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The Solana-based mining project Ore v2 plans to set a maximum supply limit of 21 million ORE.

Sep 12, 2024 04:52:30

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ChainCatcher news, the anonymous creator of the mining project Ore on the Solana chain, Hardhat Chad, has posted updates about ORE v2 on social media, stating that the total maximum supply of ORE will be 21 million tokens. After considering a large amount of feedback from the community, he decided to introduce a supply cap for ORE in the v2 contract. This limitation will introduce a fixed level of scarcity for ORE and provide stronger inflation protection for token holders.

The team is currently in the final stages of the v2 audit and is preparing to release the client software. Chad added that a complete announcement detailing all major changes will be released soon to allow ample preparation time before the v2 contract goes into effect.

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