Another day, another farm to explore @swellnetworkio is playing host to @OrkiFi stable coin $USDK They're pre-TGE so you can farm points and tons of looping strategy to accure more yields. tldr 🔹 What is orki finance? Orki is a permissionless credit protocol home to native stablecoin $USDK of the Swellchain. Orki is in partnership with @VelodromeFi , @ether_fi @eulerfinance, @redstonexyz, @liquityprotocol to establish itself as a leading stablecoin in the industry. If you don't know the yield, you are the yield 🔹Where is yields from? - Staked $ETH on Swellchain earns ~6% annually. 🔁 Farming Strategy - Deposit staked ETH (swETH/rswETH) - Continue earning ~6% staking rewards - Borrow $USDK at rates YOU set (5-15%) - Deploy $USDK to other protocols for additional yield 🔹 Case study: 5 ETH staked as swETH (~$12k) Continues earning ~$750/year in staking rewards Mint $6.2 USDK (50% LTV, go less tho) You can deploy to Stability Pools earning interest + liquidation discounts Earn Orki Drops with every day in the system. 🔹 Incentive Program Detail Orki Drops = (Amount of $USDK) × Activity Multiplier × Days Held Activity multipliers: Borrowing: Base multiplier Stability Pools: Enhanced multiplier Liquidity provision: Highest multiplier so that means.. your drops convert to $ORKI tokens at TGE: 25% available immediately 75% vests over three months to help price action.
Orki just surfaced on Swellchain! 🐋 Celebrate the launch: 1️⃣ Mint $USDK with LRTs and still earn restaking yield 2️⃣ Get a share of $30K (~3M $SWELL) for holding $USDK 3️⃣ Collect Drops for $ORKI TGE – early users earn more ⬇️🔗
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