Phase 1 -> 5M USDK
Phase 1 – Real Yield (Max Cap $5M, Expected Protocol Revenue 365 Days)
1. Borrow Revenue Allocation
Total Borrowed
$5,000,000
Avg. IR (weighted)
~8%
Gross Borrow Revenue
$408,000
→ Stability Pools (75%)
$306,000
→ $102,000 POL (25%)
= $102,000 in $ORKI incentives distributed to LPs + TGE incentives
2. Stability Pools (TVL = $200k)
$306k distributed into Stability Pools with $200k TVL total.
wETH
$200 000
45%
swETH
$200 000
30%
rswETH
$200 000
30%
SWELL
$200 000
18%
weETH
$200 000
45%
✅ With only $200k in Stability Pools but $306k allocated → Above average yield without external incentives accounted. This creates a strong incentive for users to add capital into Stability Pools to earn yield and buy liquidations at discount (5%).
3. POL vs Incetives for a $2M TVL
$102k allocated to LP incentives across $2M TVL.
eg; Liquidity
LP TVL
Annual Revenue Share
Real Yield APR
$2,000,000
$102,000
5.1% APR
Deploy POL into Stability Pools and strategic protocol strategies.
Generate >5% real yield while strengthening protocol resilience.
At $2M treasury in POL, the protocol can execute buybacks of $ORKI and redistribute rewards, reinforcing token value accrual.
Key Advantage of POL + PIL:
$102k $ORKI allocated to LP incentives across $2M TVL.
Incentives are designed to bootstrap liquidity while POL enhances sustainability.
$102k $USDK allocated to POL in parallel bounding revenue with token incentives
Compared to direct incentoves, if the POL holds $2M in treasury, that capital can be deployed into Stability Pools and other protocol-native strategies to generate yields above 5%.
👉 Why it matters:
The yield from POL can be used to buy back $ORKI.
Those $ORKI tokens are then redistributed as rewards, keeping community APY above 5%.
This creates a flywheel: POL → yield → buybacks → redistribution → stronger $ORKI demand.
It’s like turning the treasury into a self-feeding engine: the more POL we hold, the more rewards and demand we can sustain for $ORKI.
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