Posts about $ORE
What makes ORE special?
@alessiosolDeFi•1$ORE Went through ore.com and the Learn docs. A few things that don't line up:
1. The FAQ here calls ORE PoW mining on devices/phones, but ore.com/learn/how-mining-works describes virtual mining: you deploy SOL on a 5×5 grid and one tile wins each round. No hardware involved.
2. how-reserve-works says the reserve is split equally between SOL, USDC and GLDx, but ore.com/reserve also holds JitoSOL (~17%), ZEC and USDv.
3. how-to-buy only mentions SOL or USDC as input, while /trade lists 7 tokens.
4. Round length (240 slots + 48 intermission) is only in the Sep 25 changelog, not in the mining doc.
Question for the team: how is the "Production cost $95.48" on /explore calculated? I couldn't find a definition anywhere. Also, is there a doc planned for Shield and its privacy model?
Frequently asked questions
What is ORE?
ORE (ORE) is a mineable cryptocurrency on the Solana blockchain that is positioned as a decentralized store of value. It utilizes a Proof-of-Work distribution mechanism, which allows for mining on various devices, including mobile phones. The project was designed with a fair launch, meaning there was no pre-mined supply of tokens.
What chain is ORE on?
ORE is on Solana.
How many holders does ORE have?
ORE has 32,079 holders.
What is the current price of ORE?
The current price of ORE is $120.18.
What is the TokenGems score of ORE?
The TokenGems score of ORE is 74. A 0–100 quality rating computed from price performance, holder distribution, trading volume, and community activity.