The SORA, Polkaswap, and Fearless Wallet projects are all closely related as they form integral parts of the SORA ecosystem. That is why development status updates are released every two weeks for these three projects, in one convenient place. Enjoy the June 16, 2021, Dev update! If you missed the previous ones:

June 3 DEV update / April 9 DEV update / March 26th DEV update / March 12th DEV update / February 26th DEV update / February 12th DEV update / January 29th DEV update / January 15th DEV update / December 25th DEV update / December 11th DEV…

The SORA, Polkaswap, and Fearless Wallet projects are all closely related as they form integral parts of the SORA ecosystem. That is why development status updates are released every two weeks for these three projects, in one convenient place. Enjoy the June 3, 2021, Dev update! If you missed the previous ones:

April 9 DEV update / March 26th DEV update / March 12th DEV update / February 26th DEV update / February 12th DEV update / January 29th DEV update / January 15th DEV update / December 25th DEV update / December 11th DEV update / November 27th DEV…

TL;DR

• Polkaswap is launching on the SORA network with a 2-way bridge to Ethereum and the ability for anyone to create their own assets, provide liquidity, and trade
• The SORA XOR token is the liquidity token used to provide liquidity with all token pairs
• The community runs SORA network validators and the Polkaswap.io website (via IPFS)
• Initial council members are set up and ready to vote on upgrades
• Community has to deploy bridge
• We are ready to roll!

Polkaswap: The Degentral Bank of Crypto

Polkaswap.io is a new kind of DEX, built natively for the composable DeFi future of Polkadot and Kusama. Cross-chain compatibility is a given…

Our last few posts have covered criteria to look for when choosing a crypto exchange, what makes a DEX different from a centralized exchange, and how Polkaswap is a purpose-built DEX for the composable DeFi future.

Polkaswap’s launch is just around the corner and in this piece, we highlight and explain the three kinds of PSWAP rewards that will be available to users on Polkaswap.

The three ways you can earn rewards on Polkaswap after launch are:

1. Adding liquidity on Polkaswap
2. Buying XOR from the Token Bonding Curve (TBC) with ETH or DAI
3. Market making rebates from trading at least…

The SORA, Polkaswap, and Fearless Wallet projects are all closely related as they form integral parts of the SORA ecosystem. That is why development status updates are released every two weeks for these three projects, in one convenient place. Enjoy the April 9, 2021, Dev update! If you missed the previous ones:

March 26th DEV update / March 12th DEV update / February 26th DEV update / February 12th DEV update / January 29th DEV update / January 15th DEV update / December 25th DEV update / December 11th DEV update / November 27th DEV update / November 13th DEV…

The SORA, Polkaswap, and Fearless Wallet projects are all closely related as they form integral parts of the SORA ecosystem. That is why development status updates are released every two weeks for these three projects, in one convenient place. Enjoy the March 26, 2021, Dev update! If you missed the previous ones:

March 12th DEV update / February 26th DEV update / February 12th DEV update / January 29th DEV update / January 15th DEV update / December 25th DEV update / December 11th DEV update / November 27th DEV update / November 13th DEV update / October 30th DEV…

What is it? Who has it? How will Polkaswap make it “boundless”?

Liquidity 101

The term liquidity isn’t specific to crypto, but it’s an important concept in the crypto world. This post will provide insights into liquidity within centralized exchanges, decentralized exchanges, and specifically, Polkaswap. So let’s start with Liquidity: what is it?

A highly liquid asset is one that can be easily sold (liquidated) at its fair market value, whereas an illiquid asset is one that can’t be sold without significant effort, a loss of value, or both. Similarly, a highly liquid market for a particular asset is one with lots of (fair) buy and sell orders circulating.

Equities listed on…

TL;DR

• Approximately 400 million PSWAP are reserved for special PSWAP bonuses for market makers on Polkaswap
• 20,000,000 PSWAP will be given out per month until rewards run out. A month lasts 432000 blocks and the incentives will be calculated starting with the first block on the SORA network
• To qualify, market makers must have at least 500 transactions with at least 1 XOR in each transaction (all transactions on Polkaswap involve XOR because XOR is a hub token)

𒊹𒂵𒆜・Rewards for Market Makers

To bootstrap the SORA and Polkaswap ecosystems at launch, three different strategic bonuses in PSWAP tokens will be available, consisting of approximately 64%…