Token Treasury

Information about the ORCA token treasury.

The Orca Treasury holds protocol funds used for development, grants, and initiatives that support Orca’s growth.

Token Details

• ORCA governance token issuance date: Aug 9, 2021

• SPL Token Address: orcaEKTdK7LKz57vaAYr9QeNsVEPfiu6QeMU1kektZE (view on Solana Explorer)

• The total supply of ORCA is 75 million.

• ORCA token initial source wallet: GjKxauMroc9MT27xXYyjLYNfy9nSS5EuHTmzhdkjCAR1.

Orca Treasury

The Orca Treasury includes the Community ORCA Treasury and the accumulating Orca Fee Treasury, which may be used by tokenholders to fund development grants or other initiatives that support the long-term health of the Orca protocol.. You can read the latest updates on the treasury in the Orca Treasury Report #7.

Orca strives for transparency and in that spirit discloses relevant wallet addresses as follows:

• Orca Fee Treasury address (held as various tokens): DWo8SNtdBDuebAEeVDf7cWBQ6DUvoDbS7K4QTrQvYS1S

• Orca Climate Fund address (held as USDC): DrhE25wu3PRGtBCtzsry6ToiGjhwBzCnYGpvv53qxh9X

• Community ORCA Treasury (ORCA tokens): GwH3Hiv5mACLX3ufTw1pFsrhSPon5tdw252DBs4Rx4PV

• Account holding undistributed Solana fees: CTgympSD3hkBhH2XYWfGCigrFh3ZHAvnxwAfm7nCbExY

Undistributed fees are collected fees (in various forms) that are yet to be converted and distributed to the appropriate treasury.

Climate Fund

As part of Orca’s commitment to making a real-world impact, a small fee is collected from trades, which goes to the Orca Climate Fund, which in turn invests in climate tech entrepreneurs for a sustainable future.

Shortly after the launch of the ORCA token, the first ever “proto-governance” vote was held to determine which of two organizations should receive the donation. The worthy recipient chosen by the Orca community was Ocean Conservancy. The first donation of $550,000 was announced in November 2022.

Orca has worked closely with Ocean Conservancy to determine which of their current initiatives will benefit the most from the additional funds.

To support a smooth donation process, funds were converted to USDC in advance of the donation. As you can imagine, communicating with potential recipients can be challenging when the proposed value of the donation is constantly fluctuating! Going forward, tokens allocated to the Climate Fund will be converted to stables on a quarterly basis. If you want to find out more about the Orca Climate Fund, or Apply to the Orca Climate Fund, please reach out at https://www.orcaclimate.fund

To learn more about the origins of the Climate Fund, check out Episode 2 of OrcaPod