Token Overview

What is ORE? ORE is an over-collateralized debt token issued by Earth Protocol. ORE can be minted by depositing collateral on Earth Protocol.

Hard price ceiling ORE's Troves' maximum LTV of 80% with $XION as collateral creates a natural price ceiling of $1.20.

When the ORE exchange rate exceeds that level, borrowers can make an instant profit by borrowing the maximum amount against their collateral and selling ORE on the market for more than $1.20.

Hard price floor The ability to redeem ORE for collateral creates a hard price floor, below which arbitrage opportunities become profitable.

We call these "hard peg mechanisms" since they are based on direct processes.

What is Earth Protocol governance token? Our governance token will not be deployed at launch. Tune in to learn more about our governance token and its distribution, emission, vesting schedule, etc.