TJT retweeted
How does the ORE Reserve build liquidity?
As protocol revenue flows into the Reserve, funds are deployed across multiple assets and price ranges below the current ORE price.
@HardhatChad explains how these layers of liquidity accumulate over time.
Since this recording on October 1st, the Reserve has grown more than 5x, from $104K to $539K, and added two productive assets, JitoSOL and USDv.
TJT retweeted
Bankless writing and posting about $ORE from Main
TJT retweeted
A clear trend is forming with ORE mining volume.
ORE enters circulation exclusively through mining, and recent activity suggests growing demand for newly issued ORE.
Over the past 45 days, $56M has been deployed into virtual mining, with the 7-day average more than doubling from $724K to $1.58M per day.
And it's not just volume. Another 1,171 wallets mined ORE for the first time during this period, as more people discover virtual mining.
Fair distribution is taking shape on @solana.
TJT retweeted
It feels like $ORE may have hit that tipping point where an idea has enchanted a critical mass of people, that initial network effects are beginning to form.
It will be interesting to see whether ORE's democratized approach to mining accelerates the flywheel faster than previous SoV attempts.
solana:oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp is the #1 coin you should be looking at on any market pullbacks. ⛏️
The ORE Reserve has crossed $500,000.
Another $150,739 in liquidity was added this week, averaging more than $21,500 per day.
The Reserve has now received $592K in total deposits, $77K of which has been used to acquire 729.8 ORE at an average cost of $105.52.
The Reserve now provides buy-side support for approximately 8,206 ORE across its liquidity positions.
TJT retweeted
The $ORE protocol is currently routing $6.2M annualized into the Reserve !
Also... that figure scales with ORE’s price and production cost.
$500k buy-side support on solana:oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp.
No other coin has a mechanism like this.
$1b+ ⛏️
The ORE Reserve has crossed $500,000.
Another $150,739 in liquidity was added this week, averaging more than $21,500 per day.
The Reserve has now received $592K in total deposits, $77K of which has been used to acquire 729.8 ORE at an average cost of $105.52.
The Reserve now provides buy-side support for approximately 8,206 ORE across its liquidity positions.
TJT retweeted
The ORE Reserve has crossed $500,000.
Another $150,739 in liquidity was added this week, averaging more than $21,500 per day.
The Reserve has now received $592K in total deposits, $77K of which has been used to acquire 729.8 ORE at an average cost of $105.52.
The Reserve now provides buy-side support for approximately 8,206 ORE across its liquidity positions.
So few coins to buy and then there’s $ORE.
Check out this week’s update for a quick summary.
TJT retweeted
It might be THE MOST undervalued token on Solana 🪙
ORE is consistently in the top 5 protocols by revenue, with ~$1M/week, and 99% of that goes to buybacks
$ORE is only ~$80M market cap, lower than most other protocols with less revenue
One of my conviction bags for sure
$ORE is massively undervalued
Up 15% today while the market is red, +134% in the last month
$3.7M/month revenue ($130K/day avg) with 99% going to buybacks, burns & stakers
Only 510K circulating supply out of 3M max and over half of that (280K) is already staked
Their buyback system is unique, the ORE Reserve places buy-side liquidity below spot so dips get auto absorbed
All of this at just $88M mcap which is CRAZY
Do y’all hold any?
TJT retweeted
One year ago today, ORE introduced virtual mining on @solana.
Mining no longer required specialized hardware or an electricity arms race. Anyone could compete for newly issued ORE, with the additional incentive of accumulating unrefined ORE.
A year of iteration and refinement later, the principle remains: fair distribution, open participation, and a monetary design that rewards patience.
All you need is a Solana wallet.
Start mining: ore.com/learn
solana:oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp still ridiculously underpriced. ⛏️
$ORE +25% today. +36% this week.
And no, this isn't another meme pump.
Here's what's actually happening:
💰 About $3.7M in revenue over the last month, $120K+ every single day
🔥 That revenue buys back ORE every round, and buybacks just went from 5 SOL to 7 SOL
🏦 The Reserve's cut of revenue went from 10% to 15%, and it's grown to $444K in under three weeks, up from $177K
📈 Half the Reserve's stables now earn yield, so ORE has a second revenue stream
Real users. Real revenue. Real buybacks.
All for a coin that's still under $80M market cap.
Most of crypto is bleeding this week. BTC is down, ETH is down, SOL is fighting for $100. ORE is the one going up, and it's because of the numbers, not vibes. Wonder what happens when the broader market bounces…
You're still early anon…
TJT retweeted
$ORE +25% today. +36% this week.
And no, this isn't another meme pump.
Here's what's actually happening:
💰 About $3.7M in revenue over the last month, $120K+ every single day
🔥 That revenue buys back ORE every round, and buybacks just went from 5 SOL to 7 SOL
🏦 The Reserve's cut of revenue went from 10% to 15%, and it's grown to $444K in under three weeks, up from $177K
📈 Half the Reserve's stables now earn yield, so ORE has a second revenue stream
Real users. Real revenue. Real buybacks.
All for a coin that's still under $80M market cap.
Most of crypto is bleeding this week. BTC is down, ETH is down, SOL is fighting for $100. ORE is the one going up, and it's because of the numbers, not vibes. Wonder what happens when the broader market bounces…
You're still early anon…
TJT retweeted
ORE Projection
Prior to the Reserve, ORE was at the mercy of the market for support. At best a form of charity, worst mercenary.
Since September, the market has continued to front run ORE’s growth.
I said ORE > 1.2 SOL was the first step to escape range.
Next up
99:1 Market:Reserve
After that the best the market can temporarily monopolize is the top 10% of the surface layer of the liquidity.
TJT retweeted
A year since ORE introduced virtual mining.
Meanwhile, across the ecosystem:
$420K+ in Reserve liquidity
$1M+ daily mining volume on a 90-day average
~24% of circulating ORE in the Refinery
New community research and builder releases
This week's recap, courtesy of @zinnresearch. 🗞️