This is a very good sign in the development of Ore.
Perps turned BTC into an easy to trade asset.
It tightened spreads, and made price discovery way more efficient than spot alone.
Same thing can help $ORE now that Phoenix listed the perps. More volume, easier hedging for miners, and better price discovery on a thinner spot book.
It's early days, but this is how smaller assets mature.
$ORE perpetuals are first on Phoenix.
@ORE is proof-of-work on Solana. Anyone can mine it, and supply is capped at 3 million tokens.
phoenix.trade/ORE
orestack.app ⛏️ retweeted
Biggest buybacks doesn’t mean biggest supply squeeze
Annualized buybacks as % of market cap:
$STONK — 66.5%
$ORE — 52.7%
$PONS — 18.4%
$PUMP — 18.2%
$HYPE — 4.6%
$JUP — 2.8%
$UNI — 2.0%
HYPE leads in $ buybacks, but its $20B mcap makes the relative yield much lower
STONK and ORE buy back far more relative to their size
But which can sustain that pace?
on ore and monetary premiums
Replying to @tulipking @DiggyMonke
agree that establishing a monetary premium is the most important thing. disagree that ore's design prevents it from doing so
the reserve simply preserves some of the revenue that would otherwise go to miners (in the btc/zec model) and repurposes it as buying power during downturns
it doesn't have to be fancy. and done correctly it can make for a better SoV (almost by definition)
re ohm, the differences are meaningfully different. for one, original ohm had no limits to supply expansion. so not a great analogy
ohm does demonstrate that the reserve cant establish or sustain a monetary premium. on this we agree
ore still has to establish lasting monetary demand. but i think the reserve can support this
basically there is no good reason for why using revenue to dampen downside volatility (instead of funding security) should put something outside the category of money -- i think you only get to this conclusion if you anchor too hard on what has worked so far
orestack.app ⛏️ retweeted
ORE will bring stability to Solana. Solana lends it's fulfilment and speed to ORE.
ORE lends scarcity to Solana.
Memes on Solana now have a stable Store of Value to enter protecting gains allowing on chain trades.
ORE = 500k in circulation with a maximum of 3 million...
orestack.app ⛏️ retweeted
$ORE perpetuals are first on Phoenix.
@ORE is proof-of-work on Solana. Anyone can mine it, and supply is capped at 3 million tokens.
phoenix.trade/ORE
Replying to @NuggyORE
Yep. And he can mine with the pros on Orestack like I know you do 😉
Replying to @pokerchessman @CrashDavis010
I'm only learning from the best
Replying to @CrashDavis010
Left brain right brain
Fast brain slow brain
All thinks the same
Only the mids are left out
And sidelined hanging around
How did I do for my first Ore poem @pokerchessman ?
Replying to @DiggyMonke
This small group is a diverse bunch too.
We bullpost, we research, we write poems and we build.
Replying to @RnaCrypto
Is EatOre on X? I want to give that guy all the praise I have for today.
What a way to get your brother into mining
$Ore miners know Proof of Work 🤣
never stop onboarding, @solanaspaces does the trick!
solana:oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp















