tokenomics

Tokenomics

ORCA is the platform's utility and governance token, holding the token unlocks a variety of benefits.

Token Information

The ORCA token is currently available to own via a sacrifice phase (similar to a presale)

Staked ORCA receives three types of rewards:

• Escrowed ORCA

• Multiplier Points

• PULSE / ETH / AVAX Rewards​

Floor Price Fund

The ORCA coin has a floor price fund in ETH and LPC. It grows in two ways:

• ORCCA/ETH & ORCCA/PULSE liquidity is provided and owned by the protocol, the fees from this trading pair will be converted to LPC and deposited into the floor price fund

The current floor price fund is viewable on the Dashboard The floor price fund helps to ensure liquidity in LPC and provide a reliable stream of ETH & PULSE rewards for all staked ORCA.As the floor price fund grows, it can also be used to buyback and burn ORCA if the (Floor Price Fund) / (Total Supply of ORCA) is less than the market price, this would lead to a minimum price for ORCA in terms of ETH or PULSER and LPC.The current floor price fund is held in multiple contracts, these will be gradually consolidated into a single contract:

Supply

The supply of ORCA can be viewed on the Dashboard The increase in circulating supply will vary depending on the number of tokens that get vested, and the amount of tokens used for marketing / partnerships. The forecasted max supply is 13.25 million ORCA tokens. Minting beyond the max supply of 13.25 million is controlled by a 28 day timeclock. This option will only be used if more products are launched and liquidity mining is required, a governance vote will be conducted before any changes.

• 6 million ORCA from the XVIX and Gambit migration.

• 2 million ORCA paired with ETH for liquidity on Uniswap.

• 2 million ORCA reserved for vesting from Escrowed rewards.

• 2 million ORCA tokens to be managed by the floor price fund.

• 1 million ORCA tokens reserved for marketing, partnerships and community developers.

• 250,000 ORCA tokens distributed to contributors linearly over 2 years.

GMX liquidity on Uniswap is gradually added as the price of GMX increases, the Uniswap liquidity pool is at Liquidity is owned by the protocol and stored under the same multi signers as the XVIX and Gambit migration. Multi-sig contracts:​

Bridging

ORCA tokens can be bridged between Ethereum and Arbitrum, but you should not use this unless absolutely necessary. All features are on Arbitrum so there should be no strong reason to bridge tokens. If you bridge tokens from Arbitrum to Ethereum there will be a 7 day waiting period during which you will not have access to your tokens.Instructions to bridge: