OrePit
Rigs are earned, never sold

OrePitMine USDC. Your rig decides how much.

An on-chain mine on Arc. A rig earns a share of okei.fun’s real fee revenue every epoch, in proportion to its weight. It loses condition every epoch and earns less as it does. You cannot buy one — the only way in is to have paid fees already.

Status

The contract is written and its test suite passes. It is not deployed, not audited, and no Silicon has been issued. Nothing on this page is live yet, and this notice comes down when that changes rather than quietly staying true.

The loop.

Four steps, and each one feeds the next. The launchpad pays the pool, the pool pays the rigs, the rigs decay, and keeping them alive sends you back to the launchpad.

1

Trade on okei.fun

Silicon accrues on fees paid, never on volume

Wash trading makes volume cheaply and cannot make fees cheaply, because the fees are the cost.

2

Spend Silicon on a rig

Non-transferable, no market, no purchase path

The only way into the pit is to have already been a customer. There is no function that mints Silicon for money.

3

Mine USDC

Your weight ÷ total weight × the epoch pool

A pool split by share of weight cannot pay out more than exists. Falling returns are difficulty, not dilution.

4

Burn $PLUSH to keep it running

500 bps of condition lost per epoch

Decay is the whole loop: it turns one fee payment into a standing reason to come back to the launchpad.

Five tiers.

Weight is geometric in sixes. Five rigs carrying a total weight of 5 become one carrying 6 — that 20% is the entire reason to combine, and it costs a burned fee and four fewer repair transactions.

Tier 1

×1
Fabricate with Silicon

The only rig you can make.

Tier 2

×6
Combine 5 × tier 1

5 rigs of weight 5 become one of weight 6.

Tier 3

×36
Combine 5 × tier 2

25 tier-1 rigs, compressed.

Tier 4

×216
Combine 5 × tier 3

125 tier-1 rigs, compressed.

Tier 5

×1296
Combine 5 × tier 4

625 tier-1 rigs, and 625 rigs of fees.

No shortcut to the top

Tiers above 1 cannot be fabricated. The only route up is combining, so a tier-5 rig is always the compressed history of 625 tier-1 rigs — and therefore of 625 rigs’ worth of fees actually paid.

Condition

500 bps per epoch · 20 epochs of life

A rig at half condition earns half. A rig at zero earns nothing and stops counting toward the total, so it does not dilute anyone. Repairs are bought in notches — one notch is exactly one epoch of life, because you are buying weeks and not an abstract percentage.

Fresh10000 bps
Half worn5000 bps
One notch left500 bps

40% of everything.

One number, published, fixed for the season. Not a blend with exceptions — a share nobody can state in one sentence is a share nobody trusts.

Where 40% sits
Uniswap (fee switch)16.7%
GMX30%
OrePit40%
Curve (veCRV)50%

GMX is the closest structural analogue — protocol revenue routed to holders who are not providing the liquidity. The other 60% is not profit; it is infra, audits, liquidity and the growth that expands the fee base everyone is paid from.

What one graduation is worth

At the 24,000 USDC mainnet default. The live testnet factory is set to a 24 USDC target for testing, so it currently earns a thousandth of this.

Migration — 2% of 24,000
480 USDC
Curve buys — 1% of 24,242
242 USDC
Sell churn — 1% of ~9,700
97 USDC
Creation fee
1 USDC
Total fees
~820 USDC
To the pool (40%)
~330 USDC
Pool per weekly epoch
5 graduations / month
~378 USDC
10 graduations / month
~756 USDC
25 graduations / month
~1,890 USDC

Small numbers, and this page is not going to dress them up. The pool is whatever the launchpad earned, it can be zero, and nothing here borrows against future revenue or smooths a bad week — both are ways of promising a return the business did not make.

Two rules the contract enforces.

Not promises in a document — properties of the code, each with a test whose only job is to fail if it stops being true.

1

The pool is never funded by players

fund() is the only payable function and it is owner-only. Every $PLUSH spent here is burned, never routed to the pool. If rig spending funded the pool, early owners' returns would be paid by later owners' purchases — a ponzi in mechanism whatever the page calls it, and it collapses the moment inflow slows.

2

A rig cannot be bought into existence

Fabrication costs Silicon, and Silicon is only ever earned by paying fees on okei.fun. It is non-transferable, has no market, and there is no function that mints it for money. The only entry is having already traded.

What this does not fix

It removes the circularity and it removes the purchase. It does not make OrePit obviously not a security, and this page will not pretend otherwise. Someone holds an asset, does modest upkeep, and receives dollars generated largely by someone else’s business — that is recognisably the shape regulators look at. What can be said honestly is that the yield is bounded by real revenue rather than new deposits, no money enters from a player in any function, entry requires having paid fees, ownership requires ongoing action, and nothing is promised.