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

• Note: the old version of KI is now listed as depKI/USDC, with the newly released version under KI/USDC.

#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.

About Solend

Solend an algorithmic, decentralized protocol for lending and borrowing on Solana. Lending and borrowing have proven themselves to be key in a DeFi ecosystem.

Website | Twitter |

About MeanFi

MeanFi a censorship-resistant, user-friendly, self-custody, permissionless & trustless bank bringing everyday banking workflows and real-time finance to crypto and DeFi.

Website | Twitter |

About Genopets

Genopets the world’s first Free-to-Play, Move-to-Earn NFT mobile game that makes it fun and rewarding to live an active lifestyle. A Genopet your digital pet whose evolution and growth is inextricably linked to your own. The steps you take every day power your journey through the Genoverse as you explore, battle, and evolve — earning crypto while you play.

Website | Twitter |

About Orca

Orca the easiest way to exchange cryptocurrency on the Solana blockchain. There, you can exchange tokens with minimal transaction fees and lower latency than any DEX on Ethereum, all while knowing that you’re getting a fair price. Additionally, users may provide liquidity to a trading pool to earn a share of trading fees.

Website | Twitter |

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