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What is SORA?

Beginning in January, SORA will engage in the parachain auctions on Kusama, striving to obtain a slot at the earliest opportunity. A bridge will enable seamless interaction between the existing SORA network and the SORA Kusama parachain network. Built on Parity Substrate, SORA is instrumental in the development of Polkaswap, a decentralized application being crafted on its platform. Efforts are ongoing to establish a connection with the Polkadot relay chain and its various parachains, leveraging integrated tools that focus on decentralized finance (DeFi). The SORA Network excels in providing crucial resources for decentralized applications that utilize digital assets, such as conducting atomic token swaps, enabling token bridging across multiple chains, and creating programmatic protocols related to digital assets. Polkaswap functions as a non-custodial liquidity aggregator and a cross-chain automated market maker (AMM) decentralized exchange (DEX), designed to promote an interoperable DeFi ecosystem that is governed by its community. The synergy within the Polkadot and Kusama ecosystems, combined with the foundational capabilities of the SORA network, firmly establishes it as an essential contributor to the advancement of the decentralized finance arena. This will likely enhance the accessibility and efficiency of DeFi services for users across different networks.

What is Offshift?

Offshift empowers users by facilitating cross-chain interactions, enabling them to utilize the network that best suits their personal requirements. Our aspirations for a multi-chain ecosystem are in line with those of Parity Technologies and Purestake, which drives us to create our Private Derivatives Platform on both Ethereum and the EVM-compatible Polkadot Parachain, Moonbeam. The conventional approach of over-collateralization proves to be inefficient and limits users' access to liquidity, a challenge that Offshift seeks to address; our platform ensures that you receive a one-to-one value for what you burn—dollar-for-dollar and sat-for-sat. The self-adjusting XFT supply responds to fluctuations in market prices, effectively mitigating the complications of margin calls and liquidations that frequently affect competing platforms. In line with Offshift's commitment to privacy, our team has chosen to remain anonymous, yet we invite you to reach out to us; the leads of our team are actively participating in discussions on our Telegram community, where we cultivate an inclusive atmosphere for questions and partnerships. We firmly believe that fostering open communication is essential for establishing trust with our users, and we are excited to engage with you as we build a better blockchain future together.

Media

Media

Integrations Supported

Polkadot
Polkaswap

Integrations Supported

Polkadot
Ethereum
MetaMask
Meter
Moonbeam

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub

Company Facts

Organization Name

SORA

Company Website

sora.org

Company Facts

Organization Name

Offshift

Date Founded

2018

Company Location

Seychelles

Company Website

offshift.io

Categories and Features

Crypto Wallets

Not specified

Categories and Features

DeFi Projects

Not specified

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