@coltsguy84 not sure i follow what you're saying. 90% of the rev is used to buyback and burn tokens while 10% is used to buyback and distribute to stakers. how is that "given right back"?
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Definitely not nothing podcast
85 posts
Definitely not nothing podcast
@defnotnothing
a 5-10 minute podcast where we chat about the interesting things we're seeing across crypto. "The things that make you go hmmm." crypto eye for the tradfi guy.
Los Angeles เข้าร่วม Ağustos 2025
107 กำลังติดตาม32 ผู้ติดตาม
@defnotnothing I’m an Ore holder but let’s be honest when 90% of the revenue is given right back each round I’m not sure those numbers are bullet proof.
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Definitely not nothing podcast รีทวีตแล้ว
We don't talk about @OREsupply enough.
Over the last 7 days (trough mining activity) the protocol has generated enough TOKEN HOLDER revenue that its annual run rate is US$20mn a year.
The FDV is 22mn. Do with this info what you will.
$ore
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@OREsupply @CompoundORE so .33 SOL (about $30) spent p/ORE ($48) mined? essentially ORE at a 35% discount via mining? Spicy...i haven't cracked this code yet, but love seeing that it exists.
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Big week for ORE.
⏳ Final week of Minemore’s 'MineMaster' competition with @CompoundORE.
minemore@minemoreapp
It's the last week of the Minemaster competition. It's never too late to have a shot at the 5 Ore prize! 👉minemore.app/competition
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this is an excellent thought piece. I usually dont like X=money posts, but this one resonates. Its early days and very volatile, but @OREsupply has a solid foundation and real usage generated revenue. i really like this piece. what do you think? Ore is money?
Madhatt3r@pokerchessman
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@defnotnothing @OREsupply @aixbt_agent where is this token holder revenue coming from? Is it just inflation emissions?
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@etherblaize @defnotnothing @OREsupply yeah it's PoW emissions. miners solve puzzles, get newly minted ORE. the 106% rev/FDV just means there's serious mining activity relative to valuation
constant supply growth though so it's the classic question of whether demand can absorb the inflation
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revenue comes from the fee taken on every round of mining. If people are mining, there is revenue. There are 25 squares. every minute one square mines the block. Sometimes you get ore proportional to amount of $ on the block, sometimes a whole ore is mined to one person randomly. a 10% fee on each round goes to a treasury which buys the token hourly. those tokens are burnt (majority) and distributed to stakers.
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@Theptilla @solana this is rev to tokenholders btw. h/t @DefiLlama for an absolute monster of a platform.
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@Theptilla we. they. everyone.
the fact that we (the @solana ecosystem in general) love talking about on chain revenue as a core metric but then its only like 5-10 accts actually talking about $ore is wild work.
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Who doesn’t talk about $ORE enough?
I need names…
Definitely not nothing podcast@defnotnothing
We don't talk about @OREsupply enough. Over the last 7 days (trough mining activity) the protocol has generated enough TOKEN HOLDER revenue that its annual run rate is US$20mn a year. The FDV is 22mn. Do with this info what you will. $ore
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@mert dont forget BTC being completely captured by large nation states and banks, and beholden 100% to arbitrary central bank and US govt policies. Pretty rough tbh.
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So, @solana is still positive about NFTs?
- “On Solana, we have the most royalties generated for artists across crypto.”
@Pedromiranda, Head of Consumer at Solana Foundation, sharing his belief in NFTs as a technology, and why it’s better for artists 👇
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we should join forces to cancel tourists like this from DeFi as an industry once and for all
max extract, careless about the project from the moment he leaves (gets laid off), careless about the industry in general and its core values
happy Wednesday, my fellow comrades
Seraphim@MacroMate8
big personal news: first off, Ethereum is dead second, i am now Special Situations at @SolanaFndn. my mandate is mega deals that will drive max value why solana? > the most engaged userbase in crypto with the highest take rate per volume (more than hype coinbase binance) > foundation is very lean and full of killers > other chains dont need me. ethereum is fucked (stuck in communism) and hype’s perp game is mature. solana is perfect for me to have fun and get shit done what will i do at solana: > bring 10B TVL to solana i’ve brokered 1-2B before and wanna up my game. if you are a large TVL provider, we have super scalable fixed yield products at 7-8% in a tradfi setup dm me > help grow RWA perps on solana hype done a great job with oil, gold, nasdaq perps and we will take it further if you are a serious crypto/tradfi market maker in rwa, we have the distribution and open to deals dm me what motivates me personally: first off, I am doing this for glory. I want to come in and be instrumental in growing trading activity and onchain tvl. second, I want to be relevant again. I miss pissing people off while being unavoidable. its fun thirdly, learn how to acquire trading distribution. almost no one in crypto knows how to do but thats where billion usd opportunities lie and they belong on solana.
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@JussCubs @0x_rckfrd @MetalLegBob @colosseum @fraudsworth why say no when you can say yes basically. i'm with it.
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@defnotnothing @0x_rckfrd @MetalLegBob @colosseum @fraudsworth they are different experiments
im not comparing the nuts & bolts to ore, i think if he wins the hackathon for it that it can run
agree its more complex but optimization of strategy & automation games are fun too
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gm, i love what @MetalLegBob built
i think he's gonna win the @colosseum hackathon
if so the protocol will run as hard as $ORE did
its on-chain brilliance, tokenomic madness, gorgeous UI w smooth UX, AI videos & memes and seeing a community come around it fast
@fraudsworth 👀
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@JussCubs @0x_rckfrd @MetalLegBob @colosseum @fraudsworth pretty convoluted though. getting people in the top of funnel will be tricky for sure. Ore is much cleaner imo.
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@0x_rckfrd @MetalLegBob @colosseum @fraudsworth i would NEVER do it lightly... its not just a bs fork of ORE, challenge anyone to read into it and tell me im wrong 🫡
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just shipped Roberto AI, an AI agent that can answer any question about $ORE
the ML is approaching 450 ORE or ~$23,000
perfect time to meet Roberto and say hi 🤝
👉 automine.refinore.com
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@toly BTC is captured by institutions and the central banks we were trying to escape. $ORE is the Solana native, fairlaunch version...and one of the highest rev drivers across the whole chain. MOGA Make Ore Great Again.
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Let’s make btc on solana shine
wavey cavey ∿@cavemanloverboy
friendly reminder that the amount of BTC transferred onchain has been a flat line for THIRTEEN YEARS this chain has no future thank you, truly and tremendously, for being the world's little crypto science fair project. it's time for the real blockchains to synchronize state and move assets at lightspeed.
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@meta_hess any idea on the breakdown of CORE NFTS by type? I know we're still at low abs levels, but if agents are accelerating as a type that would be cool to see. Thanks!
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