Allbridge Joins Orca’s New Whirlpools Rotation!
We are excited to announce that our Orca farms are returning — updated and improved! ABR and two of our bridged assets, CELO and FTM, will be featured in the new Whirlpools rotation!
What are Whirlpools?
Whirlpools are the new type of Orca’s liquidity pools. They allow liquidity providers to concentrate their liquidity around specific price ranges, enabling more efficient swaps. You may find more details about the concentrated liquidity pools in Orca’s explainer article.
LP incentivization for ABR/USDC, CELO/USDC, and FTM/USDC will begin on May 19th approximately at 23:00 UTC, extending through June 16th, 2022.
Orca is 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.
Allbridge is a simple, modern, and reliable way to transfer assets between different networks. It is a bridge between both EVM and non-EVM compatible blockchains, that aims to cover L2 solutions and NFT transfers in the future.
Allbridge’s mission is to make the blockchain world borderless by providing a tool to freely move assets between various blockchains.