Rocky | Staking for ORE
@RockyOre
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Delegated Staking and Yield Farming for $ORE @OreSupply TG: https://t.co/yLcNQTni92 Docs: https://t.co/R2Vhd8GzMI
Joined August 2024
1/ Introducing Rocky, the first staking and yield farming protocol for @OREsupply on Solana. Say hello to earning $ORE passively as a hodler and better rewards as a miner!
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The smart contract remains open sourced for anyone interested in running their own delegated Ore staking program:
github.com
Delegated Staking for ORE. Contribute to iurage/ore_delegation development by creating an account on GitHub.
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Due to the lack of interest in setting up of delegated mining pools, the Rocky app will no longer be maintained going forward. Please unstake any $ORE you may have by end of the month before the app is deprecated.
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���️⛏️⛏️ Reminder that Rocky is open-sourced so you can set up their own delegated mining pools on their deployed contract or utilize the community contract at
@C255Josh @HardhatChad We are looking into forms of passive yield, currently a community member @RockyOre implemented delgated staking so you can earn mining rewards passively by delegating your ORE as stake to mining pools.
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Proud to be the first DeFi app for $ORE 🤝
Introducing: Regolith Labs We have started a company and raised $3m to accelerate the development of the ORE ecosystem. Our mission will be to onboard millions of net new users to crypto through new proof-of-work mining primitives and liquidity networks on Solana. 🧵
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stORE with
Staked ORE is a stORE
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Rocky $ORE stakers hitting it lucky today with a level 39 hash 👑
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Already building passive yield for ORE 💯
Put your hardhats on.. The @Solana Radar Hackathon has commenced, and with it, we're excited to announce the ORE sidetrack. Earn up to 100 ORE by building games, tools, docs, and more with ORE, the Solana-native hard money token. 🧵
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Which mining pool is down to be the first to build on Rocky? 👋
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All mining groups on Rocky have been migrated to DrillX_2 🫡
1/ The @OREsupply community on Discord was thrown into chaos yesterday when a mining optimization, known as DrillX_2 (courtesy of @ec1ipse_sol) was finally made known to public. A simple 30 lines of code change doubled the mining rewards one would receive.
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We have been reviewed & verified by @blowfishxyz - the leading fraud prevention solution for web3 wallets. This means that you should no longer see a wallet warning when interacting with our app at https://t.co/USFoPnFWEE
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Cold Steam Minery's epoch staking yield skyrocketing after hitting a level 33 👀
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10/ Inspired by @HardhatChad’s commitment to transparency, we're building out in the open. Dive into our programs at https://t.co/lShKPlmD4S and help us shape the future of money on Solana.
github.com
Delegated Staking for ORE. Contribute to iurage/ore_delegation development by creating an account on GitHub.
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9/ Ready to start staking? Visit https://t.co/wLRsYRUQVi and dive into our comprehensive guides at https://t.co/b6JoPiuDBK to learn more.
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8/ This is the first step in our roadmap to building out a DeFi economy for the new internet-native money @OREsupply.
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7/ Once a Mining Group is created, miners can start mining natively with "ore-cli", with rewards distributed every 24 hours. Rocky supports both individual miners and mining pools.
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6/ Miners can create new groups and set reward commission rates to attract an initial stake to kickstart their journey, while stakers earn a share of the mining rewards.
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5/ Rocky solves these problems by introducing Mining Groups - on-chain accounts that aggregate $ORE from holders to be staked with a specific miner.
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4/ Only 24% of all $ORE in existence is staked today. ORE holders that don’t have access to a cost efficient mining setup are unable to participate in staking, with their holdings being diluted over time by the front-loaded inflationary schedule of Ore.
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3/ This inherently leads to the concentration of mining rewards among the largest existing holders and mining pools: pricing out upstart miners who don’t have access to a $30k stake to mine cost-efficiently.
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