Whirlpools Rotation #7: July 14th — July 28th
A wave of new stableswaps and a Double-Dip from Media is washing into the Orca ecosystem!
🌊 Whirlpools Rotation #7 🌀
- Duration: Thursday July 14th — Thursday July 28th, 2022
- Total Rewards: ORCA rewards for this Rotation will be ~35K ORCA per week, with the distribution across our pools detailed below. All Whirlpools and Aquafarms are now open and rewards will begin on July 14th at ~20:00 UTC.
- Events: Orca is proudly supporting the the Solana Summer Camp online hackathon, with prizes of up to $50,000 for innovators in the DeFi space. We encourage all podmates who want to build in the ocean of DeFi to participate! 🐳
- Members of the Orca Strategy team will also be attending the Solana Hacker House in Paris this Rotation. Be sure to drop by and say hello if you’re in the area! 👋
Double-Dip pools 🐋
Double-Dip Whirlpools offer LPs two different token rewards plus trading fees.
#1 MEDIA/USDC from Media Network
- Double-Dip duration: July 14th — December 29th 2022
- Media rewards: 2,075 MEDIA per week
- Orca rewards: ~500 ORCA per week
#2 ABR/USDC, aFTM/USDC, acCELO/USDC from Allbridge
- Double-Dip duration: July 14th — August 11th 2022
- Allbridge rewards: 4,600 ABR per week across all pools
- Orca rewards: ~1,000 ORCA per week across all pools
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! 🦈
#3 DAI/USDC (bridged by Portal)
#4 UXP/USDC (from UXD Protocol)
🌊 Deepsea Insights 🌏
With every Rotation, there’s always something interesting going on in the Orca ecosystem…
Last Rotation we welcomed the DUST/USDC and DUST/SOL Whirlpools that are running swimmingly for LPs with no rewards except trading fees!
And stablecoin yields from USH/USDC (from Hedge) and USDH/USDC (from Hubble) continue to an interesting pair of pools to explore— but be sure to understand the risks in these stormy market conditions! 🌊
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.