OREsupply Relaunches With Solana-Based Mining Protocol and Token Burn Mechanism

The updated protocol allocates mining proceeds for automated ORE token buybacks, with most purchased tokens permanently removed from circulation.

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Terms & Concepts
  • Solana: A high-performance blockchain network designed for fast, low-cost transactions and scalable decentralized applications.
  • Token Buyback: A process where tokens are repurchased from the market, often to support price stability or reduce supply.
  • Token Burn: The permanent removal of tokens from circulation, typically to create scarcity and potentially increase value.