ORE

ORE is a digital cash token built on the Solana blockchain, designed to function as electronic money that no central authority can debase or control. The project positions itself as an extension of the original cryptocurrency idea associated with Bitcoin, but adapted to run on Solana's infrastructure. It is aimed at anyone who wants a portable, scarce form of digital money with a fixed maximum supply of 3,000,000 tokens.

ORE operates as an application on Solana, inheriting that network's transaction settlement and scalability rather than running its own consensus layer, which is why no block time or independent consensus algorithm is recorded here. The protocol incorporates a Proof-of-Work mining mechanism that participants can run — including on mobile devices — with work validated and settled on Solana. The ORE token is the asset produced through that mining process and circulates within the Solana ecosystem.

All fees collected by the protocol also constitute its revenue, meaning the take rate is recorded at 100% for the trailing 30-day period, and none of that flow is classified as supply-side revenue paid to miners or liquidity providers in the standard sense. Over the trailing 24 hours, fees and revenue both stood at 131,210 USD; over the trailing 30 days, 3,521,449 USD; and over the trailing 12 months, 42,817,803 USD. Fee growth over the last 30 days was 56.52%. Of the 30-day fee total, 3,486,235 USD is recorded as holders' revenue, indicating that token holders are the primary recipients of the protocol's fee income.