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Orca is a cryptocurrency trading platform based on the Solana blockchain, designed to provide a fast, affordable, and secure trading experience. Here are some key details about Orca:
Trading Method: Orca uses an automated market maker (AMM) trading model, where users trade with token pools instead of directly with other users.
Features: Orca offers fast trading speeds, low fees, and leverages the advantages of the Solana blockchain, including 50,000 transactions per second and block times of 400ms.
Security: Orca's smart contracts are based on the Solana Foundation's token exchange program and have undergone an audit by the cryptography security company Kudelski to reduce security risks.
Functionality: Orca provides various functions, including instant swaps, liquidity pool viewing, token staking, etc. Users can provide liquidity to earn trading fees.
Governance Token: Orca has issued its own governance token ORCA for community governance and decision-making. The initial circulating supply of ORCA is 5.25 million, with a total supply of 100 million tokens.
Community-Oriented: Orca is a community-oriented exchange platform dedicated to making cryptocurrency trading on its platform as simple and intuitive as possible.
Risk Warning: Orca strongly advises users to understand trading risks, including smart contracts.Vulnerabilities and potential risks of uncompensated loss.