🔵 Ceres Updates: ✨ The Ceres team has been hard at work the last two weeks, a summary of their latest updates includes: ● XOR/HMX farming pool is live on the Demeter Farming Platform! Provide XOR/HMX and get $DEO as a reward! ● XOR/CERES pool with CERES rewards has been extended until April 25th. ● The Ceres Launchpad has been updated with XSTUSD as base asset to raise funds. ● DEO Arena Season 6 is LIVE! See you in the arena! 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 ❗️ 🌈 Learn more — Medium

👷🏽‍♀️ SORA Builders Programme News: 👷🏽‍♀️ 🔴 ADAR Updates: ● The ADAR team has released a public testnet to try their dApp, the testnet is available here and you can get started using this guide. 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.

📱 SORA Wallet Update📱 🚀 Android: ● Getting ready for the 3.0.0 release — Redesign & SORA Card ● QA testing and fixing bugs ● 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! 🍏 iOS: ● Getting ready for the 3.0.0 release — Redesign & SORA Card ● QA testing and fixing bugs ● 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!

⚙️ SORA Blockchain Update ⚙️ • Working on maintenance, fixes, and improvements to the codebase • Preparing for Polkadot and Kusama parachains 🌉 Substrate Trustless Bridge: Kusama Parachain: • Quality assurance testing ongoing • Fixing the SORA Rococo parachain to continue producing blocks and syncing with the Rococo relay chain • Preparing the environment to enable client applications to implement the UI • Fixes and optimisations gathered from feedback during QA testing 📊 Order Books: • Established the initial architecture for Order Books • Establishing the specifications and requirements for development 🪙 XST Platform: • Received the partner integration on the testnet • Will start quality assurance testing before the public test release 💎 Multi-EVM Trustless bridge: • Working on the incentive scheme for Relayers • Preparing the environment to enable client applications to implement the UI

⭕️ SORA Ecosystem Update #57 ⭕️ — — — — — — ⚙️ Business Track Progress: ● Polkaswap as a Service — 25% ● SORA Card — 95% ● SORA IBAN — 95% SORA Card articles are being continuously released with topics covering the SORA Card introduction, SORA Card key features, a comparison between SORA Card and other crypto-powered banking services, an interview with the people behind the SORA Card tech and management. The SORA Card Phase One article was also recently released. The SORA Community recently held an AMA with Dr. Makoto Takemiya and Beno van Gansen regarding SORA Card, 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 💳

You’re now up to speed with what has happened in the last weeks in the SORA ecosystem and the current state of the SORA Integrated Plan. Please look forward to the upcoming news from all of the SORA contributors and see you next fortnight. 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. 🌈 Learn more — Medium

Next up, SORA will take part in the Polkadot Safari in Kenya, East Africa and Polkadot Now India in Bangalore!

Finally, check out the Women in Web3 side event at the Paris Blockchain Week, a lovely dinner where SORA and Ternoa participated, helping increase diversity in Web3, as well as educate, connect and empower!

The second SORA builder, Advanced Digital Asset Routing (ADAR), launched a testnet last week for everyone to help improve their dApp ahead of their release. Please try out the different ADAR features and give the team your feedback and suggestions! We hope you all try it out and help ADAR with this great tool! The testnet is available here and you can get started using this guide.

From bridges we move on to wallets, last week we announced that the Fearless Wallet browser extension was released in the Chrome Web Store, so download it and let us know what you think! 💭

🌉 Bridging over the next update, the trustless multi-EVM bridge is under construction, having its UI built. We are working hard on this long-awaited upgrade to the HASHI Bridge, and as if that was not all, the Substrate bridge is undergoing steady development and we look forward for you to help us test it. Stay tuned for more updates on the status of the SORA bridges!

Last time, we spoke about the stability of a currency as partakers in the cryptosphere. We have observed first hand when the backing of a token that is deemed to be stable is removed quickly and with force, its stability is lost, or depegged in our lingo. This happens to fiat currencies as well, so don’t be so quick to point that finger. Once again when the situation goes beyond control, as the IRL institution that holds the claims to a token’s stability crashes, the token’s value is also taken down with it, in flames, much like the end scene from Fight Club 🧼 The benefit that algorithmic stablecoins bring to the table is that you only take what you put in, and in SORA’s case, with the use of the Token Bonding Curve, the crashing and burning can be avoided. In the case of XSTUSD, each token is a claim for $1 worth of XST, not Federal Reserve bonds in a bank or cuckbucks. Speaking of the XST Synthetics platform, implementations from the Band Protocol are ready, and we can begin internal testing. Please look forward to more updates on this, along with an insightful article explaining how everything works ⚙️

The SORA Kusama parachain auction for the 73rd slot was a success! With 3’023 KSM locked for the slot running from March 17th 2023, to February 14th 2024. Thank you for your support. In the previous update we mentioned that we would participate in a Polkadot crowdloan, however the Hashed network was leading when the candle blew out. Congratulations to their team and to the crowdloan contributors receiving HASH rewards once the smoke clears. We will be participating in the Polkadot parachain auction for the 42nd slot, until securing a parachain. We are once again asking you to unstake your DOT 🦾

While TradFi has fiat currencies that are not rationally constructed to create socially beneficial outcomes, DeFi gives everyone an opportunity to partake in the development of an economy. Or a potential one, which may come when the uncertainty from the status quo to adopt cryptocurrencies as legally recognized tender does not lead to such desperate measures. XOR functions in a similar way as the other financial instruments that could be international trade standards like the US Dollar, Euro, Yuan, or Yen, or shitcoins like the Argentinian Peso or Iranian Rial. Many other cryptocurrencies function in the same way for that matter, but a lot of them are not interested in the power or responsibility of being legal tender, or don’t have the mental capacity to grasp how economies truly work 👷 Aside from expanding your horizons, showing you great experiences, and for creating business opportunities, travelling is also a good way for you to experience many DeFi aspects “in the real world.” When you travel to a foreign country that has its own currency, you need to trade the one used in your country, so that you can pay for things (even with widespread access to electronic payments, there are still some places in the world that prefer cash). Swapping fiat currencies in this case also carries fluctuating rates, different exchanges, and specific procedures. When travelling to another country, you also realise the true strength or weakness of your currency 💱 Although bid/ask orders are more in the realm of banks IRL, progress with order book functionality in the SORA network is going well. We are working hard on the requirements for their implementation, and development work will begin soon. As you know, the main focus has been on releasing SORA Card. So, If you were to travel with SORA card after the phase 2 launch for example, you could top up your SORA card with crypto, then withdraw EUR to swap for local fiat currencies. This will be happening very soon, as the SORA Wallet update with SORA Card signups has been submitted for review to the Apple App Store and Google Play store 💳 🌈 Learn more — Medium

❤️‍🔥 Welcome to the March 24th Ecosystem Updates! ❤️‍🔥 sora.org.plan — — — — — Many worlds, one economy. Everything is united under SORA✨ In the blink of an eye, it has already been almost four weeks since we brought you up to speed on the progress of the SORA Integrated Plan, in this relatively short span of time, massive events have taken place and we have made great strides on the milestones of the integrated plan🗺 If the Silicon Valley Bank situation has taught us anything, it is that decentralized and community-led alternatives are a great solution for the current problems that riddle the corrupt and opaque traditional financial systems. In decentralized economies like SORA, where the XOR token goes beyond crypto’s tokenomics (which allocates the value of a token partly to its utility and mostly to its scarcity), the value of XOR comes from the worth of the products and services that are produced using it as a base. XOR is minted to support them, so inflation is good in this supra-planetary case 🚀