ORE buybacks just got smarter. Introducing the ORE Reserve.
ORE mining generates protocol revenue that funds ORE buybacks. The Reserve will use a portion of that revenue to place buy-side liquidity below the current market price.
Initially, 1% of protocol revenue will be allocated across multiple price ranges below spot. The remaining 99% will continue through the existing buyback mechanics.
This allows the protocol to buy more ORE with the same amount of capital when prices fall.
ORE acquired by the Reserve follows the existing buyback flow:
90% buried.
10% distributed to stakers.
When price rises, new liquidity is added below spot. When price falls into the Reserve's liquidity ranges, that liquidity is used to buy ORE.
Track the ORE Reserve, liquidity positions, and price ranges in real time:
ore(.)com/reserve
>something built on top of Solana that can focus on being hard money
the simple solution is Solana needs a native SoV
not a L1, but something built on top of Solana that can focus on being hard money, instead of focusing on consensus
this is where @ORE truly shines
might not seem like it now, but imo it’s inevitable, ore is Solanas hard asset
ORE retweeted
GRID Magazine.
An independent voice exploring the people and systems shaping Digital Proof of Work ecosystems.
First edition is devoted entirely to $ORE .
28 high res pages covering independent analysis of the Grid Mining ecosystem that is @ORE .
It’s been 3 months of tireless effort and edits. Now edition 001 is almost ready.
Hit the subscribe button. I’ll be dropping it here before anywhere else.
No shortage of ORE discussion this week.
Back at it tomorrow with @raikucom.
Return to the mines.
We're excited to host one of Solana's most interesting protocols, @ORE, on tomorrow's Solana Circuit!
Be there or miss out on the alpha.
nitter.cf/i/broadcasts/1dJrPrZZd…
Additional prize, you say?
@solanamobile hackathon builders must read. 👇
The @solanamobile hackathon just got bigger.
@ORE is offering an additional prize:
Double the winnings for one top winner who meaningfully integrates ORE. Info below 🧵👇
Catch @HardhatChad with @KEMOS4BE for the RadiantsDAO Office Hours, going live now.
Tune in via the @RadiantsDAO Discord. Link below.
ORE retweeted
The solana:oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp meme vault is undefeated (much like the community).
ORE retweeted
It just keeps growing, im seeing where this is heading ⛏️⛏️⛏️
The ORE Reserve is less than two weeks old.
More than $39,000 in protocol owned liquidity is now deployed below the market, with buy-side support distributed across multiple price ranges.
The Reserve currently provides approximately 965 ORE of buy support and acquired another 56.4 ORE through its bids this week.
The ORE Reserve is less than two weeks old.
More than $39,000 in protocol owned liquidity is now deployed below the market, with buy-side support distributed across multiple price ranges.
The Reserve currently provides approximately 965 ORE of buy support and acquired another 56.4 ORE through its bids this week.
ORE retweeted
It's time to build.
ORE is pleased to announce an additional $30,000 prize for the Solana Mobile Hackathon.
Open to builders integrating ORE.
Clock in. Build with @solana's future-proof SoV.
ORE is pleased to announce an additional $30,000 prize for the Solana Mobile Hackathon.
Open to builders integrating ORE.
Clock in. Build with @solana's future-proof SoV.
The @solanamobile hackathon just got bigger.
@ORE is offering an additional prize:
Double the winnings for one top winner who meaningfully integrates ORE. Info below 🧵👇
ORE retweeted
ORE reserve support growing at nearly 100 ORE per day. This will begin to compound and grow at an accelerated rate. It's only the beginning.
In just 9 days, the ORE reserve has secured nearly 600 ORE worth of support. This is great progress as much of that time was spent at 1% protocol revenue. Currently at 5% protocol revenue. At this rate, ORE will be the most hardened future-proof SoV in crypto.
ore.com/reserve
TMS Weekly out now from @zinnresearch 🗞️
Spoiler: The ORE Reserve.
I found a version of solana:oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp which:
- has no native yield
- has potential for a hidden inflation bug
- isn’t built on the world’s most performant chain
- isn't natively composable with a growing DeFi ecosystem
Oh and it trades at ~750x the market cap of @ORE.
