ECOSYSTEM UPDATES

Whirlpools Rotation #4: June 2nd — June 16th

Prepare for thirteen new Whirlpools, including one Triple-Dip and three Double-Dip pools!

We’re diving into June with a splash this Rotation, with a boatload of fresh Whirlpools arriving in our ecosystem. Read on to learn more about the new pairs arriving on Orca, a brief update on the Terra airdrop, and some Deepsea Insights into what’s going on beneath the surface of our protocol!

Want to build the future of the Solana ecosystem with us? Check out the Whirlpools Builders Program: We’re providing grants of up to $200K in ORCA to developers creating new applications with our Whirlpools. Wave 1 for submissions ends on the 30th of this month — learn more here!

🌊 Whirlpools Rotation #4 🌀

• Duration: Thursday June 2nd—Thursday June 16th, 2022
• Total Rewards: Total ORCA rewards for this rotation will stand at ~55K ORCA, with the distribution across our pools detailed below. All Whirlpools are now open and rewards will begin on June 2nd at ~24:00 UTC. Aquafarms rewards will go into effect at ~20:00 UTC on June 2nd.
• Events: We’ll be attending Solana’s Austin Hacker House at the beginning of this Rotation, and Solana’s London Hacker House at the end. If you’re in the area, be sure to say hello! Just look for the Orca logo 😉

Triple-Dip pools 🐳

LPs can earn three different token rewards plus trading fees in Triple-Dip pools.

This Rotation, we continue bringing our innovative triple-reward pools to Orca with the arrival of STEP/USDH!

#1 STEP/USDH (STEP by Step Finance, USDH by Hubble)

• Triple-Dip duration: June 2nd—August 25th 2022
• Hubble rewards: 1,500 HBB per week
• Step rewards: 13,300 STEP per week
• Orca rewards: 250 ORCA per week

Double-Dip pools 🐋

Double-Dip Whirlpools offer LPs two different token rewards plus trading fees.

#2 CMFI/USDC (CMFI by Compendium Finance)

• Double-Dip duration: June 2nd — June 30th 2022
• Compendium rewards: 19,250 CMFI per week
• Orca rewards: 150 ORCA per week

#3 CAVE/USDC (CAVE by Crypto Cavemen)

• Double-Dip duration: June 2nd — October 20th 2022
• Crypto Cavemen rewards: 10,000 CAVE per week
• Orca rewards: 250 ORCA per week

#4 LARIX/USDC (LARIX by Project Larix)

• Double-Dip duration: June 2nd — June 30th 2022
• Larix rewards: 420,000 LARIX weekly
• Orca rewards: 100 ORCA per week

Other fresh Whirlpools… 🌀

Whirlpools offer market-savvy LPs the opportunity to compete for higher yields

While these Whirlpools receive no additional token rewards, they are highly capital efficient and provide tactical opportunities for Sharks! 🦈

#5 MEDIA/USDC (MEDIA by Media Network)

#6 PUFF/SOL (PUFF by Stoned Ape Crew)*

Note: While there will be no rewards for two Whirlpools upon launch, there may be some coming next week... 😉

#7 AURY/USDC (AURY by Aurory)

#8 SLND/USDC (SLND by Solend)

#9 jSOL/USDC (jSOL by JPool)

#10 jSOL/SOL (jSOL by JPool)

#11 SBR/USDC (SBR by Saber)

#12 ANA/USDC (ANA by Nirvana)

#13 FAB/USDC (FAB by Fabric)

Double-Dip pools (Standard)

Our standard Double-Dip pools provide LPs with two different token rewards, but within a constant product pool rather than a concentrated liquidity pool (Whirlpool).

In collaboration with the Lido team, we will be restarting several stSOL Double-Dip pools for at least the month of June.

#14 stSOL/USDC:

• Lido rewards: 2,500 LDO per week

#15: stSOL/SOL*:

• Lido rewards: 1,250 LDO per week

#16: stSOL/USDT:

• Lido rewards: 2,500 LDO per week

#17: stSOL/BTC*:

• Lido rewards: 1,250 LDO per week

#18: stSOL/ETH*:

• Lido rewards: 1,250 LDO per week

#19: stSOL-wstETH:

• Lido rewards: 1,250 LDO per week

*Pools with an asterisk will be available on the Orca UI at least 12 hours before rewards begin as the Solana Network returns to processing transactions.

Update on Terra

Solana Ecosystem projects are currently evaluating a good path to provide the Terra 2.0 airdrop to impacted users for wrapped UST and LUNA holders. The Orca team will continue to update the community on next steps when available.

🌊 Deepsea Insights 🌏

With every Rotation, there’s always something interesting going on in the Orca ecosystem!

This week, we’ve noticed a significant lack of liquidity in the Avalanche (AVAX/USDC) Whirlpool, despite the prominence of Avalanche in the broader ocean of digital assets…

If a brave Shark dives into this Whirlpool and provides liquidity competitively, they stand the opportunity to earn a feast in trading fees! 🦈

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.