Orca Farming on Francium is here! Get super high APR & Airdrop Bonus

7 min readSep 25, 2021

Francium has integrated Orca’s three mainstream Farming Pools: SOL/USDC, ORCA/USDC, ORCA/SOL, and will continue to integrate more mainstream Farming Pools on Orca!

Orca announced yesterday that it will double the reward for mining (Yield Farming). The increase in price and rewards provides high mining revenue.

In order to let all of you enjoy amazingly high yield, Francium has launched Orca Pools on our platform. Experience the new wave of farming rewards brought about by this strategic partnership!

To help everybody maximize their benefits, and minimize price risks. This guide adds the position setting and hedging analysis section. We’ll help everyone choose leverage strategies based on their judgments on the price trend of tokens.

The Tutorial of Farming Orca Pool on Francium

Log in to the Francium app

Visit the Francium website and connect your wallet: https://francium.io/app/

Lending Tutorial

First, click “Lending Pool” on the homepage of Francium website to find ORCA pool, and then click the “Deposit” button.

Next, enter the amount of ORCA you want to deposit, e.g. “100”, then click “Deposit” and click “Approve” when the wallet appears. Wait a few seconds and you will be prompted with a successful transaction window (If you do not currently have ORCA in your wallet, you can trade it at https://www.orca.so/).

After a successful transaction, you can view changes to your ORCA lending position at any time under “Your Positions” on the Lending Pool page.

Leveraged Yield Farming Tutorial

The first step is to click the “Farm” button on the homepage of Francium website, and some farming pools will appear after the page is scrolled down.

Next, you can select “ORCA-USDC” or “ORCA-SOL” and then click “Farm”.

Take “ORCA-USDC” as an example, after clicking on Farm, you can make various choices.

If your principal is only USDC, you can choose to offer only USDC, such as “10”; if you only have ORCA, you can choose to offer only ORCA, such as “0.1”; if you have both USDC and ORCA, you can offer both together.

You can freely choose the leverage, and then decide whether to borrow USDC or ORCA according to the market.

The above choices can be found in the “Position Selection Strategy” mentioned later on.

Another feature of Francium is the choice to set the Stop-Loss rate.

In the first screenshot above, for example, the principal amount of 10 USDC is provided, and after setting 3x, the Stop-Loss feature is enabled and can be set freely between 10% and 80%.

The LP requires two assets of equal valuation. Therefore, if the value of one asset is greater than the other, Francium will automatically swap a portion of the first asset for the second, forming the LP. So, the final total asset in the picture below is 15 USDC + 1.01 ORCA.

Click on the “Farm” button to complete your trade, and then you can see the changes to your position.

`Advanced Position Selection Strategy`

If you are a long-term holder of ORCA, you can pledge ORCA to the Francium lending pool. At present, the utilization rate of ORCA lending pool continues to be high and the benefits are considerable.

Users who are optimistic about the price increase of ORCA: You can choose ORCA-USD or ORCA-sol pool, borrow USDC or SOL to mine. If the principal provided is SOL or USDC, the leverage ratio is greater than 1 (not including 1x) if the principal is ORCA, the leverage ratio is greater than 2x (not including 2x), you can obtain the high returns of leveraged mining while also having a certain amount of ORCA to have a long position (This part of the position will also lose when the orca drops, pay attention to control the risk).

Users who assume that the price fluctuation of orca will not affect the value of the position can use SOL or USDC as the principal set a 2x leverage, and choose to borrow ORCA to mine. There is no long or short ORCA exposure for this position setting (The gratuitous loss still exists).

Users who expect the price of ORCA to decline: use SOL or USDC as principal, set leverage of 2x or more (not including 2x), and borrow orca. Within a certain range of price fluctuation, the value of LP will increase when the price drops (Pay attention to the risk of price fluctuations).

High Yield Carnival Stack: Francium Airdrop Bonus

In order to let everyone better enjoy the high yield opportunity, Francium will randomly select 10 users from September 24, 2021, to October 01, 2021, who participated in Orca Lending Pool and leveraged farming, and each user will be given the additional bonus of “100 USDC cash + Airdrop/Whitelist Qualification”. (The 100 USDC bonus will be distributed immediately after the event, and the airdrop/whitelist qualification will be distributed before the TGE.)

The specific rules are as follows:

Participating in the single token deposit of Orca or USDC in the Lending Pool, or any of the three Orca Pools (SOL/USDC, ORCA/USDC, ORCA/SOL)
Minimum participation capital: 100U equivalent assets with deposited time of 3 days or more.

Introduction to Francium Protocol

Francium Protocol is a DeFi strategy platform that brings multiple yield opportunities to its users. The platform has been launched in beta on Solana mainnet.

Francium received a joint Grant from Serum and Solana, and in 2021 Solana Hackathon, Francium won the second place in Asia and other important awards.

Official Website：https://francium.io/

Introduction to Orca Protocol

Orca is a user-friendly DEX platform on Solana blockchain. The platform prompts users to trade by comparing the current trading price to the spread on CoinGecko and whether or not the slippage meets the user’s requirements.

Recently, Solana Eco DEX Orca completed an $18 million Series A funding through a token sale with the participation of Three Arrows Capital, Polychain Capital, Placeholder and others.

Official Website: www.orca.so

Appendix: Wallet Tutorial

Francium protocol is an innovative leveraged yield aggregator with diverse community strategies built on Solana. Visit Francium website: https://francium.io/app/

Prepare a Crypto Wallet for Solana

Before you start your adventure on the fastest blockchain alive, prepare a wallet, and transfer your asset to the wallet. This wallet will be used for farming and lending on Francium Application.

We recommend you to use any one of these wallets (Solet, Phantom, and Coin 98 Wallet). Visit one of the following websites to create your own wallet.

Phantom: https://phantom.app/

For Phantom users add your wallet to browser’s extension.

1. Provide the e-mail address that you want to link to your wallet.

2. Set your password.

3. Save the twelve “Seed words” provided by Phantom for wallet’s security.

4. Go back to https://francium.io/ and click connect.

The word “CONNECT” will be replaced by a “wallet number”, indicating you’re all set.

Solana Wallet: https://www.sollet.io/

1. Click “DEVNET” and select the above-mentioned link.

2. Provide your e-mail address and the password you want to set for the wallet safety.

3. The website will provide you with twenty-four “Seed Phrase”. Save them for future verification of your account(wallet).

4. Click “connect wallet” option.

Coin98: https://wallet.coin98.com/

Click connect wallet and add it to browser extension, follow the recommended steps.

Now, as the wallet has been created and connected to https://francium.io/app/. You can participate as Lender, Yield farmer, and Liquidator to earn profits.