We're thrilled to announce a major upgrade to the SORA blockchain🔥 SORA Synthetics (XST) have been released, enabling over 30 synthetic assets for trade on the SORA network 🌐 Key Highlights: 🔸Connection to the @BandProtocol Oracle Blockchain for accurate data feeds - a crucial step enabling SORA Synthetics (XST) 🔸Kindly note that the 30 new synthetic assets on Polkaswap will be available after governance voting, scheduled for this week Restrictions & Liquidity: 🔸Synthetic assets can be swapped ONLY through the XST liquidity source, or XSTUSD-based pairs 🔸Restrictions toward adding liquidity to the XSTUSD-XOR pool to maintain optimum liquidity conditions and concentrate the liquidity on the XOR-XSTUSD pool Safety Mechanisms: 🔸In the event of Oracle data feed outages, a fallback mechanism disables the affected synthetic asset, safeguarding against potential price manipulation 🔸Plus, the OracleProxy pallet is here, so future Oracle chain integrations are seamless Read more about SORA Synthetics: here

We're thrilled to announce a major upgrade to the SORA blockchain🔥 SORA Synthetics (XST) have been released, enabling over 30 synthetic assets for trade on the SORA network 🌐 Key Highlights: 🔸Connection to the @BandProtocol Oracle Blockchain for accurate data feeds - a crucial step enabling SORA Synthetics (XST) 🔸Kindly note that the 30 new synthetic assets on Polkaswap will be available after governance voting, scheduled for this week Restrictions & Liquidity: 🔸Synthetic assets can be swapped ONLY through the XST liquidity source, or XSTUSD-based pairs 🔸Restrictions toward adding liquidity to the XSTUSD-XOR pool to maintain optimum liquidity conditions and concentrate the liquidity on the XOR-XSTUSD pool Safety Mechanisms: 🔸In the event of Oracle data feed outages, a fallback mechanism disables the affected synthetic asset, safeguarding against potential price manipulation 🔸Plus, the OracleProxy pallet is here, so future Oracle chain integrations are seamless Read more about SORA Synthetics: here

5/Activation Timeline: Now that the releases are live on both SORA and @BandProtocol , listing of synthetic assets (SORA Synthetics) only depends on community voting. We are currently working on preparing the referendum. Stay tuned for further announcements.🤗

4/Safety Mechanisms: 1⃣In the event of Oracle data feed outages, a fallback mechanism disables the affected synthetic asset, safeguarding against potential price manipulation 2⃣Plus, the OracleProxy pallet is here, so future Oracle chain integrations are seamless!