Hell of a summary. Insane growth within the ORE world last few weeks. Frenetic. Join us.
The mines keep increasing their Store of Value ⛏️ In what has been a turbulent week for the market, Ore remained stable both in price and revenue and accelerated on 3 main fronts; - Defi use cases. - Privacy. - Gaming integrations. And even mORE, such as an hour long video👀 Defi apps are building on top of ORE's value A handful of major announcements have occurred over the past few days for Ore, the first being an integration in @project0's broker platform allowing users to utilize their ORE for loans on BTC, Sol and more with a 40% asset weight and 62.5% LTV. This came after an announcement that went stratospheric in a first of its kind quote listing of Ore by @humidifi with the statement ''Who said we need CEX listings to quote?'' It was celebrated that just a day after launch, Ore's supply pool passed $2 BILLION in volume taking the top spot as pool. This bodes well for Ore as reduced supply on CEX's increases it's strength as a Store of Value. Secondly, Ore's price feed is now powered by @PythNetwork, allowing over 100 blockchains to make use of this with project0 and @FlashTrade being early users. Two integrations that are yet to be finalized but bring much anticipation is the creation of @compoundORE, a zero interest no liquidation loan venue as well as the publishing of the Ore LST that would wrap staked ore as a liquid token. This was teased and initial code dropped recently inside of the discord by @HardhatChad ⬇️ Privacy is coming to the mines An announcement that users can now make private payments with Ore using @radrdotfun was received with much excitement as the ethos of financial privacy is something that Hardhat Chad has mentioned multiple times. This comes after @vanishTrade, a privacy focused swap dapp, shared some perks with the Ore community. As the renewed focus on privacy within the crypto ecosystem gathers momentum, all eyes are on Ore to see what innovation is created to further this initiative. It's Games galORE over the past week The horses are off to the races in @photofinishgame with the launch of their hardcORE races that carry an Ore jackpot for the winner! This integration increases exposure of Ore to the photo finish community who are also long term minded as can be seen by their strategizing of stables and future performance. In addition to this, @nftimm has created a coinflip game, noting how easy it is to build games on top of Ore due to it being a '25-option RNG at its core' and that builders are exposed to a 'massive, ready-made ''house wallet'' with real payouts'. Further Auto Miners have been activated: As the community keeps building, many are bringing their own flavor to mining with several new venues being opened such as; - Minemore by @SpuddyA7X - Ore Monster by @oredotmonster - Obsidian Ore miner by @Ore_Miner_io - Ezmine releasing new features As well as most popular platform RefinOre by Timm & @JussCubs reaching over 1,000 accumulative users in its lifetime which recently made the big addition of an SPL miner allowing users to use any JUP strict listed token as payment to mine! EducatORE's and EntertainORE's bringing it to a close During the past week there have also been two notable articles published that both show the reconstruction of what it means to be a Store of Value by @jkrdoc as well as the ultimate argument against Ore mining being a gambling activity through explaining it as Weighted Capital Prospecting written by @extasy_sol. If you are still unsure as to what Ore is really about and the significance it carries in its mission to be a SoV, I highly advise to read both of their articles which are linked in the next tweet. But if videos are more your things, a short video recently posted by @KEMOS4BE is being followed up with a lengthy 1 hour 9 minute video that is all about 'EV strategies and such' that is coming soon. As I started writing this post, I began to realize just how much is being built on and around @OREsupply, and can't help but feeling extremely lucky to have found this in my journey as it has shown me what a dedicated community really is when it comes to a project in this space. But enough writing, its time to get back into the mines. And as always, The Hard Hat Stays on 👷⛏️
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