SORA is built on Parity Substrate, a framework that scales more efficiently than Ethereum, resulting in lower fees. With SORA's NPoS (Nominated Proof-of-Stake) mechanism, validators play a crucial role in accepting or rejecting transactions.
Creating an account on SORA is free and limitless, without the need for KYC or a minimum balance. SORA's bridging pallet offers seamless interoperability between the entire Polkadot and Kusama ecosystems, paving the way for direct and secure interactions between networks.
SORA empowers decentralized applications with tools for digital assets, including atomic token swaps, token bridging, and programmatic asset rules.
One of the DeFi applications built on the SORA network is Polkaswap. Polkaswap is a non-custodial AMM DEX exclusively designed for the Polkadot ecosystem and its interoperable future. Polkaswap offers boundless liquidity through its one-of-a-kind Aggregate Liquidity Technology (ALT), with security, and convenience, facilitating immediate asset exchanges with ease and flexibility.
The Polkadot architecture offers virtually limitless composability between blockchains, further expanding Polkaswap's capabilities.