VAL is the validator reward token for the SORA Network, used to reward those that stake XOR as part of the Nominated Proof-of-Stake consensus algorithm. As described, VAL is a deflationary token that gets burned with each transaction on the SORA network. A portion of the burned tokens is then re-minted and distributed to validators and stake nominators, in accordance with the reward rules. …
For millennia, human societies have organized into many forms of governance. In ancient Athens, democracy evolved over a period of 200 years and improved continuously over that time. Modern democratic systems, however, ignore many of the successful principles of Athenian democracy and have mostly degenerated to easily controllable popularity contests, using weaponized social media and control over news sources. …
Thanks a lot to everyone who applied to the meme contest! The SORA 1st Anniversary Meme Contest was a success and a lot of fun for everyone.
You have made us happy, inspired us to think, and left us in awe of your talent and passion.
🕵️For further details, please check out the latest developer update.
⚠️The winners will receive their VAL tokens after the launch of VAL in November. ⚠️
👨🏻💻The twitter handle @Grugonion will contact you on twitter to process the transaction after the launch of VAL in November.
But before we do so, we would like to thank the sponsor Soramitsu for making this possible. The Technology company Soramitsu donated the reward all by themselves, so thanks to Soramitsu and the team! …
The SORA, Polkaswap, and Fearless Wallet projects are all closely related as they form integral parts of the SORA ecosystem. That is why we release a development status update every two weeks for these three projects, in one convenient place. Enjoy our October 30 Dev update! If you missed the first one, check out our October 16 Dev update.
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October 17, 2020, is the 1 year anniversary of the SORA network launch. To celebrate, we want to focus on what’s really important in life — memes. That’s right, we are going to hold a meme contest!
Further 10 memes will be rewarded with 50 VAL tokens by our memetic researchers
The winners will receive the VAL tokens after the launch of VAL in November. …
The SORA, Polkaswap, and Fearless Wallet projects are all closely related as they have some relationship to the SORA ecosystem. Therefore, we would like to do a development status update every two weeks for these three projects, in one convenient place. This is the first time we have tried this, so please enjoy!
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✌️VAL token distribution and VAL token support in mobile application has been implemented.
🔗 Dev team has updated the SORA-Ethereum bridge. …
94.57142857142857VAL will be airdropped per XOR to ERC-20 XOR holders, during the first year of the SORA v2 network
As part of outlining the vision for SORA v2, we published an article explaining the conversion of XOR from a free-floating token, to one backed by a multi-collateral reserve pool, as well as an article explaining a new validator-incentive token called VAL, that is a reward for those who secure the SORA v2 network. …
Эта публикация является переводом статьи SORA VALidator Rewards на русский язык.
This is a transcript of the AMA that took place on 09/12/2020 15:00 CEST in the Sora Telegram Group
Dear community! We will now start the live AMA with Mr. Makoto Takemiya and will first answer the questions previously asked.
After the submitted questions we will have a small live Q&A and Makoto will try to answer all your questions.
Hello everybody. I am happy to answer all your questions ^_^
I have not yet understood the exact number of VAL that will be proportionally allocated to owners of XOR ERC-20 without them having to do any activities. …