SORA Synthetic XAG (XSTXAG)

SORA Synthetic XAG, with ticker XSTXAG, is a part of the SORA ecosystem. SORA is an on-chain governance system based on the XOR token, which allows producers to make funding proposals and token holders to decide how to allocate XOR tokens to create the best goods and services. SORA aims to become a new economic system for Earth, the metaverse, and beyond. It believes in inflating the currency for production, leading to economic growth and advancing human development and technology.

SORA is built on Parity Substrate as a standalone blockchain and plans to utilize a parachain on both Kusama and Polkadot and connect to other blockchains through bridges. It offers tools for decentralized applications involving digital assets, such as atomic token swaps, bridging tokens, and programmatic rules. The SORA network also includes Polkaswap, a non-custodial AMM DEX that focuses on interoperability and connecting the crypto ecosystem to Polkadot, providing boundless liquidity.

SORA is a community that envisions a decentralized and democratic economic world order. It aims to resolve challenges in current cryptocurrencies through math and innovation. SORA uses a Token Bonding Curve to manage the supply of tokens rationally and has a clear separation of powers in its governance system. The SORA network is built on Parity Substrate and includes bridges to other blockchains. It offers a mobile wallet for storing assets from different networks, and its token ecosystem includes XOR for transaction fees, VAL for rewarding validators, PSWAP for liquidity providers on Polkaswap, and more.