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The Sora (XOR) project aims to create a new decentralized economic system using blockchain technology. It focuses on building an efficient and inclusive ecosystem for managing and distributing value globally. Here are the key aspects of the Sora project:



### 1. **Goals and Mission**

Sora aims to establish a digital economy that is:

- **Decentralized**: Ensuring no central entity controls the economic system.

- **Transparent**: Allowing all transactions and processes to be auditable and traceable.

- **Inclusive**: Providing financial services to everyone, including those without access to traditional banking.



### 2. **Key Components**

#### a. **XOR Token**

XOR is the main token in the Sora ecosystem, used for various transactions and functions on the network. It is essential for paying transaction fees, participating in governance, and as a base pair on the Polkaswap trading platform.



#### b. **Polkaswap**

Polkaswap is a decentralized exchange (DEX) built on the Sora network, enabling cross-chain trading of various blockchain assets without a central intermediary. It aims to provide high liquidity and low costs.



#### c. **SORA Parliament and Governance**

Sora features a decentralized governance system through the SORA Parliament, where XOR token holders can participate in decision-making processes about network development and resource allocation. This structure gives the community greater control over the project's future direction【32†source】.



#### d. **Interoperability**

The project supports interoperability through bridges such as Kusama and Polkadot parachains, and a Bitcoin bridge. This allows for value and data transfers between Sora and other blockchains, enhancing the network's utility and adoption.



### 3. **Special Features**

#### a. **SORA Card**

The SORA card enables users to top up fiat accounts using XOR, bridging traditional finance infrastructure with decentralized finance (DeFi). This aims to make the daily use of cryptocurrency more practical.



#### b. **SORAcles**

These oracles provide secure and reliable data for executing smart contracts and other blockchain functions. SORAcles are crucial for supporting decentralized applications (dApps) that require real-world data.



#### c. **Liquid Staking**

This feature allows users to access the liquidity of their staked funds, enabling them to participate in staking while maintaining access to their capital【32†source】.



### 4. **Future Developments**

Sora v3 introduces several upgrades and new features, including:

- **DAO Implementation**: Enhancing decentralized governance.

- **Cross-Chain Bridges**: Improved integration with the Polkadot and Kusama ecosystems.

- **New Infrastructure**: SORA Block Explorer and a Bitcoin bridge.

- **XORless Transactions**: Allowing transactions without directly holding XOR, increasing network accessibility【32†source】.



### Conclusion

The Sora project seeks to create a fair and inclusive economic ecosystem using blockchain technology. Through its innovative features and continuous development, Sora aims to provide efficient solutions to global economic challenges.


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