
SORA Synthetic RUB (XSTRUB)
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About SORA Synthetic RUB
SORA Synthetic RUB (XSTRUB) is a digital asset part of the SORA ecosystem, which aims to become a new economic system for the Earth, the metaverse, and beyond. SORA is built on an on-chain governance system that allows producers to make funding proposals, and all token holders can decide how to allocate XOR, the native token of SORA. The goal is to encourage the creation of the best goods and services by incentivizing producers to accept XOR as payment, thus building the SORA economy.
SORA believes in inflating a currency for production rather than consumption or speculation. By following the General Quantity Theory of macroeconomics, SORA aims to achieve economic growth at a predictable rate, advancing human development and technology. The ultimate vision of SORA is to create a new economic order that treats money as a global commons for the benefit of all of humanity, thus paving the way for future advancements beyond this planet.
The SORA network is built on Parity Substrate as a standalone blockchain. It plans to utilize a para chain on Kusama and Polkadot, connecting to other blockchains through bridges. The SORA network provides tools for decentralized applications using digital assets, such as atomic token swaps, bridging tokens to other blockchains, and creating programmatic digital asset rules. Polkaswap, a non-custodial AMM DEX built on the SORA network, focuses on interoperability and provides boundless liquidity, connecting the SORA ecosystem to the rest of the crypto ecosystem.
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