SOARTY + xORCA: Yield vs Trade
It's a new dawn for SOARTY. We're shifting our liquidity focus to better suit what we are as a project.
Why the move?
To date the focus in crypto has always been trading fees. The way to generate revenue was to incentivise people to trade more tokens more often.
But that actually is the opposite to how most crypto users operate. Most crypto user buy and hold.
- Bitcoin is the most successful cryptocurrency to date off the back of the "digital gold" narrative (i.e., buy and hold)
- Most POS blockchains sit at very high staking rate. Often over 90% of the native token is staked. Solana, the home to the largest trading volumes of any chain, has a staking rate that sits around 60%.
- ORE has been a huge success on Solana and it's whole premise is mine/buy ORE > stake ORE. Not trade ORE
So why do we still have liquidity products that ONLY talk about trading fees?
LPs and tokens with yield
An LP is a trading position (Meteora provides some of the best resources in the space to understand LPs, https://www.meteora.ag/starter).
However an LP is also two tokens.
What if instead of one of those tokens being a stablecoin (e.g., USDT) or SOL, it was a token that carried yeild?
On Solana we have a number of tokens that slowly appreciate in value over time. Below are a couple of well know examples
- INF (LST from Sanctum): https://learn.sanctum.so/docs/technical-documentation/infinity-non-technical
- JLP: https://support.jup.ag/hc/en-us/sections/18430416902812-Jupiter-Liquidity-Provider-JLP
If you hold one of these tokens in an LP, over time, the value of those tokens will increase in value and naturally increase your total LP holding
IMPORTANT NOTE: This is high dependant on price of course. For example: you have a USDS - INF LP and even though INF increases in value 15% over the course of a year, INF (which is staked SOL) decreases by 30% over the same year meaning you have less total value. However you'll have more value in your LP than if you'd had SOL instead of INF.
Yield bearing tokens have less trade volume than tokens like SOL or pyUSD. Pairing with them is not optimal if you are wanting to create highly efficient LPs for large trading volumes.
But what if you don't have much trading volume AND you don't care about trading fees?
Low trading volume LPs with in-built yield
By pairing your token with a token that sees yield rolled back into the token you can create LPs that have a naturally occuring yield in them. No trading required.
SOARTY & xORCA
We've paired SOARTY with xORCA.
xORCA is Orca's liquid staking mechanism built on Solana, where you receive xORCA tokens in exchange for staking your ORCA. It works similarly to liquid staking tokens (LSTs) like jupSOL, jitoSOL etc...
xORCA appreciates in value through a straightforward mechanism: Orca allocates 20% of its protocol fees to continuously buy ORCA on the open market, depositing those purchased tokens directly into the staking vault. As more ORCA accumulates in the vault, each xORCA token becomes backed by a greater amount of ORCA, causing the xORCA↔ORCA exchange rate to rise over time. This means xORCA holders don't receive periodic reward payments — instead, their tokens simply become redeemable for progressively more ORCA as the vault grows.
Find out more from
We've now officially moved our liquidity into xORCA LPs on Raydium, Meteora and Orca.
SOARTY - xORCA | Orca
SOARTY - xORCA | Meteora
SOARTY pools | Raydium
There's Farm Rewards on both Raydium and Meteroa.
NOTE: You can always find the latest links on sociallyartful | Linktree
Why xORCA?
We have some projects coming up that will all use Orca's creator tools. We wanted to align SOARTY with Orca and our long term focus. xORCA just made sense in both regards.
If you're interested in what's next then the following links will help you get an idea
Orca for Token Creators - Orca Documentation
What is Wavebreak - Orca Documentation
