October 20, 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 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 October 19, 2022 Ecosystem updates!
If you missed the previous ones: October 5 / September 21 / September 7 / August 24 / 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 October 20th Ecosystem Updates!
You are Here
“It takes a great deal of boldness and a great deal of caution to make a great fortune; and when you have got it, it requires ten times as much wit to keep it” Nathan Mayer Rothschild
It isn’t the custom of this section, to begin with a quote, however, this time it seems more than apropos. In the XST introduction article written by Dr. Makoto Takemiya, the Dr. mentions that XOR-XST LP’s are effectively the Lord Rothschilds of the XST token, and, although the full and robust XST token implementation is currently at 40% completion, LP’s can already begin to enjoy seignorage from the XST token supply increase (our friends at SubQuery and our SORA Card partners SORA Biome are the first to receive payments for services provided, in the XST token).
At the moment, we are working hard on adding XST as a reserve asset to the TBC, as well as tying its rate to DAI. If that was not enough, the XOR-XST pool is now available on Demeter with rewards in XST!
In other news, the implementation of the Substrate 4 upgrade to the SORA network draws closer and within the next few days, it will be available on the public testnet, along with XSTUSD base pairs! This means that points from the SORA Integrated Plan such as the Polkaswap Pools in the SORA mobile app and SORA network tokens available in wallets such as Fearless Wallet are within arm’s reach. We will keep you up to date with news regarding the public testnet deployment, we hope for your help testing these highly awaited functions.
Keeping with the roll of good news, the SORA-Kusama parachain bridge development is steadily advancing, the components for the bridge are mostly done and once they are linked, it will be possible to begin testing! On the other hand, the Trustless Multi-EVM bridge is still on the public testnet. Once we have gathered enough information, it will be ready to go live, so stay tuned!
The Fearless Wallet team is working hard on the desktop app and browser extension and there was a demo last week highlighting new and fearless functions that will be available soon! Don’t worry if you missed out, the link to the demo recording is available below.
Finally, you can join the SORA World Discord server and engage with the community. We have begun working more on this server and are happy to hear your suggestions or comments about what you would like to see here. We will organize interesting events such as AMA or community calls here soon, so join now!
Fearless Wallet was discussed a lot on the Kusama network’s Polkassembly platform, after the nova team blocked the proposal for a Kusama grant for the Fearless Wallet browser extension, to provide you, the community, with tools to navigate web3 fearlessly. The TL;DR of the situation is that when the nova team forked the Fearless Wallet open-source code to jumpstart their product, they left the Fearless Wallet logo within the first iterations, in addition to possibly using internal design files and definitely using know-how about features that were still being designed. As the Fearless Wallet logo is protected under Swiss trademark law, the nova team had their app removed from the Google Play store last year, until they updated their app, sufficiently changing the design.
The Fearless Wallet team has learned from this negative experience and have continued to build and release new features, but the nova team decided to block the proposal again with old news. Whose actions are more detrimental to the ecosystem? That’s up to you to decide! #StayFearless #𒉡𒉎𒋼
That is it for this fortnight’s you are here. Keep your wits about you, tenfold, and stay tuned for more!
You can find the summary of the integrated plan points in the SORA Wiki.
SORA Ecosystem Update #49
Business Track Progress:
- Polkaswap as a Service — 20%
- JP Games — 50%
- SORA Card — 35%
- SORA IBAN — 35%
SORA Card weekly articles are being released with topics covering the SORA Card introduction, SORA Card key features, a comparison between SORA Card and other crypto-powered banking services, and an interview with the people behind the SORA Card tech and management.
Stay tuned for more articles with interesting and insightful information on this great tool for financial freedom. SORA Card | Value Freedom
⚙️ SORA Blockchain Update
Substrate Trustless Bridge: SORA Parachain
- Components of the trustless bridge architecture are mostly ready
- We need to link them together and test the entire system now
EVM Trustless Bridge: Ethereum
- We are mainly focused on the Substrate Trustless Bridge now
- We continue working on addressing the fixes from our security audit
- Testing of the multi-EVM bridge on the public testnet is ongoing! (see: How to test the multi-EVM trustless bridge)
- We have completed testing of the Substrate 4 upgrade on the internal test environment
- The Substrate 4 upgrade should be deployed to the public testnet in the upcoming days
- Validators will need to update their nodes before we can deploy Substrate 4 to the production environment (Running a Validator Node); stay tuned for an announcement regarding the exact time range to update
📱 SORA Mobile Update
- 2.5.1 — Node Selection & Export Accounts are available on GooglePlay!
- We are focused on implementing the wallet redesign and the SORA Card integration!
- 2.5.0 — Polkaswap Pools are complete and will be released once the Substrate 4 upgrade is released to production
- 2.5.1 — Node Selection is ready and will be released with the new wallet redesign
- We’re focused on implementing the wallet redesign and the SORA Card integration!
👷🏽♀️ SORA Builders Programme updates:
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. The MVP is currently being developed and should start testing soon.
The SORA Builders Programme first alumni Ceres are expanding their reach across chains within the Polkadot ecosystem to the Astar network. We look forward to their future developments!
XOR-XST, XOR-DAI, and XOR-ETH pools for farming the new XST token are now available on Demeter. These pools will be open for XST farming for about 15 more days, so you can provide liquidity and farm XST if you wish to be among the first to receive this groundbreaking token!* Not advice, so do your own research!
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!
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.
Polkaswap Ecosystem Update #52
👨💻 Work in Progress:
🌉 Trustless Multi-EVM Bridge UI
📒 Fiat pricing & history improvements
✨ Accessibility improvements
💻 Polkaswap Desktop app security improvements
🔥 The final version of Release 1.10.0 has been prepared for testing. It will be available on the public testnet soon. Stay tuned!
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: 85%. The implementation of the Fearless Wallet desktop is already undergoing steady development, despite not being funded yet by the Kusama Treasury
Fearless Wallet Ecosystem Update #57
🍎 iOS version
🚀 We are currently busy with the following features:
💪 The new Fearless Wallet UI/UX
✨ Update and optimisation to the token sending flow
✨ High-load testing and Runtime optimisation (to fit 202 chains and their assets)
💪 Nomination pool staking
✨ Final polishing and bug fixing
🤖 Android version
🚀 We are working on the following features:
💪 The new Fearless Wallet UI/UX
✨ Receive flow
✨ Updates and optimisations for the send flow
💪 Nomination pool staking
✨ Validator selection and pool management
💪 dApp connector & signer
✨ Collaborating with the web development team to test and debug
🗣 The recent Fearless Wallet Public Demo was held on October, 12th.
✅ Demo Agenda:
🚀 iOS & Android progress updates & achievements
🚀 New features were shown:
✅ Create a nominator pool flow
✅ Address Book & QR Code for the “Send Flow”
🚀 Next steps and release perspectives
⛓ New networks:
🖥 Browser Extension and Desktop Applications
🚀 Kusama Treasury proposal is awaiting the next voting stage
🚀 Overall development progress regarding the 1st milestone is about 85%
🚀 Main flows are undergoing polishing and bug fixing
🚀 Ongoing dApp connector/signer UI & logic debugging
🚀 Collaborations and future initiatives
🤝 SubSquid: new project launch and future collaboration
🤝 Bifrost: roadmap and product development perspectives, co-marketing activities
🤝 SORA: Substrate 4 upgrade, Polkaswap integration perspectives
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.