The OORT Foundation has completed the Q1 2026 quarterly buyback and burn, removing 3,000,000 $OORT from circulation.
Burn Details:
It is also the last one.
The quarterly buyback model was a reasonable starting point. Revenue comes in, a portion goes to buying $OORT from the open market, tokens go to a burn address. Clean, predictable, centrally managed.
The problem is the last part — centrally managed.
The burn rate under this model was set by the Foundation's quarterly revenue cycle, not by how actively the network was growing. A strong mining quarter didn't burn faster. A slow one didn't slow down. The two were loosely connected at best.
Four governance proposals passed this month that change that dynamic entirely. The community voted, committed tokens to a 1-year lockup as proof of that commitment, and the new framework is now active.
Proposal #1: Deimos I License Fee Reduction to 10 USDT Proposed by the OORT Asian Pacific Alliance (OAPA), this reduces the universal Deimos I license fee from 60 USDT to 10 USDT for both new activations and renewals. The reduction is contingent on a 1-year lockup of all YES-vote tokens in the governance vault.
Proposal #2: 3-Day Average Pricing Mechanism License pricing moves from real-time OORT market price to a 3-day average of Gate.io daily close prices (0:00 UTC). If you're buying a license on May 9, your OORT cost is calculated from the May 6, 7, and 8 closes — not the live ticker. This removes flash-price penalties at the moment of purchase and lets miners calculate costs in advance with a fixed, verifiable reference.
Proposal #3: Deimos II License Fee Promotional Reduction to 10 USDT Deimos II (Gen-2) licensing drops from 120 USDT to 10 USDT as a promotional rate to accelerate network expansion. The rate reverts to 120 USDT when the first of these three conditions is met: 10,000 new Deimos II devices onboarded, 180 days elapsed, or OORT closes at or above $0.08 for three consecutive days on Gate.io. Devices licensed during the promotional window are grandfathered — the reversion applies only to new licenses issued after the reversion date.
Proposal #4: Coordinated Burn Framework (Equilibrium 1:1) The Foundation, project team, and investors have allocated 30,000,000 $OORT to burn in a 1:1 ratio against the mining community's on-chain burn activity. Every OORT burned by miners through license activity triggers an equivalent burn from the allocated budget. All transactions are on-chain and publicly verifiable. Once the 30M allocation is executed, all stakeholders will evaluate impact and draft a Phase 2 proposal based on network growth at that point.
Full proposal details: governance.oortfoundation.org
Under the quarterly model, burn volume was a Foundation decision. Under Equilibrium Burn, it is a network output.
The 30M allocation doesn't burn on a schedule. It burns in response to what miners do on-chain. More devices online, more licenses purchased, more burn triggered — and the Foundation matches every token.
This creates a direct relationship between network growth and supply reduction that didn't exist before. It also puts the mining community in an actual position of leverage: their participation rate now sets the deflation rate.
The 30M allocation comes from the Foundation, project team, and investor holdings. Those tokens don't burn on a schedule — they burn only when miners do. There's no way to claim the deflationary benefit without the network producing it first.
This framework marks the beginning of a long-term, staged deflationary model that scales directly with community participation.
The Q1 2026 burn of 3,000,000 $OORT brings cumulative totals as follows:
This represents approximately 1.12% of the total 2 billion supply.
The Equilibrium Burn allocation of 30,000,000 $OORT begins now.
The mining community now drives token economics in a way that wasn't structurally possible before. Lower entry costs, predictable pricing, and a burn rate tied directly to on-chain activity are the conditions that make that possible.
Phase 2 of the burn framework will be drafted once the 30M allocation is executed, based on what the network looks like at that point.
We'll keep reporting burn transactions publicly as they occur.
Stay focused.
The OORT Foundation
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The OORT Foundation completes its final quarterly buyback and burn: 3,000,000 $OORT removed from circulation; and activates Equilibrium Burn, a community-driven 1:1 matched framework backed by a 30,000,000 $OORT allocation.
Wrapped two big weeks at OORT. This edition covers Joint Venture with a NASDAQ-listed company Aether Holdings, AION launch, $1200 worth of prizes, new campaigns and more.
