- Clore.ai burns 300 million tokens, reducing total supply by 23% from 1.3 billion to 1 billion hard cap.
- Platform migrates from proof-of-work blockchain to Ethereum ERC-20 standard, eliminating miner sell pressure.
- Team allocation drops from 10% to 4% with five-year vesting and six-month cliff period.
- Snapshot occurs December 21 at 12:00 UTC with 1:1 token swap and two-month claim window.
- DEX trading launches next week with immediate support for MetaMask, Ledger, Trezor, and Trust Wallet.
GPU rental platform Clore.ai announced a major tokenomics overhaul on December 16, 2025, that includes burning 300 million CLORE tokens and migrating from its proof-of-work blockchain to Ethereum’s ERC-20 standard. The burn represents approximately 23% of the current token supply.
The platform will take a snapshot of all token holdings on December 21, 2025, at 12:00 UTC. Users will have two months to claim their tokens on the new Ethereum-based network at a 1:1 ratio.
Core Changes Remove Mining Pressure
The migration eliminates the structural sell pressure created by miners who regularly sell rewards to cover electricity and operating costs. According to Clore’s official documentation, the team spent over 18 months developing a proof-of-stake alternative before determining that approach would still fail to address ongoing sell pressure from stakers harvesting yield.
The new tokenomics reduce the total supply from approximately 1.3 billion tokens to a hard cap of 1 billion tokens. The burn brings circulating supply down from roughly 625 million to 325 million tokens available at launch.
Team allocation drops from 10% to 4% of total supply, with a five-year vesting schedule and six-month cliff. Marketing allocation receives a two-year vesting period.
DEX Trading Begins Next Week
Clore will launch on decentralized exchanges including Uniswap immediately following the snapshot. The ERC-20 migration enables instant wallet support across MetaMask, Trust Wallet, Ledger, and Trezor without requiring custom infrastructure.
The new contract address is 0xe60201989b8628f43dc0605f585a72bcf1f1e977 on Ethereum mainnet. Deposit confirmations on the Clore marketplace and supported exchanges will take under three minutes, down from significantly longer wait times on the legacy proof-of-work chain.
Legacy network deposits and withdrawals close on December 20, 2025. After the snapshot, exchanges and the Clore platform will only support the ERC-20 version of the token.
Technical Infrastructure Improvements
The platform operates a GPU rental marketplace where users can rent computing power for AI development, scientific research, and cryptocurrency mining. Hardware owners earn CLORE tokens for renting idle GPUs, which automatically switch to mining when not rented.
The ERC-20 standard provides immediate access to established blockchain infrastructure including block explorers, analytics platforms, and DeFi protocols. This removes the overhead of maintaining custom wallet software and simplifies exchange integrations.
CoinMarketCap data shows current circulating supply at 626 million tokens before the burn. The platform has existing security monitoring through CertiK, which gives it a security score of 79.82%.
Clore stated that audits from additional crypto security firms will be published in the coming days, though specific audit partners were not named in the announcement.
Supply Distribution and Vesting
The final 1 billion token supply breaks down as follows: 630 million tokens reserved for existing holders to claim, 143 million for marketplace rewards with two-year vesting, 87 million for marketing with two-year vesting, and 40 million for the team with five-year vesting.
The remaining 100 million tokens split evenly between treasury operations, protocol-owned liquidity, ecosystem development, and growth initiatives at 25 million each.
Daily marketplace rewards start at 164,000 CLORE per day, split between proof-of-holding incentives and marketplace activity. This emission rate decreases 30% annually through a monthly decay factor.
CLORE serves as the payment token for GPU rentals and VPN services on the platform. The proof-of-holding system provides fee reductions and increased earnings for users who maintain token balances.
Cross-Chain Plans
Clore plans to expand beyond Ethereum to Binance Smart Chain, Polygon, and Solana through official bridges. The company emphasized users should only use official bridge infrastructure once available.
The migration concludes Clore’s shift away from maintaining a standalone blockchain. The team cited slower exchange integrations, higher infrastructure overhead, and limited composability with the broader crypto ecosystem as factors in the decision.
Trading will continue without interruption during the snapshot process. Only deposits and withdrawals on the legacy network face restrictions around the December 20-21 transition window.
Users who miss the two-month claim window after the snapshot will need to contact Clore support, though specific procedures for late claims were not detailed in the announcement.
Previous Articles:
- Peter Schiff Predicts Bitcoin Crash as Silver Hits $66.50 Record High
- Bitcoin May Drop Below $50K by 2028 Without Quantum Fix
- Ethereum Tops $100M in Liquidations as Crypto Market Unwinds
- Dogecoin Falls Below $0.1310 After Fed Rate Cut, Bears Take Control
- Creators Coalition on AI Launches to Set Industry Standards
