SORA, Soramitsu, Monetary Instruments, Polkadot, DeFi, Ethereum, Kusama, CeFi, Scalability, DEX, decentralization, AMMs, Distributed Ledger Technology, decentralized exchanges, liquidity, cointelegraph, research, report
Soramitsu Investment Thesis
Cointelegraph's Investment Thesis on the Sora ecosystem dives into a range of DeFi products built on the Polkadot blockchain. The report addresses how Polkadot's blockchain design enables scalability and interoperability, solving key issues present in Ethereum-based projects. Focusing on Polkaswap, the decentralized exchange (DEX) at the heart of Sora, the report highlights its high transaction output and reasonable fees. The tokenomics of SORA (XOR), SORA Validator Token (VAL), and Polkaswap (PSWAP) are also explored. XOR, an algorithmic stablecoin, uses smart contracts to control supply and dampen price volatility. The report also compares Sora's monetary policy ambitions with existing central bank practices.
Official research partners
Providing research on blockchain and digital assets
Don't have an account? Sign up, it's free
Have an idea for a new research you'd like to see? We'd love to hear from you!
Whether you're a seasoned crypto participant or new to the space, the Cointelegraph Research Terminal is the perfect resource for anyone who wants to stay ahead of the game.