ORCA Mint Markets preserve the USK peg by liquidating positions that exceed the 60% LTV threshold. ORCA users can bid on the collateral with up to a 30% discount, ensuring the stability of the USK peg. π°π‘οΈ
Here is one exciting $stATOM Orca pool that looks like juice cheap stATOM is up for grabs soon. TIP: User the little ORCA Icon next to where you connect your wallet ;)
3/ π» GHOST ORCA Markets π»
GHOST ORCA Markets protect GHOST lenders by liquidating borrowers' positions when their collateral value drops below the specified threshold (50% LTV for GHOST). This ensures that GHOST lenders are protected from risks. π‘οΈπ USK borrow markets below
4/ π§ GHOST ORCA Queues π§
GHOST ORCA Queues serve as a safety net for GHOST lenders. When a borrower's position is at risk, ORCA places it in a queue. ORCA users can then bid on these positions, ensuring that GHOST lenders are protected from potential losses. β οΈπ
5/ π Margin Trading (Coming Soon) π
In the future, ORCA will support margin trading, allowing users to leverage their positions by borrowing USK via FIN. If a user's margin position goes south, the position will be placed in ORCA to be liquidated. ππ
6/ π§ ORCA Mechanisms π§
ORCA employs various mechanisms to ensure the Kujira ecosystem's stability and security:
1. Liquidation Process π 2. Auction System π¦ 3. Synthetic Assets π§ͺ
These mechanisms work together to maintain the ecosystem's integrity. ππ
Users can bid on collateral as if it were an auction with up to 30% discount, everyone wins similarly, fairly and everyone can be a whale.
7/ π ORCA's Role in the Kujira Ecosystem π
ORCA serves as the guardian of the Kujira ecosystem, maintaining stability and security by ensuring the USK peg's stability, protecting GHOST lenders, and managing margin position risks (coming soon). π‘οΈπ
8/ π Launch of GHOST & The Future of ORCA π
The launch of GHOST brings exciting opportunities for ORCA, with increased demand for USK and more collateral assets entering the ecosystem. ORCA will play a crucial role in maintaining stability and security as the platform grows.
9/ π€« Sneaky Strategy Hint π€«
$KUJI has been added as collateral in GHOST! Users can borrow $KUJI from GHOST to short or deposit $KUJI as collateral and borrow USK. Here's a sneaky strategy to keep stacking $KUJI:
The other 75% is up to your strategy! Consider using a @CALC_Finance DCA buy strategy to buy $KUJI over time. Just remember to maintain your position (GHOST has a 50% maxLTV) or other ORCA users may buy your $KUJI at a discount! ππ
10/ π§ Understanding ORCA GHOST Markets π§
Now that you know the sneaky strategy, you should understand how ORCA GHOST markets work, how liquidations occur, and which markets to look for. This is how Kujira tools align and create a flywheel effect together! ππ‘ Great thread
We invite all fellow chains and their users to bridge assets to Kujira and experience the power of ORCA! Let's revolutionize the DeFi landscape together! ππ
12/ π£ Calling All Collateral Tokens & Communities! π£
Come mint some USK and benefit from USK arbitrage opportunities as it is in hot demand! π΅π₯
Bring your $ATOM, $wBNB, $DOT, $wETH, $LUNA, $stOSMO, and $gPAXG to the Kujira ecosystem! ππ°
13/ π Let's Promote ORCA π
Help us spread the word about #ORCA powerful features and capabilities! Share this thread and tag @TeamKujira to show your support for the Kujira ecosystem and #ORCA bids! ππ
Together, we can make ORCA the go-to guardian of the DeFi world! π‘οΈπ
π‘ If This Was Useful, Share & Retweet! π‘
We hope this thread was informative and engaging! If you found it helpful, please share and retweet to help spread the word about ORCA and the Kujira ecosystem! ππ
Let's grow our community together! π€πͺ
π Conclusion π
ORCA is an essential component of the Kujira ecosystem, offering a range of features and mechanisms designed to protect and maintain the platform's stability. As the guardian of the ecosystem, ORCA helps ensure a secure and innovative DeFi experience for users.
I will share more detailed strategies in the coming weeks on all $Kujira strategies and how you can put your assets to work.
1. Native support for biometric access using Apple's security features ππ 2. Option to always require biometrics or a PIN π 3. Customize profile icon with your own image or NFT avatar πΌοΈπ 4. View featured tokens & balances in the wallet πͺ
3/ π Fun Features of SONAR (cont.) π
1. Native swapping with any pairs on FIN ππ± 2. Access Kujira apps under the Launch tab ππ± 3. Stake $KUJI to your favorite validators & monitor your stake ππ₯ 4. Connect SONAR wallet to websites using the SONAR icon ππ
π» Discover the Power of #GHOST: Kujira's Money Market π»
In this comprehensive thread, we'll explore the exciting world of GHOST, Kujira's innovative money market platform. Learn how GHOST enables lending, borrowing, and earning interest, and understand the key features.
Unlock the full potential of your assets with lending, borrowing, and earning interest on the GHOST platform. Dive into the depths of the Kujira seas and experience a world of opportunities! Follow @TeamKujira for more updates.
In the tranquil depths of the Kujira seas, the GHOST, a powerful and mystical entity, to mobilize assets and put them to work. Serving as guiding force behind Kujira's money market, where lending, borrowing, and earning interest are harmoniously balanced.