Whirlpools Rotation #6: June 30th — July 14th

This post was originally published here

ECOSYSTEM UPDATES

Eight new Whirlpools, a wave of upcoming grants, and more!

Want to build the future of the Solana ecosystem with us? We’re providing grants of up to $200K in ORCA to developers creating new applications with our Whirlpools! 🐳

But move fast — Wave 1 of the Whirlpools Builders Program ends tomorrow. Learn more here!

🌊 Whirlpools Rotation #6 🌀

  • Duration: Thursday June 30th — Thursday July 14th, 2022
  • Total Rewards: Total ORCA rewards for this rotation will stand at ~35K ORCA, with the distribution across our pools detailed below. All Whirlpools and Aquafarms are now open and rewards will begin on June 30th at ~20:00 UTC.
  • Events: We’ll be announcing the recipients of Whirlpools Builders grants this rotation — keep an eye out for a Twitter Space where we get to know their projects!

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! 🦈

#1 DUST/USDC from DeGods

#2 DUST/SOL from DeGods

biswap

#3 ATLAS/USDC from Star Atlas

#4 POLIS/USDC from Star Atlas

#5 PUFF/SOL from Stoned Ape Crew

#6 UXD/USDC from UXD

#7 scnSOL/SOL from Socean

#8 scnSOL/USDC from Socean

Double-Dip duration updates 💧

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

svtOKAY/SOL from Solvent Protocol (extended)

  • Double-Dip duration: June 30th — July 14th 2022
  • Solvent rewards: 750 SVT per week
  • Orca rewards: 50 ORCA per week

LARIX/USDC from Project Larix (extended)

  • Double-Dip duration: June 30th — July 28th 2022
  • Solvent rewards: 336,000 LARIX per week
  • Orca rewards: 100 ORCA per week

And all Double-Dip Aquafarms supported by Lido (stSOL/USDC, stSOL/USDT, stSOL/SOL, stSOL/wstETH, stSOL/BTC, stSOL/ETH) have been extended for at least two more Rotations!

🌊 Deepsea Insights 🌏

With every Rotation, there’s always something interesting going on under the sea! 😉

Halfway through Whirlpools Rotation #6, the Genopets team launched the KI/USDC Whirlpool in anticipation of their upcoming dual-token system. Since then it’s become the most liquid Whirlpool yet!

Lastly podmates, there’s a a wave of new development coming over the horizon from the Whirlpools Builders Program! 🌅

From automated liquidity management through vaults, to LP position headging and deepsea analytics, there’s something for every Shark in our Whirlpools. Stay tuned! 🦈

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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