Ore is experimenting with another interesting tokenomic model.
For the next few hours, $ORE @OREsupply will be redirecting its revenue to LP positions, while continuing to be a net buyer of $ORE.
It will open up 20 bins of $SOL behind current price, 'racheting' the bins upwards when price moves up beyond.
If price goes down and Ore is bought, the Ore will be withdrawn and sent to stakers on protocol, thus reducing any 'buy walls' set up.
Many protocols struggle with liquidity as they have to manage their 'sell wall' positions that also limit price towards the upside. It will interesting to see how this liquidity buffer works out 🫡
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