Liquidity Guide #1: March 9th–March 23rd

Orca
3 min readMar 12, 2023

Welcome to Orca’s new Liquidity Guides!

🌊 Liquidity Guide #1 🌀

  • Duration: Thursday March 9, 2023 — Thursday March 23, 2023
  • Total Rewards: Total rewards of ~6K ORCA for this rotation across all pools, plus additional project rewards on select pools. All pools are now open and rewards will begin on March 9th at ~24:00 UTC.
  • Now that standard pools have been deprecated, Orca is retiring the name Whirlpools, and all concentrated liquidity pairs will now simply be referred to as pools. As part of this change, Whirlpool Rotation posts will now be called Liquidity Guides!
  • If you are looking for where concentrated liquidity pools can be found on the Orca website, check under the Liquidity tab in the navigation menu.

Migration note for LPs Orca’s standard pools: As noted above, Orca’s standard pools have been deprecated and LPs can now only deposit into concentrated liquidity pools. For LPs with funds still remaining in standard pools, a “Migrate” option is now live. Read this migration guide to get all the details.

  • Full-range deposits are now live: full-range deposits allow users to mirror a standard pool position, while still using Orca’s concentrated liquidity pools. Your position will earn lower yields compared to concentrated positions, but it will not need to be rebalanced.
  • All standard pools now have full-range deposits available for their concentrated liquidity counterparts
  • Have feedback on full-range deposits or need help using Orca’s concentrated liquidity pools? Hop in our Discord!

Reward incentives for pools migrating to concentrated liquidity from standard pools: to help encourage LPs in standard pools to move liquidity to the corresponding concentrated liquidity pool instead, Orca is continuing a rewards campaign on the following pools:

GMT-USDC (0.30% fee tier) from StepN

  • ORCA rewards: 125 ORCA per week

mSOL-USDC (0.30% fee tier) from Marinade

  • ORCA rewards: 250 ORCA per week

BOP-USDC (1.00% fee tier) from Boring Protocol

  • ORCA rewards: 125 ORCA per week
  • BOP rewards: 25k BOP per week

MNDE-mSOL (1.00% fee tier) from Marinade

stSOL-USDC (0.30% fee tier) from Lido

  • ORCA rewards: 250 ORCA per week
  • wLDO rewards: 375 wLDO per week

ATLAS-USDC (0.30% fee tier) from Star Atlas

  • ORCA rewards: 250 ORCA per week

POLIS-USDC (0.30% fee tier) from Star Atlas

  • ORCA rewards: 250 ORCA per week

SHDW-USDC (0.30% fee tier) from GenesysGo

  • ORCA rewards: 250 ORCA per week

SAMO-USDC (0.30% fee tier) from Samo

  • ORCA rewards: 250 ORCA per week

AURY-USDC (0.30% fee tier) from Aurory

  • ORCA rewards: 125 ORCA per week

🌊 Deepsea Insights 🌏

In the coming weeks, be on the lookout for more educational content regarding how listing on Orca works and the mechanics of LP positions. If you keep your eyes on the horizon, next quarter might also bring with it some interesting updates to the Orca UI and UX. There seem to be some rumblings and opportunity for liquid staking solutions across Solana, especially for savvy LPs on Kamino 😉

Stay tuned to be sure to find out all of the latest information and always feel free to dive into the Orca Discord with any questions in the meantime!

🐋

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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

The official account of Orca: The most user-friendly AMM on Solana 🐳 https://orca.so