SORA is a new economic system aimed at creating a supranational, world economic system with built-in tools for decentralized finance (DeFi). The SORA network implements a new way of parachain architecture on Polkadot and Kusama network, with the capability to bridge external blockchains (like Ethereum) to the Polkadot ecosystem.
The SORA Synthetics platform has become unusable due to external factors, thus impacting the XSTUSD-based pairs for liquidity pools.
We want to remove the XSTUSD-based pairs as we will replace them with KUSD-based pairs.
Description
With the introduction of Kensetsu USD (KUSD) with the Kensetsu platform, users can now access an over-collateralised asset pegged to the US Dollar ($USD).
Problem Statement
The SORA Synthetics platform has become unusable due to external factors, thus impacting the XSTUSD-based pairs for liquidity pools.
We want to remove the XSTUSD-based pairs as we will replace them with KUSD-based pairs.
Description
With the introduction of Kensetsu USD (KUSD) with the Kensetsu platform, users can now access an over-collateralised asset pegged to the US Dollar ($USD).
Requirements