the SORA Serious community on Telegram. Please note that this group is a serious chat, and spam, memes, off-topic fun stuff, and other irrelevant content will be swiftly removed and the poster insta-banned. With that clarified, we seriously look forward to reading your valuable opinion.
The SORA for Sri Lanka website hosts the open letter that was sent to all Sri Lankans and published in Sinhala, Tamil, and English in major newspapers.
As the economy for many worlds, the best place to begin would be Planet Earth and the best time to begin is now. As once major economies have been crippled by greed and the desire to accumulate funds, instead of making them work to improve societies. If you are interested in the ongoing dialogue around the open letter to the people of Sri Lanka, join the dedicated Telegram community.
Daily SORA updates by Dr. Takemiya have been compiled into a convenient Telegram channel, SORA Daily. Join and watch all the past and upcoming updates in one place!
⚙️ SORA Blockchain Update
⛩ SORA Mainnet ↔ SORA Kusama Parachain Bridge
- Working on setting up the assets pallet on the SORA Kusama parachain to enable flow from/to other parachains and from/to SORA Mainnet
⛩ Trustless EVM bridge to Ethereum
- Ongoing updates based on the audit report
- The new bridge is available on the public testnet! (How to test the EVM Trustless bridge)
- Work on the migration to the new Substrate version continues
- Preparing migration to the test environment
- Established and prioritised user/developer stories
- Started working on requirements and architecture
- The order book will be 100% decentralised and on-chain!
🧑💻 Working on improving the Developer Experience (DX) and SORA Ecosystem Experience!
📱 SORA Mobile Update
🚀 Android 2.5.0 — Multi-accounts & Referral System is now available to 100% of the user base!
Working on 2.5.1 — Node Selection & Export Accounts, you’ll soon be able to enjoy;
- Selecting the node you want to connect to (MoF or custom)
- Exporting your account(s)
🍏 iOS 2.4.0 — Polkaswap Pools is being polished before publication on SORAlution (Testflight)
- iOS 2.5.0 — Referral System is being tested internally before being published on SORAlution
- Working on Substrate 4 migration
👨💻 Work in Progress
- New, modern design for the wallet! 😏
- Security improvements
- Small fixes
Congratulations to the winners of the first round of the Hackernoon DeFi Writing Contest! If you haven’t participated yet, don’t worry, you’re still in time! There will be a round every month ending on the 31st of December, 2022.
Follow these 3 easy steps or take a look at this Hackernoon article for more information on how to participate.
👷🏽♀️ SORA Builders Programme updates:
ADAR stands for Advanced Digital Asset Routing, and is a solution that will allow businesses to seamlessly transmit digital assets to payees around the world. This will be done at a lower cost, higher speed, and with less obstacles than the current implementations.
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, visit the ADAR website.
Welcome to the SORA Builders Programme, we look forward to further developments from ADAR!
The DEO Arena Season 1 is LIVE! Participate in PvP combats to take home part of the $20,000 worth of XOR! Read more about DEO Arena in this press release
As security is a top priority, the CERES Immunefi bug bounty is live with rewards of up to $70,000! The rewards vary according to Immunefi’s Vulnerability Severity Classification System. Check out the assets in scope and submit your Proof of Concept to the CERES bounty page.
The Demeter Farming platform is available on the SORA network for users to stake in liquidity pool pairs or also single-sided staking with interesting APR*. New pools are constantly added, as well as Polkaswap integration. For more information, read this Medium article on the Demeter platform.
*Not financial advice, always do your research.
🐈⬛ SORA Request for Proposal updates:
🆕 Updates from the Decentralized development programme have been quiet recently, both in terms of community submissions as well as programme improvement and optimisation and we are happy to announce that a lot of work has been going on behind the scenes to improve and ease the experience for the community submitting their proposals, and the developers working on and implementing them.
As the SORA Integrated Roadmap was recently released, we thought that a way to make the experience of using github less mystical and more in tune with improvement submission systems that users are more comfortable with, therefore, we have implemented RFP as issues.
This means that instead of (or along with) opening a PR, you can now submit an issue that has the same fields as those needed to submit an RFP! Who hasn’t opened a complaint request or submitted a ticket to a customer service portal? OK, granted there are people who haven’t, there are also a lot of people who have, certainly more than the number of people who have branched a repository and submitted a pull request.
We hope this sounds interesting and to motivate you further to submit a request or comment on one, here is a quick walkthrough on how to do it;
1- Navigate to https://github.com/sora-xor/rfps/issues
2- Start a New Issue, then hit Get Started.
3- Fill in all the fields as you would when submitting an RFP, each field will now have hints as to what to add, in case you get stuck in any of the steps!
4- Once you are done filling in the fields, hit Submit New Issue and then stay tuned for any comments or concerns that may be raised!
After creating an RFP using this new process, you can follow it’s progress in the issue section, where other users and developers will be able to discuss implementations and progress conveniently and easily, as well as mark the proposal as complete once it has been successfully worked on!
We hope this will motivate you to add your proposals for development and we look forward to all the interesting ideas you, as valuable community and important part of this project, submit in the best interest of the network and its users.
We will continue to fine-tune this process and update the SORA Decentralised Development guide with a concise walkthrough. 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!
Join the SORA Ambassador Program and help us grow, moderate, educate, inspire and encourage the existing community, while reaching out to others. We are open to ambassadors who speak any language, but ideally, a basic level of English is required to communicate with other ambassadors (unless you bring an interpreter).
If you are interested in joining, reach out to an admin, and stay tuned for more updates.
SORA Web Track Progress:
- DEO Arena MVP — Complete
- Polkaswap Charts — 100% *The implementation of charts is waiting for the integration of Substrate 4 and will make Polkaswap useful for serious traders
Polkaswap Ecosystem Update #48
👨💻 Work in Progress:
📈 Token page adaptive design
🌉 Trustless bridge draft implementation
🖥 Desktop application finalisation
✅ Release 1.10.0 has been completed. It will be deployed to the testnet after the SORA blockchain runtime has been upgraded to Substrate v.4.
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 and Browser Extension — 60%
The implementation of the Fearless Wallet desktop is undergoing steady development.
Fearless Wallet Ecosystem Update #53
🍎 iOS version
The team is currently developing the following feature set;
💪 The new Fearless Wallet UI/UX
✨ New main screen logic and custom components
✨ Send flow UI/UX update
✨ Wallet management UI/UX update
💪 Nomination pool staking
✨ The main staking screen will be updated to a new version for Nomination pools
✨ Join a pool flow
🤖 Android version
🦾 v2.0.8 was released on Tuesday, August 16th
The features released include:
✨ Moonbeam collator staking implementation
✨ Various UI and architectural optimisations and improvements
🚀 The team is currently working on
💪 New Fearless Wallet UI/UX
✨ The main screen logic and custom components
💪 Nomination pools staking
✨ Main staking screen updated version for Nomination pools
⛓ New networks:
🔥 Available on iOS and Android
🚀 Collaborations and future initiatives
🤝 Chainlink team: next meeting and next step of relation building
🤝 RAMP team: participating in the Off-ramp feature presentation
Thank you for your attention during these updates, we hope for your continued support of the SORA network with the goal to achieve a supranational multiverse economic system. We look forward to seeing you in two weeks for the next update.
About SORA, Polkaswap, and Fearless Wallet
SORA is a new economic system aimed at creating a supranational multiverse 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.
One of the DeFi applications that will run on the SORA network is Polkaswap, a noncustodial liquidity aggregating, cross-chain AMM DEX designed uniquely for the Polkadot ecosystem with 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 ecosystem, with native support for iOS and Android platforms. A premium user experience, fast performance, and secure storage for your accounts. Fearless Wallet will integrate Polkaswap for easy, decentralized swaps of assets.