Airdrops, Concentrated Liquidity on Solana,

Leveraged ETH Staking & Stablecoin Pools

Retail · APR 26TH, 2022

Jimin

Airdrop Babylon Delphi Insights Orca ROSE Yield Insights

Disclosure: Members of our team are participating in the following farms. This
statement is intended to disclose any conflict of interest and should not be
misconstrued as a recommendation to purchase any token or participate in any
farms. This content is for informational purposes only and you should not make
decisions based solely on it. This is not investment advice. Please exercise
extreme caution if you intend to participate in these opportunities.
Airdrops & Rumours

Optimism has released its Airdrop #1 Eligibility. You can check your
eligibility and airdrop amount here. Airdrop #1 is coming in Q2 and has not
yet occurred – OP is not live yet be careful!
Gem will continue operating independently despite being acquired by
OpenSea. Gem’s founder has not ruled out the possibility of a
token/airdrop.
Genie has confirmed a token and hinted there will be an airdrop for
 community members.
Metahood, Blur and WeMeta are other NFT aggregators that may airdrop
tokens to the community.
Velodrome, a Solidly fork on Optimism will airdrop tokens for users and
protocols. Read about the distribution here.
Evmos has announced its relaunch on the 27th of April. 3-4 days after
mainnet, the Evmos Rektdrop will be claimable for Cosmos Hub, Osmosis
and Ethereum users.
Sudoswap‘s founder 0xmons has hinted at the launch of Sudoswap’s NFT
AMM. XMON holders may be eligible to claim/swap tokens for SUDO.
Bastion token BSTN is now live. Users who pre-mined on Bastion before the
token launch will be able to claim their airdrop. Pre-mining rewards are
proportional to the amount of capital deposited and the duration of time
held. Pre-mine Epoch 1 were able to pre-mine at a 10x rate of Epoch 2.
Connext has announced its token NEXT, with snapshots already being
completed for token distribution. Community members can potentially earn
tokens through the Contributor Program.
Gno Land will airdrop its token GNOT to ATOM stakers or holders, with the
snapshot being taken on July 4th. Gno Land is a new smart contract
platform by Cosmos founder Jae Kwon.

Orca Whirlpools
Orca’s Whirpools are its next-generation AMM. Using the power of concentrated
liquidity, Whirlpools provides higher yields for liquidity providers and better rates
for all. Whirlpool solves issues of high slippage and unused capital limit yields for
liquidity providers by allowing liquidity providers to concentrate their liquidity in
specific price ranges. Liquidity providers who provide deeper liquidity for the
range in which trades actually occur will earn a higher share of fees and rewards,
encouraging more efficient use of capital. Learn more about it here.

Yield Calculations can be found here. To access Orca, you’ll need to connect to a
Solana-compatible wallet.

Bridge: You can deposit and withdraw assets onto the Solana using the
Wormhole Portal.

Tokenomics:

Total Supply: 100M

66.1% (66.1M ORCA) is reserved for the community.
Emission rates are adjusted on a biweekly or event basis. The initial
emissions across all Orca farms were approximately 200k tokens
weekly and have reduced since.
Notable Unlocks:

20% (20M ORCA) will be unlocked over a three-year vesting period and
one-year cliff by the team.
13% (13M ORCA) will be unlocked over a three-year vesting period and a
one-year cliff for Fundraising.
0.9% (900k ORCA) will be unlocked over a three-year vesting period and
one-year cliff by Advisors.

Rewards: check the exposure summary below to see reward distribution and
breakdown

Whirpool Rotation #1

Duration: Monday April 25th to Thursday May 5th

Rewards: The rewards are detailed below for each Whirlpool. Pools will
open for deposits on April 25 and rewards will begin on April 26 at 12:00
UTC

Note: Whirlpools will continue to take zero fees for the Orca Treasury. This will
further increase yields for LPs and lower prices for traders.

Tutorial: Deposit SOL/USDC (you can watch a video tutorial here)

1. Go to Orca’s Whirlpool tab. You will find all the important details here such as
24h Volume, Fees, Fee Rate, Liquidity and APR. Select “Deposit”.
2. Select the “Active” or “Passive” price range after carefully considering both
options. You can also select “Custom” but it is only recommended for
experienced liquidity providers. Select “Next step: Choose amount”.

Note: Learn more about price ranges in Whirlpool’s Handbook here.

3. Deposit your tokens in the same Deposit Ratio stated in the UI. You can do this
automatically by entering the value your wish to deposit in “Total”. Select
“Preview”.

4. After confirming your deposit details, select “Confirm Deposit”.

5. You will receive a Whirlpool NFT and start yield farming after successfully
providing liquidity.
Rose Farm

Rose is a liquidity protocol on Aurora composed of a stablecoin & wrapped

assets exchange, and a Collateralized Debt Position (CDP) based stablecoin
utilizing interesting bearing tokens as collateral. The first product is a stableswap,
the first Automated Market Maker (AMM) to trade assets against each other with
low slippage and minimum trading fees. The second product is a lending market
where you can mint RUSD, an overcollateralized stablecoin. Learn more about it
here.

Yield calculations can be found here. To access Rose, you’ll need to configure
your MetaMask to run Aurora Mainnet using this guide.

Bridge: You can deposit and withdraw assets onto the Aurora network using
Synapse Bridge. Aurora uses ETH as gas. You can use this faucet to get Aurora
ETH.

Tokenomics:

Total Supply: 1B ROSE

50% (500M ROSE) is reserved for Farming and Liquidity Mining Incentives
over a 10-year halving model
Notable Unlocks:

30% (300M ROSE) will unlock over a 2 year vesting period from the Team
Allocation. 66.7% in the first year and 33.3% in the second year.
5% (50M ROSE) is allocated to NearPad to distribute to its stakers over 2
years.
2% (20M ROSE) will unlock over a 2 year vesting period from Advisors.
66.7% in the first year and 33.3% in the second year.
3 Main Tokens:

ROSE is the protocol’s token which is used for incentivization.

stROSE is the revenue sharing governance token which is obtained by staking

ROSE and can be used to borrow RUSD. stROSE has 3 core functions:

Earn 63% of the fee revenue generated by the protocol. Out of the
remaining 37%, 30% will go to the team which will serve as a dev fund to
incentivize long term building and funding beyond the two-year vesting.
Vote on governance proposals
Use as collateral to borrow RUSD

stROSE tokens are continuously compounding. When you unstake, you will
receive all the originally deposited ROSE tokens plus any additional ROSE
earned from fees.

RUSD is the USD pegged stablecoin that is backed by interest-bearing tokens.

RUSD relies on arbitrage to maintain its peg to $1:

Users might see RUSD trading differently in different markets and decide to
buy RUSD in one market where the price is below 1USD and sell in another
where the price is either at 1USD or above. This can also happen in reverse.
In most cases, market to market arbitrage is done by automated bots that
constantly monitor pools for opportunities to capitalize on these price
differences.

Tutorial: Deposit FRAX

1. Go to https://app.rose.fi/#/farms and switch the network on Metamask to

Aurora Mainnet. Select the Frax pool.
2. Select “Add liquidity to the Frax Pool” to get FRAX/Stables LP tokens which
you will later deposit into the Frax farm.
3. Deposit your Frax tokens and RoseStablesLP tokens, then select “Approve”
and “Deposit”.

Note: Deposit to the Stables Pool to get RoseStableLP tokens.

4. Go back to step 2 and enter your Rose FRAX/Stables LP tokens. Then select
“Approve & Deposit” to start farming.
Babylon’s Fountain of ETH

Babylon is a community-led asset management protocol that enables users to

invest in DeFi together. It’s built on the Ethereum network and it’s non-custodial,
transparent, permission-less, and governed by the community. Community
members can create investment communities (called “Gardens”) and invite
people to deposit capital. Members participate in the garden by joining the
telegram chat, suggesting and voting on strategies. Read more about it here.

Yield calculations can be found here. To access Ethereum, you’ll need to

configure your MetaMask to run Ethereum’s Mainnet.

Bridge: You can use Synapse Protocol to bridge assets over to Ethereum.
Ethereum uses ETH for gas.
Tokenomics:

Total Supply: 1M BABL

69% (690K BABL) is reserved for the community. From the 69%: 10% for
Strategists, 10% for Voters and 80% for Liquidity Providers
The Mining Program will last approximately 10 years

Notable Unlocks:

19% (190K BABL) will be unlocked over a three year vesting period by Seed
Investors.
10% (100K BABL) will be unlocked over a four year vesting period by Team
Members.
14% (140K BABL) will be used to fund new initiatives and pay contributors
by the Protocol Treasury.
Note: Babylon’s returns are calculated in vAPR. Variable Annual Percentage
Return (vAPR) is based on the change in share price over the previous quarter (90
days), extrapolated out to an annual rate.

Tutorial: (guide by Babylon)

1. Go to Babylon’s Explore page. Select “The Fountain of ETH”.

2. Take a moment to explore the garden parameters, strategies, charts, metrics,

and everything else to ensure its risk profile is in line with your risk appetite
before pressing the Deposit to Join button.
3. A deposit pop-up will appear and the first thing you’ll notice is Babylon
uses Signature Deposits to reduce gas costs for its users. In the example, the
Web3 wallet is funded with ETH, but the reserve currency for the Fountain of ETH
is actually WETH. Click “Approve WETH Allowance” and then “Deposit by
Signature”.
4. When you press the deposit button, another metamask pop-up will appear,
this time asking for your signature. This operation will not cost you any gas and
will deposit your WETH into the Fountain of ETH. Press the “Sign” button to
approve the request and wait for the success prompt from Babylon.

As always, please exercise extreme caution if you intend to participate in these

opportunities. Happy farming everyone!

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