# SORA > One world, one economy, one ledger SORA is a blockchain infrastructure project building SORA Nexus, a single ledger network for decentralized finance and institutional payments. It provides cross-chain connectivity, on-chain governance, and tools linking traditional payment messaging with programmable digital assets. SORA is a blockchain infrastructure project developing SORA Nexus, a single logical ledger intended to unify decentralized finance, tokenized assets, and institutional payment systems on one shared network. Rather than operating as a company or foundation, it presents itself as an open, community-oriented initiative coordinated around its network and the XOR token. The project targets developers, financial institutions, central banks, and public-sector bodies exploring tokenization, cross-border payments, and digital currency infrastructure. The network relies on a deterministic runtime with parallel processing lanes that merge back into one canonical ledger, allowing capacity to expand without splitting into separate chains. A bridging layer translates standardized interbank payment messages into ledger-native transactions, aiming to connect banks, central banks, and payment networks with programmable money and on-chain markets. Sovereign, policy-driven data spaces let regulated and open activity coexist on the same base layer, with cryptographic proofs used to verify correctness without exposing underlying data. Governance decisions are made through a parliamentary structure using sortition-based selection. SORA's ecosystem includes a self-custodial mobile wallet, a decentralized exchange for swapping interoperable assets, validator infrastructure for network operators, and a builders program supporting teams launching or migrating products onto the network. It also offers policy infrastructure aimed at central bank digital currency and tokenized-asset pilots. The project serves developers building decentralized applications, validators securing the network, and institutions evaluating tokenized payment and settlement infrastructure. - Type: Project - Sector: Infrastructure - Status: Active - Founded: 2019-10-01 - Profile: https://thegrid.id/profiles/sora ## Products - [SORA Network](https://thegrid.id/profiles/sora): SORA Network is a Substrate-based Layer 1 blockchain providing algorithmic token supply management through a token bonding curve, on-chain governance, and native decentralized finance primitives for asset swaps and liquidity provision. The chain operates independently with parachain-style connections to other relay chains, enabling cross-ecosystem interoperability for connected wallets, exchanges, and card products. Validators secure the network and can be nominated by token holders. (L1, Live, Main Product) - [SORA Card](https://thegrid.id/profiles/sora): SORA Card is a self-custodial payment solution combining a cryptocurrency wallet with a EUR-denominated IBAN account and a debit card accepted at merchants that support major card networks. The application converts crypto to fiat in real time and connects to an integrated decentralized exchange for on-chain trading and liquidity access, while a separate fiat wallet is maintained for regulatory compliance. Users retain custody of their crypto assets, with the card interface acting solely as a management layer connected to the underlying blockchain. (Card, Live) - [SORA Wallet](https://thegrid.id/profiles/sora): SORA Wallet is a self-custodial mobile application for managing assets on the SORA network. It lets users hold, send, and receive tokens, swap assets through an integrated decentralized exchange, and provide liquidity to earn rewards, while keeping private keys under user control on the device. The app also supports referral rewards and account creation or import for new and existing SORA network users. (Wallet, Live) - [SORA Nexus](https://thegrid.id/profiles/sora): SORA Nexus is a blockchain framework built on a deterministic runtime that executes verifiable logic across parallel processing lanes which merge back into a single canonical ledger, avoiding fragmentation into separate chains. It bridges institutional payment messaging standards to on-chain settlement, allowing banks, central banks, and regulated institutions to interact with programmable money and on-chain markets through familiar messaging formats. The framework extends beyond financial state changes to include networking and storage layers supporting applications, APIs, and media delivery on the same governed infrastructure. It targets central bank digital currency implementations and decentralized finance applications with fast finality and privacy-preserving proof mechanisms. (Developer Tooling, Live) - [Polkaswap](https://thegrid.id/profiles/sora): Polkaswap is a decentralized exchange built on the SORA network that enables trading of interoperable assets through on-chain routing across connected blockchain ecosystems. It aggregates multiple liquidity sources and settles trades on-chain using an automated market maker model alongside an order book for market and limit orders. Liquidity providers can supply assets to pools and participate in farming and referral reward programs, and the exchange is accessible from mobile wallets including SORA Wallet and third-party wallets. (Live) ## Assets - [SORA (XOR)](https://thegrid.id/profiles/sora): XOR is the native token of the SORA Network. It is used for paying transaction fees, governance voting, and liquidity provision on Polkaswap DEX. Its supply is managed by a token bonding curve that mints XOR when reserve assets are deposited and burns XOR when reserves are withdrawn, giving XOR an elastic supply that adjusts to demand. (Native) - [SORA Validator Token (VAL)](https://thegrid.id/profiles/sora): VAL is the validator reward token for the SORA Network, used to incentivize validators and nominators who stake XOR as part of the Nominated Proof-of-Stake consensus algorithm. It is burned with each transaction on the network, with a portion of the burned amount reminted daily and distributed to validators, nominators, and the SORA Parliament. The token implements a deflationary mechanism where network fees fund buybacks from liquidity pools before burning, creating long-term alignment for validators securing the network. (Utility) - [Polkaswap (PSWAP)](https://thegrid.id/profiles/sora): PSWAP is the utility and governance token of Polkaswap, a decentralized exchange built on the SORA Network. It is used within Polkaswap's incentive design, including liquidity mining rewards and community governance decisions, and is distributed to liquidity providers and VAL holders who pool liquidity through DAOs. Swap-fee revenue funds a buyback-and-burn mechanism, with a governed portion re-minted for ongoing liquidity incentive programs. (Governance) - [SORA Synthetics Token (XST)](https://thegrid.id/profiles/sora): XST is the collateral token backing SORA Synthetics, tokenized assets pegged to value indices such as currencies and commodities on the SORA Network. It serves as a reserve currency of the SORA Token Bonding Curve alongside other reserve assets, and is algorithmically minted or burned to guarantee the value of pegged synthetic assets. This non-collateralized design lets holders exchange synthetics for their full value in XST without exposure to slippage or liquidation risk. (Utility) ## Links - [Main](https://sora.org) - [Documentation](https://wiki.sora.org) - [Whitepaper](https://sora.org/sora_nexus_whitepaper.pdf) - [Media Kit/branding](https://github.com/sora-xor/sora-branding) - [Telegram](https://t.me/sora_xor) - [Discord](https://discord.gg/sora_xor) - [Reddit](https://www.reddit.com/r/SORA) - [GitHub](https://github.com/sora-xor) - [YouTube](https://youtube.com/@sora_xor) - [Medium](https://medium.com/sora-xor) - [Twitter / X](https://x.com/sora_xor) - [Telegram](https://t.me/sora_happy) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. 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