Concentrating on Concentrated Liquidity.
🌊 Whirlpools Rotation #21 🌀
- Duration: Thursday January 26, 2023 — Thursday February 9, 2023
- Total Rewards: Total rewards of ~6K ORCA for this rotation across all pools, plus additional project rewards on select pools. All Whirlpools are now open and rewards will begin on January 26th at ~24:00 UTC.
- As Solana’s resurgence continued over the last couple of weeks, network demand remained high, especially for trading popular pairs like SOL-USDC. To help users ensure their trades are going through, Orca has added priority fees to all trades and LP transactions on Orca’s UI.
- Keep an eye out for new ORCA rewards on Whirlpools that are taking over for their standard pool counterparts. Still an LP in standard pools? Check out this migration guide to move over!
New Whirlpools… 🌀
Tokens making their first appearance on Orca
RLB-USDC (1.00% fee tier) from Rollbit
HADES-USDC (1.00% fee tier) from Hadeswap
HADES-SOL (1.00% fee tier) from Hadeswap
Whirlpools with New Rewards… 🌀
Returning token pairs with new rewards
BONK-USDC (0.30% fee tier) from Bonk
- BONK rewards: 937,500,000 BONK per week
BONK-SOL (0.30% fee tier) from Bonk
- BONK rewards: 937,500,000 BONK per week
BONK-bSOL (0.05% fee tier) from Bonk and BlazeStake
- BONK rewards: 62,250,000 BONK per week
BONK-USDH (0.30% fee tier) from Bonk and Hubble
- BONK rewards: 62,250,000 BONK per week
Migration note for LPs Orca’s standard pools: rewards on Double-Dip pools end with this rotation (on January 26th) and rewards have been migrated to their Whirlpool counterparts! Read this migration guide to get all the details.
- Full 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 users are now able to deposit using the full-range for the following 30 pairs: ATLAS/USDC, POLIS/USDC, SHDW/USDC, SAMO/USDC, SOL/USDC, mSOL/USDC, mSOL/USDT, stSOL/USDC, stSOL/USDT, DUST/USDC, DUST/SOL, BONK/USDC, BONK/SOL, ORCA/USDC, ORCA/SOL, MNDE/mSOL, MNDE/USDC, AURY/USDC, mSOL/ETH, mSOL/USDH, mSOL/USDC, stSOL/ETH, stSOL/USDH, wstETH/stSOL, ABR-USDC, TAKI-USDC, stSOL/ETH, bSOL/BONK, HADES/USDC, SOL/HADES, BOP/USDC, BOP/SOL
- Additional pools with full-range deposits will be available with the next rotation on February 9th.
- Have feedback on full-range deposits or need help using Orca’s concentrated liquidity pools? Hop in our Discord!
New reward incentives for pools migrating to Whirlpools from standard pools: to help encourage LPs in standard pools to move liquidity to the corresponding Whirlpools instead, Orca is launching 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
Don’t forget that the following pools still have ongoing ORCA rewards to encourage migrating liquidity from standard pools to the corresponding Whirlpools:
MNDE-mSOL (0.30% fee tier) from Marinade
- ORCA rewards: 125 ORCA per week
- MNDE rewards: 100% of emissions from the Marinade liquidity gauge
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 🌏
Community Listings continue to grow, and some pools are finding great success! One protocol that has taken advantage of this feature is BlazeStake and their bSOL liquid staking token. Both their bSOL/SOL and bSOL/BONK pairs have seen tremendous growth over the past few weeks and have grown to a total of nearly $500k in liquidity. This is a great example of a project that is active in the Solana community taking advantage of Orca’s community listings to help push their protocol forward! 🐋
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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.
