.@ore is hard money for a digital age. ⛏️
Every token has to be mined, only 3 million will ever exist, and the ability to mint more has been permanently destroyed onchain. Not even the team can undo it.
Mined by anyone. Capped by code.
.@ORE is designed to become completely deflationary.
The protocol uses 100% of its revenue to buy back and burn tokens, creating a dynamic, supply-reducing mechanism.
Iron ore broke above $100 a ton for the first time in seven weeks as traders unwound bets that favored coking coal, adding to support from expectations for pre-holiday restocking in China and high freight costs
Iron ore trader Radiant World used Glencore invoices that had already been paid, supported by fake contracts, in order to raise $31.7 million, a lender alleged in a filing to Singapore’s High Court