Colosseum Codex: ORE Mint Freeze, Trepa Goes Live, Solflare Shield

Here's what's featured in this week's issue:

• ORE has Officially Frozen the Mint Program
• Trepa Precision Prediction Markets Go Live
• Solflare Opens Pre-orders for New Hardware Wallet
• Squads announces the Altitude CFO Stack
• Blockworks and Solana Foundation Partner to Launch IR Platform

⛏️ ORE Freezes Mint Program

ORE has frozen its mint program, locking in the token’s monetary policy and removing a protocol risk for holders. 

ORE's token authority was previously managed by an automated onchain mining program that itself could be upgraded, which meant future rule changes could alter issuance. To address this, ORE migrated minting to a dedicated mint program with tightly scoped rules and then froze it, making those rules immutable. 

The mint program now enforces a permanent cap on both total supply and emissions, limiting issuance to a maximum of 3 million ORE and a rate no higher than 2 ORE per minute. The code has been open sourced and verified onchain, allowing anyone to confirm the behavior.

The community can still iterate on how ORE is mined, but cannot change the maximum supply.

ORE has officially frozen the mint program

🚀 Trepa Goes Live

Trepa has launched on Solana with a new prediction primitive called “precision predictions.” Instead of yes/no markets, Trepa rewards users based on numerical accuracy. Closer predictions earn proportionally higher returns. 

Users can predict prices, earnings, macro prints, sports stats, election margins, and more, and payouts are determined using a pari-mutuel model tied to prediction error rather than fixed odds.

The app already had 50k+ waitlist signups and received investments from Colosseum, Balaji Srinivasan, Ignight Capital and other notable angel investors, with program audits by Adevar Labs.

Trepa Precision Prediction Markets Is Live

🛡️ Solflare Shield

Solflare has launched Solflare Shield, a new hardware wallet for Solana. 

Shield focuses on removing cables, batteries, Bluetooth connections, and PIN pads. Instead, it uses NFC tap to sign transactions, with keys held in an EAL6+ certified secure chip and PIN or biometric protection required for all activity. 

Shield integrates directly with the Solflare app, so users can manage hot and cold assets within a single wallet experience. 

The product line includes three variants:

• The Unique: Lets users personalize a one of one device with custom art or NFTs.
• The Signature: Offers limited edition designs from Solana artists.
• The Origin: Focuses on minimal, matte black hardware at the lowest price point.

Preorders for all models start at $49 dollars with free global shipping and discounted pricing available until December 21.

Introducing: Solflare Shield

💵 Altitude CFO Stack

Squads is introducing the Altitude CFO Stack, a stablecoin platform designed to centralize treasury operations. 

The CFO Stack brings three workflows into a single platform:

• Invoicing: Handled from creation through collection, with automatic invoice generation, PDF export, direct sending from Altitude, and support for both stablecoin and bank payments. 
• Bill Pay: Consolidates incoming bills into one inbox, automates data extraction, routes approvals based on policy, and allows payment via wire, ACH, SEPA, or stablecoins, with risk checks built in. 
• Accounting: Centralizes transaction data, attaches documentation to each entry, and produces export-ready files for tools like QuickBooks.

The CFO Stack is currently in development, with components rolling out first to select customers before wider availability.

The CFO Stack: Run Finance at Altitude

📈 Lightspeed IR

Blockworks has partnered with the Solana Foundation to launch Lightspeed IR, an investor relations platform to make it easier for institutional investors to underwrite Solana tokens and applications. 

As the markets shift from a retail to institutional investors, the infrastructure around tokens has not kept pace.

Lightspeed IR is designed to address this gap by combining onchain metrics and leading applications with institutional style analysis framed in terms like revenue, users, unit economics and risk.

It also supports ongoing ecosystem intelligence, including roadmap updates, KPI reporting, governance changes and token events, while creating a structured channel between Solana teams and allocators. 

The product is positioned as both a starting point for funds building a Solana portfolio and an investor hub for projects, with launch planned for Q1.

Blockworks launches investor relations platform with Solana

⚡ Quick Hits

Solana Security: A Practical Roadmap from 15+ Audits - @0xcastle_chain

Challenge to get Solana icon merged into FontAwesome - @bjoerndotsol

Larger Transaction Sizes Ephemeral Network - txtx

ORE: Hardhat's Vision - @OREsupply

SIMD-0418: Enable Loader v2 to v3 Program Migrations - Solana Foundation

⚙️ Tools & Resources

pipeit is a comprehensive Solana transaction building library that reduces boilerplate and provides type-safe, composable APIs built on Kit.

tuktuk is a fork of TukTuk that implements Solana Kit. TukTuk is a permissionless task automation service for Solana that can run a transaction at a specific time or on a recurring schedule.

CMTAT-Solana contains the guidelines to deploy a CMTAT compliant token on Solana. The CMTA Standard Token for Securities is an open standard for programs designed specifically for the tokenization of financial instruments such as equity, debt and structured products and other transferable securities.

email.sol is an AI-powered email client built on Zero that sends micropayments upfront and refunds them if replies aren't meaningful that won the Solana track at the 2025 Midwest Blockchain Conference Hackathon.

Scilla is a fast, developer-friendly interactive CLI that uses intelligent prompting to help you build and execute commands seamlessly.

💸 Funding

Asgard Finance, a Solana-based DeFi platform for Credit Backed Positions (CBPs), has raised $2.2M in a seed round led by Robot Ventures, with participation from Solana Ventures, Colosseum,, mtnDAO, Dead King Society, and angels including Anatoly Yakovenko. The funds will support development of on-chain credit tools for seamless, composable strategies integrating spot, perps, and derivatives.

Pye has raised a $5 million seed round led by Variant and Coinbase Ventures, with participation from Nascent, Anagram, Bitgo and others, to build a programmable staking layer on Solana.

👩‍🔧 Get Hired

• Quicknode is hiring a Customer Success Manager
• GLAM is hiring a Founding Product Engineer
• Neon EVM is hiring a DevRel Engineer

🎧 Listen to This

The Latest Development

Anna, founder of Perena, outlines her vision for a “stable bank of Solana” and explains why idle USDC and USDT leave hundreds of millions in yield on the table each year.

She breaks down USD*, a vault product targeting 12 to 18 percent APY on stablecoins, why it is not a traditional stablecoin, and how the yield is actually generated.

The episode also covers risk and black swan scenarios, Perena’s roadmap around tranching, new yield sources, and real world assets, and why she believes more competition in Solana stablecoin and yield products ultimately benefits users.

Perena: The S&P 500 for Onchain Yield w/Anna, Founder

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