Deep Dive
1. Protocol Overhaul (October 2025)
Overview: The protocol shifted to a 5×5 grid mining system where users deposit SOL to compete for rewards, with 10% of losing deposits funding ORE buybacks. 90% of repurchased tokens are burned, creating a deflationary model.
This update gamified mining while addressing supply inflation. The “Motherlode” feature (1/625 chance per round) adds a lottery-style jackpot. A 10% refining fee on early withdrawals redistributes rewards to long-term holders, encouraging retention.
What this means: This is bullish for ORE because it reduces circulating supply through burns, increases scarcity, and aligns miner incentives with holding. However, the probabilistic nature of rewards may deter risk-averse users.
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2. Mobile Mining App (5 November 2025)
Overview: Ore launched a mobile app on Solana Mobile’s dApp store, enabling mining via smartphones.
The app simplifies participation, leveraging Solana’s low fees and high speed. It integrates with Ore’s existing protocol, allowing users to stake SOL, mine ORE, and claim rewards on the go.
What this means: This is neutral for ORE—it boosts accessibility and user growth but doesn’t alter core tokenomics. Wider adoption could increase network activity and demand.
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3. Hardfork to Ore v2 (2024)
Overview: The v2 hardfork froze and open-sourced Ore’s smart contract, eliminating insider allocations and pre-mined supply.
This transition improved transparency and security, ensuring all tokens are earned through mining. The upgrade also introduced a linear algorithmic supply (1 ORE mined per minute) to prevent centralization.
What this means: This is bullish long-term, as it builds trust via auditable code and fair distribution. However, the freeze limits future protocol flexibility without community consensus.
Conclusion
Ore’s codebase updates emphasize deflation, accessibility, and decentralization. The October 2025 overhaul and mobile app reflect a push toward sustainable growth and broader adoption. With protocol revenue hitting $1M daily post-upgrade, will miner participation sustain momentum amid Solana’s competitive landscape?