ECOSYSTEM UPDATES
Whirlpools Rotation #17: December 1st — December 15th
A Whirlpools Rotation during a whirlwind of a week!
🌊 Whirlpools Rotation #17 🌀
- Duration: Thursday December 1, 2022 — Thursday December 15, 2022
- Total Rewards: The rewards are detailed below for each Whirlpool with total rewards of ~15K ORCA per rotation across all pools. All Whirlpools are now open and rewards will begin on Dec 1st at ~24:00 UTC.
- Orca’s second Treasury Report was published this week, detailing the current balances of the Orca Treasury and Climate Fund, the evolution of the Orca DAO, and providing an update on ORCA tokenomics. Check it out here!
- Keep an eye on the tides for a certain integration announcement this week. Not much can be revealed right now, but there’s plenty for a podmate to be pleased about 😉
Fresh Whirlpools 🌀
Whirlpools offer market-savvy LPs the opportunity to compete for higher yields
SOL/USDT (0.3% fee tier) from Solana
- Orca rewards: ~250 ORCA per week
SOL/USDT (0.05% fee tier) from Solana
- Orca rewards: ~250 ORCA per week
SUITE/USDC (1.0% fee tier) from The Suites via community listings
🌊 Deepsea Insights 🌏
A smaller Rotation this week, as there’s plenty of action taking place elsewhere in the ecosystem (see above).
That said, this month has already seen plenty of exciting developments already! Orca surpassed $1 billion in trading volume in the first three weeks of November, demonstrating the extraordinary capital efficiency of concentrated liquidity. Total volume traded on Orca since inception now stands above $32.5 billion.
Despite the market storm, Orca is sailing smoothly towards the new year. Keep on swimming 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.
