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Solana’s on-chain mining project Ore v2 plans to set a maximum supply cap of 21 million

2024-06-27 01:03
Odaily News Hardhat Chad, the anonymous creator of Solana's on-chain mining project Ore, released progress on ORE v2 on X, with a total maximum supply cap of ORE of 21 million. After considering a lot of feedback from the community, it was decided to introduce a supply cap for ORE in the v2 contract. This limit will introduce a fixed level of scarcity for ORE and provide stronger inflation protection for token holders. The team is now in the final stages of the v2 audit and is preparing to release the client software. Chad added that a full announcement will be released soon, detailing all major changes so that there is ample preparation time before the v2 contract goes into effect.