It was announced a few days ago that Soramitsu (XOR) from the creators of Hyperledger Iroha is now deflationary. Many of you know how the token bonding curve has not been able to stabilize the price of Sora due to lack of liquidity in reserve assets.
However, there are some interesting things to note here -
1. The SORA network upgrade v3.4.0 released on mainnet.
Kensetsu governance will go live next monday May 27th. TBCD will no longer be minted, effective immediately (this change will effectively make the XOR token supply deflationary)
-from their medium article -
"Producers, the heart and soul of any economy, will get funded not with newly created XOR but with tokens that are convertible to Kensetsu XOR, which will act as a Chameleon token that mimics XOR in only specified liquidity pools on Polkaswap (starting with XOR-ETH)"
2. Sora has officially won the crowdloan on the polkadot network
3. Sora has officially won the crowdloan on the Kusama network and partners with Kusama and Fearless wallet.
4. The CERES team ecosystem - APOLLO, CERES, HERMES, DEO tokens are all built in partner with SORA.
5. They built Polkaswap and built in token burning from the swaps which deflates and burns both VAL and PSWAP tokens. Now it will burn XOR as well at a much higher rate without minting.
7. They released the SORA card where you can use XOR ↔ EUR or SEPA (bank transfer).
8. They have developed CBDC and working with actual countries - Sri Lanka, Solomon Islands, Bangkok - Bocolo Cash
However, there are some interesting things to note here -
1. The SORA network upgrade v3.4.0 released on mainnet.
Kensetsu governance will go live next monday May 27th. TBCD will no longer be minted, effective immediately (this change will effectively make the XOR token supply deflationary)
-from their medium article -
"Producers, the heart and soul of any economy, will get funded not with newly created XOR but with tokens that are convertible to Kensetsu XOR, which will act as a Chameleon token that mimics XOR in only specified liquidity pools on Polkaswap (starting with XOR-ETH)"
2. Sora has officially won the crowdloan on the polkadot network
3. Sora has officially won the crowdloan on the Kusama network and partners with Kusama and Fearless wallet.
4. The CERES team ecosystem - APOLLO, CERES, HERMES, DEO tokens are all built in partner with SORA.
5. They built Polkaswap and built in token burning from the swaps which deflates and burns both VAL and PSWAP tokens. Now it will burn XOR as well at a much higher rate without minting.
7. They released the SORA card where you can use XOR ↔ EUR or SEPA (bank transfer).
8. They have developed CBDC and working with actual countries - Sri Lanka, Solomon Islands, Bangkok - Bocolo Cash
코멘트:
코멘트:
That pump literally happend right after i posted. Wow.
Lets see about round two -
Lets see about round two -
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