ECOSYSTEM UPDATES
Whirlpools Rotation #16: November 17th — December 1st
A storm is no match for the apex predator of Solana DeFi…
🌊 Whirlpools Rotation #16 🌀
- Duration: Thursday November 17, 2022 — Thursday December 1st, 2022
- Total Rewards: The rewards are detailed below for each Whirlpool with total rewards of ~30K ORCA per rotation across all pools. Rewards will begin on November 17th at ~24:00 UTC.
- If you have ever wanted to deploy your own Whirlpool, your chance to give it a spin is now live through Community Listings! Give it a try here and read this post to get acquainted 👀
Note for LPs: All rewards on soBTC pools will end with today’s rotation. Please be careful trading any Sollet wrapped assets as they have significantly de-pegged from their native assets.
Double-Dip pools 💧💧
Double-Dip Whirlpools offer LPs two different token rewards plus trading fees.
BAT/USDC rewards have begun, courtesy of Brave
- Double-Dip duration: until January 12, 2023
- BAT rewards: ~12,500 BAT per week
- Orca rewards: ~100 ORCA per week
Other fresh Whirlpools… 🌀
Whirlpools offer market-savvy LPs the opportunity to compete for higher yields
To help bootstrap liquidity across several new fee tiers and pools, the following pairs will receive ~250 ORCA/week in rewards:
- SOL/USDC (0.01% fee tier) from Solana
- SOL/USDC (1.0% fee tier) from Solana
- SOL/whETH (0.05% fee tier) from Solana and Portal
- SOL/whETH (0.3% fee tier) from Solana and Portal
- SHDW/USDC (0.3% fee tier) from GenesysGo
- SHDW/SOL (0.3% fee tier) from GenesysGo
- GMT/USDC (0.3% fee tier) from StepN
- GST/USDC (0.3% fee tier) from StepN
Lastly, through Community Listings, you’ll soon see new pools arriving ashore from several Solana projects:
- JELLY/USDC (0.3% fee tier) from Jelly Rascals
- svtBV/SOL (1.0% fee tier) from Solvent
- svtGENE/SOL (1.0% fee tier) from Solvent
- svtGOON/SOL (1.0% fee tier) from Solvent
- svtHNYG/SOL (1.0% fee tier) from Solvent
- svtEPOCH/SOL (1.0% fee tier) from Solvent
- svtWAVE/SOL (1.0% fee tier) from Solvent
- svtTHUGZ/SOL (1.0% fee tier) from Solvent
- svtVSNRY/SOL (1.0% fee tier) from Solvent
- SSURF/SOL (1.0% fee tier) from Solvent
🌊 New arrivals in the Orca ecosystem: LP Vaults 🛠️
Concentrated liquidity just got a lot simpler
A vault is a smart contract (“program” on Solana) that conducts certain actions on-chain to actively and automatically manage liquidity provided to concentrated liquidity platforms like Orca.
Below you can find a few of the newest additions. Feel free to tweet @orca_so and the providers below with new vaults you’d like to see! 🌀
Tulip.garden: Concentrated liquidity vaults that reduces divergence loss and auto-compounds rewards.
Kamino.finance: Vaults that gives LPs exposure to the benefits of concentrated liquidity without continuous rebalancing. Kamino also offers a novel method to use Whirlpool LP positions as collateral.
Nazare.so: Vaults that allow depositors to take advantage of concentrated liquidity without actively managing their positions themselves.
Investin.pro: Active liquidity provision executed by individual vault managers. LPs are able to monitor activity through a UI that shows vault positions with performance charts and expected APRs.
🌊 Deepsea Insights 🌏
There’s always something interesting going on under the sea…
Despite the exceptionally stormy seas, the Solana network and Orca have stood steadfast. Orca remains the Apex AMM of Solana, facilitating almost $900M in volume since November began with traders always having total custody over their own funds. (Savvy stablecoin LPs may want to check out the USDCet/USDC Whirlpool 😉).
Orca sends its best wishes to everybody affected by the collapse of FTX and Alameda. Orca did not have a relationship with either, or keep any funds on deposit at FTX. Orca’s operations and roadmap are unaffected, and Orca remains committed to providing the best DeFi experience on Solana.
To learn more on Orca’s current positioning, and to get some insights into how Orca’s founders view the situation, click here.
Stay safe out there podmates! 🐳
Disclaimer: The content of this communication is not financial advice and should not be relied on by any persons as financial advice. This communication has not been provided in consideration of any recipient’s financial needs. We have not conducted any financial assessment based on the personal circumstances of any recipients. Before using the protocol, carefully review all relevant documentation and consider risks including total loss of funds.
