You can now loop @Orca_so liquidity positions on Loopscale, starting with USDT-USDC and cbBTC-zBTC LPs. New Vaults curated and funded by Orca are also live, providing dedicated liquidity for borrowing off Orca LP and xStock collateral. Here's how these Loops and Vaults work↓
Loopscale's Loops allow one-click leverage for any supported yield-bearing asset. Consider the cbBTC-zBTC (0.01%) LP on Orca. Its current APY is ~5.6%. Looped up to 10x on Loopscale, its APY can now currently reach a maximum of 46.98%.
Two new Vaults curated and funded by @Orca_so provide liquidity for borrowers using Orca LPs and xStocks as collateral. As the first Sponsored Vaults, these offer competitive borrowing rates that help xStock and LP collateral holders unlock greater value from their assets.
At @Solana Accelerate, we introduced Sponsored Vaults: a new credit primitive to supercharge DeFi ecosystem growth. Sponsored Vaults let any protocol, DAO, or institution fund lending markets for any asset, with full control over who borrows and on what terms.
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