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novedades

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Doramnys Coquiz
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Bullish
Holding $ORCA 2.3 USDT
📰 UPDATES FROM $ORCA ORCA merges with Loopscale to form Formation 🐋 On October 7, Orca (the Solana DEX) announced its merger with Loopscale, a fixed-rate lending protocol, creating a new company called Formation — an “American DeFi company” based in New York. What changes for holders? - ✅ ORCA remains the token for the entire ecosystem — Loopscale will not launch its own token - ✅ Your positions are unchanged — there’s nothing to withdraw, migrate, or sign. - ⚠️ Tokenholder vote from October 11–16: the proposal allocates 80% of fees to development, 10% to ORCA buybacks, and 10% to a team buyback wallet - ⚠️ Loopscale points will be converted to ORCA “later in 2026” — this could create selling pressure The legal side: no issues with the SEC. In fact, Formation plans to operate under the “innovation exemption” and seek licenses for a tokenized securities venue in the U.S. 🇺🇸 My take*: the merger is bullish in the long term, but the October 11–16 vote and the points conversion are the two events to watch. 🛡️ #orca #Solana⁩ #novedades
📰 UPDATES FROM $ORCA

ORCA merges with Loopscale to form Formation 🐋

On October 7, Orca (the Solana DEX) announced its merger with Loopscale, a fixed-rate lending protocol, creating a new company called Formation — an “American DeFi company” based in New York.

What changes for holders?

- ✅ ORCA remains the token for the entire ecosystem — Loopscale will not launch its own token

- ✅ Your positions are unchanged — there’s nothing to withdraw, migrate, or sign.

- ⚠️ Tokenholder vote from October 11–16: the proposal allocates 80% of fees to development, 10% to ORCA buybacks, and 10% to a team buyback wallet

- ⚠️ Loopscale points will be converted to ORCA “later in 2026” — this could create selling pressure

The legal side: no issues with the SEC. In fact, Formation plans to operate under the “innovation exemption” and seek licenses for a tokenized securities venue in the U.S. 🇺🇸

My take*: the merger is bullish in the long term, but the October 11–16 vote and the points conversion are the two events to watch. 🛡️

#orca #Solana⁩ #novedades
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