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Welcome to Superteam
Orca CLAMM for DeFi Newbies
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Orca CLAMM for DeFi Newbies

Deadline: February 25th, 11:59pm IST

About the Bounty

Orca is the easiest place to trade crypto and build applications on Solana. On Orca, you can trade tokens lightning fast and confidently (thanks to their Fair Price Indicator). Additionally, you can provide liquidity to their concentrated liquidity pools (Whirlpools) to earn trading fees and token emissions. Orca is a Concentrated Liquidity Automated Market Maker (CLAMM, for short).

You can join the Discord here!

Orca is sponsoring a bounty for you to create a DeFi beginner-friendly, engaging Twitter thread that encourages the community to test the waters of Whirlpools - Orca’s Concentrated Liquidity AMM.

🎯
Your Mission: Dive into the world of concentrated liquidity and compile your findings into a digestible, beginner-friendly thread that covers the following:
  • The definition of a Concentrated Liquidity Automated Market Maker.
  • How to provide liquidity on Orca (How to LP on a CLAMM).
  • Differences between Central Limit Order Books (CLOBs) and CLAMMs. 🎯
  • The Pros & Cons of utilizing a CLAMM (Risk/Reward). You may write this review individually or in teams. Prizes will be split among team members.

Rewards

🥇 First Prize:

  • 500 ORCA token
  • A feature on Orca’s official social media channels reaching combined audience of 100K+.
  • Syndication in our newsletter and social media
  • You’ll be added as a Member in Superteam

🥈 Second Prize

  • 150 ORCA token
  • Mention on Orca’s official social media channels reaching combined audience of 100K+
  • Orcanaut NFT
  • You’ll be added as a contributor in Superteam

🥉 Third Prize

  • 100 ORCA token
  • Mention on Orca’s official social media channels reaching combined audience of 100K+
  • Orcanaut NFT

Please note that the rate of ORCA token versus USD is calculated as of 2023/2/7, and price may fluctuate during the bounty period

Evaluation Criteria

Depth

  • Did you explore the background of the topic?
  • Does your thread talk about the key features (i.e. CLAMM) of the project?
  • Is your thread the one-stop-resource for people to get up to speed with the topic?
  • Did you learn everything there is to know about the topic?
  • Did you take screenshots, provide a step by step guide to onboarding, and clearly articulate the value the project offers?
  • Did you join the project’s Discord and get a feel for the community?

Writing Style

  • Did you write a compelling introduction and a satisfying conclusion?
  • Is your writing easy and fun to read for DeFi beginners?
  • Did you avoid overly complex jargon?
  • Did you explain concepts in a way a person new to crypto could understand?

Submission Requirements

  • Did you write your thread in English?
  • Did you submit before the deadline?
  • Did you include links to your sources under the title “References”? If you have used external sources and no references are included, your bounty could be rejected on grounds of plagiarism.
  • Kindly test your submission for plagiarism. If the submission contains more than 15% plagiarized content, your submission will be rejected. Regular offenders can also be disqualified from participating in the bounty program going forward.
  • Bonus: We generally recommend tweeting out your work (tag us at @superteamdao and @orca_so) so that we can further share the best entries, and its easier for partner projects to discover you too!

Based on guidance from counsel, Persons from the following geographic territories are not eligible to participate: Crimea region of Ukraine; Cuba; Iran; North Korea; Russia; and Syria

🏆
Check out previous bounty winners to get a sense of the quality we expect.

Resources

Participation in this bounty is entirely voluntary. Bounties are a way to learn and dabble in opportunities to build in web3. These are neither full time jobs nor project based engagement. Please be advised that the sponsors will not have time for individualized feedback due to the number of entries we receive. Please check out

.