# Mu Ore \$MUO

Mu Ore is how one participates in the Mu DAO. It is the wrapped version of Mu Gold \$MU.
Mu Ore \$MUO is the wrapped version of Mu Gold \$MUG. It is minted and burned in a 1:1 ratio with Mu Gold \$MUG. The Mu Ore \$MUO contract will never have more outstanding Mu Ore \$MUO than deposited Mu Gold \$MUG.
As Mu Gold \$MUG is deposited to the contract Mu Ore \$MUO is minted and sent to the depositor. When a depositor wishes to convert their Mu Ore \$MUO back to Mu Gold \$MUG, they simply unwrap their Mu Ore \$MUO and the contract burns (destroys) that Mu Ore \$MUO and returns them back the exact same amount of Mu Gold \$MUG.
Participants wanting to participate in the MU DAO will need to acquire Mu Gold \$MUG and then wrap it to Mu Ore \$MUO.
After wrapping Mu Gold \$MUG into Mu Ore \$MUO participants can participate in the MU DAO.
Participants can can unwrap their Mu Ore \$MUO at anytime they wish on a 1:1 ratio. Meaning if you have 1.8976 \$MUO you can convert it back into 1.8976 \$MUG at anytime you wish.
Rewards and distributions from the MU Ecosystem are only calculated and distributed to the holders of Mu Ore \$MUO. Rewards and distributions come in the form of Mu Coin \$MU and Mu Gold \$MUG, but are only calculated and distributed to those that are holding Mu Ore \$MUO.

## Mu Ore Contract

Mu Ore Contract Address - 0x561f2209eA45023d796bF42F0402B33bc26610ce

## Mu Ore TOKENOMICS

• Maximum Supply - 100,000 - Since Mu Ore \$MUO is a wrapped version of Mu Gold \$MUG there will never be more than 100,000 Mu Ore \$MUO
• Liquidity - Since Mu Ore \$MUO is a wrapped version of Mu Gold \$MUG there's no real liquidity or liquidity pools by default unless a holder creates one for some reason. This is because Mu Ore \$MUO is just Mu Gold \$MUG wrapped on a 1:1 ratio. The liquidity is in Mu Gold \$MUG. Mu Gold \$MUG can be wrapped into Mu Ore \$MUO and Mu Ore \$MUO can be unwrapped into Mu Gold \$MUG at anytime always on a 1:1 ratio.