loopscale

Orca and Loopscale have announced a merger into Formation

#Orca and #Loopscale have merged into #Formation , a New York City-based company led by Loopscale co-founder Luke Truitt as CEO, with Mary Gooneratne as COO and Christopher Montagano as Chief Strategy & Legal Officer. Formation combines Orca’s trading and liquidity infrastructure with Loopscale’s credit and vault infrastructure. Built on both protocols, it provides issuers with a unified path from issuance to scale and allocators with a single platform to access assets and related strategies.

The merger will not affect how users access or interact with Orca or Loopscale. Both applications will continue operating as usual, with existing positions, loans, and vault deposits remaining unaffected.

👉 x.com/formation_so/status/2107965006578921623

It is the #humafinance main PayFi network of Solana. Connect real-world payment flows, cross-border payments, trade finance, card settlement, etc., with on-chain USDC liquidity.

- Historical real yield: ~8-10.5% APY
- Over $15B processed
- Can be used as collateral on Kamino, swap on Jupiter, etc.

Now it has been integrated with #Loopscale , a credit markets protocol based on order books on Solana. They’ve just launched Loop Vaults in its Earn section.

This is a great collaboration, because now you can deposit once into the PST Loop Vault. The vault automatically maximizes yield by looping your PST between:

Loopscale
Kamino
Jupiter Lend

All passive, without you having to manage anything. It’s a much easier and more optimized way to access Huma’s real yield, which is backed by real-world payments.

Aren’t you in Huma yet? Jump in

https://app.huma.finance/?ref=NrGnkr

🚨 Exclusive news: Solana-based platform Orca announces its merger with Loopscale to finance the AI, robotics, and defense sectors!
In an unprecedented strategic move, decentralized trading platform Orca aims to expand its financial services and liquidity through this merger to include financing for the latest emerging technologies and advanced sectors.
📈 Valuation and expected impact on the $ORCA token:
Expansion into high-growth sectors: Connecting the Orca protocol with the AI and defense sectors opens new opportunities to attract liquidity and investment institutions to the network.
Increased utility value of the token: The merger boosts trading volume and total value locked (TVL) on the platform, positively affecting the market value of the $ORCA token.
Long-term positive momentum: This agreement reinforces Orca’s position as one of the key drivers of decentralized finance (DeFi) on the Solana network and gives the token strong investment potential over the medium and long term.
#ORCA #Loopscale #TopGainers #AI #CryptoNews $ORCA