ECOSYSTEM UPDATES

Whirlpools Rotation #9: August 11th — August 25th

Fresh Whirlpools and Double-Dips are rolling into the Orca ecosystem!

Orca
Published in
3 min readAug 11, 2022

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🌊 Whirlpools Rotation #9 🌀

  • Duration: Thursday August 11th — Thursday August 25th, 2022
  • Total Rewards: ORCA rewards for this Rotation will be ~30K ORCA per week, with the distribution across our pools detailed below. All Whirlpools and Aquafarms are now open and rewards will begin on August 11th at ~20:00 UTC.
  • Events: The submission form for the Solana Summer Camp Hackathon is now live, with prizes of up to $50,000 for innovators in DeFi. With Orca co-founder Ori and Orca’s head of BizDev Milan judging, we encourage all podmates who want to build in the ocean of DeFi to participate! 🐳

Double-Dip pools 🐋

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

#1 SLND/USDC from Solend

  • Double-Dip duration: August 11th — September 8th 2022
  • SLND rewards: ~1,600 SLND per week
  • Orca rewards: ~200 ORCA per week

#2 ABR/USDC, acCELO/USDC, afFTM/USDC extended from AllBridge

  • Double-Dip duration: August 11th — September 8th 2022
  • ABR rewards: 4,600 ABR per week across all pools
  • Orca rewards: ~1,600 ORCA per week across all pools

#3 svtOKAY/SOL extended from Solvent

  • Double-Dip duration: August 11th — August 25th 2022
  • SVT rewards: ~300 SVT per week
  • Orca rewards: ~100 ORCA per week

Other fresh Whirlpools… 🌀

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

#4 KI/USDC from Genopets

#5 MEAN/SOL from MeanFi

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

🌊 Deepsea Insights 🌏

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

This week’s Deepsea Insight comes courtesy of Hubble Protocol and Marinade!

Hubble’s listing of several Whirlpools last Rotation led to some speculation on how much activity the the new pools would attract. Turns out, there’s been plenty of activity taking place under the sea…

Note the difference between volume and liquidity. With the power of Whirlpools, liquidity in the USDH/USDC can facilitate more than seven times as much trading volume! 🌀

Additionally, Marinade recently transitioned their MNDE rewards to a decentralized model where MNDE holders can vote on directing MNDE to incentivize mSOL liquidity across the Solana ecosystem. Some mSOL pools have received outsized votes (mSOL/ETH 😉) — if you’re a member of the Marinade community, you can vote in their upcoming proposal ending tomorrow to direct rewards!

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.

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Orca
Orca
Editor for

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