SORA Synthetic XAU (XSTXAU)

SORA Synthetic XAU (XSTXAU) is a token within the SORA ecosystem, a new world economic order built on blockchain technology. SORA aims to create a decentralized and democratic economic system by leveraging on-chain governance and the XOR token. Through SORA, producers can make funding proposals, and token holders have the power to allocate XOR to support the creation of the best goods and services. By accepting XOR as payment, creators contribute to building the SORA economy.

SORA believes that inflation can be beneficial to produce new goods or services. In line with the General Quantity Theory of macroeconomics, SORA inflates its currency (XOR) for production purposes to drive economic growth at a predictable rate. The goal is to advance human development and technology, treating money as a global commons for the benefit of all humanity. With SORA as the foundation for the world economy, humanity has the potential to expand beyond Earth.

The SORA network, built on Parity Substrate, offers tools for decentralized applications that utilize digital assets. It enables functionalities such as atomic token swaps, bridging tokens to other blockchains, and creating programmatic rules involving digital assets. Additionally, SORA plans to utilize parachains on both Kusama and Polkadot, expanding its connections. Through projects like Polkaswap, a non-custodial AMM DEX, SORA aims to provide liquidity and interoperability to connect different parts of the crypto ecosystem to Polkadot.