A new wave of innovation is sweeping through the Orca ecosystem...especiallyVortex Builders ProgramThe first wave! 🐳
Launched in late May, the builders program grows the Orca ecosystem by incentivizing developers to build on Orca's capital-efficient whirlpools. 🌀
first level title
— Ori Kwan,Project Overview
Project Overview
Projects submitted to the Builders Program are evaluated against the following objectives:
Allow a wider range of users to access centralized liquidity through the whirlpool
Better ratios for LPs and traders through increased capital efficiency
Develop a more decentralized product and developer ecosystem
In turn, there are three key target areas that are particularly critical for new projects that Orca can help with:
capital:Projects need funding to get off the ground and hire experts in development blind spots
User Acquisition:Orca's thriving user base can serve as a starting point for innovative new projects
Master-student relationship:Orca's cutting-edge development team can provide professional help for builders starting in DeFi
Twenty-five projects applied for funding, and the strength of the concepts submitted is a testament to the enthusiasm of the Orca community. Many started building before their grants were even finalized! As funded projects come to fruition in the coming months, whirlpools will become easier to use, offer greater utility, and provide greater market transparency.
important hint:
Orca cannot and does not warrant the safety or final quality of products in the builder's program. Winners are selected based on ability, experience, and potential to grow within the Orca ecosystem. All group members should exercise caution and do their own due diligence before interacting with or depositing with any of the protocols listed.
In the end, a total of 11 projects were funded in the first wave. Learn more about the winners...
🌊 Liquidity Management 🌀
These grant recipients are building the vault product on Whirlpool to improve usability and expand functionality.
Tulip
Tulip is building a centralized liquidity vault to reduce impermanent losses and automatically reinvest rewards.
website:tulip.garden
Builders at work: TheTulip team!
Kamino (Powered by Hubble)
Hubble is developing Kamino, a vault that allows LPs to enjoy the benefits of centralized liquidity without the need for constant rebalancing. It also provides a novel method of using Whirlpool LP positions as collateral.
website:Kamino and Hubble Protocol
Builders at work: TheHubble team！
Investin
Investin is building a vault that is actively managed by asset managers on Whirlpool and Mango v3, LPs will be able to monitor related activities through one interface, such as performance charts and expected APRs, etc.
website:Investin.pr
Builders at work: TheInvestin team!
Boson
Boson is building a single token vault to automatically compound and aggregate vortex pool returns.
Website :boson.finance
Vyper
Vyper is using efficient leveraged mining to build a neutral vault on the Vortex pool.
website:vyper.protocol
Builders at work:SolBrickLayer, Crypto_Notte, Vanderlinde, and Heremitas!
Goblin Gold
Goblin Gold builds a vault protocol that accumulates returns in stable assets. The team aims to increase the composability of Whirlpool NFT positions by providing users with fungible LP tokens.
website:goblin.gold
Builders at work:Binye Barweand team!
HedgeFarm
Hedge Farm is building an automated centralized liquidity management solution using quantitative strategies.
website:HedgeFarm (Twitter)
Builders at work: a team of experienced builders led byAurélien and Nicolas!
🛠️ Trading Tools ⛏️
These grant recipients provide traders on Orca with more sophisticated trade execution capabilities.
Autonomy
Autonomy is building an on-chain protocol to assist Orca traders with various order types, including limit orders and stops. Their automated trading feature introducing limit orders is live!
website:AutonomyNetwork.io
Builders at work:James and Diego!
📉 Quantification tools 📈️
These grant recipients are building analytical tools to help users better understand market dynamics.
APY.Vision
APY.Vision is building a slick UI for liquidity positions in Vortex, including performance reports and PnL analysis.
website:APY.Vision
Team: TheAPY.Vision team!
Compass Labs
Compass Labs is building smart algorithms for liquidity provision in whirlpools. (In Orca's Whirlpool, a tool for conveniently accessing active liquidity reserves while optimizing risk-adjusted returns for investors).
website:CompassLabs.ai
Mayflower
Mayflower is creating liquidity bootstrap tools to initialize liquidity for new or illiquid assets and pools.
Team: theMayflower team!
Our Builders Portal will provide a detailed list of proposals, teams, and grant amounts distributed. Keep an eye out for the AMAs and Demo Days with grant recipients as they grow the Orca ecosystem! 🐳
Want to join the wave of development on Whirlpool? Head over to the Orca Discord#whirlpools-builders, where you'll meet Yugure (Yugure #3291) and Fuzzy Yeti (fzzyyti#1196). They will help you get started fast! 🛠️
