📢 New utility for your hubSOL-SOL LP position

You can now use your LP token from Orca as collateral on LoopScale with up to 90% LTV.
As part of this strategy, 10 $hubSOL will be distributed to early participants.

How it works:
1. Add liquidity to the hubSOL-SOL pool on Orca
2. Receive an NFT representing your LP position
3. Use it on Loopscale to borrow against your position
4. Earn rewards & enjoy liquid new capital while maintaining exposure to your LP position

Links in the first comment 👇


Here's the translated content:

Borrow SOL at low rates (3%) when using Orca hubSOL-SOL LP positions as collateral, in collaboration with @SolanaHubApp🎯

• SOL borrowers lock in fixed, below-market rates off their @orca_so hubSOL-SOL LP.
• SOL Genesis Vault depositors earn 9.2% including a hubSOL boost.

Unlike pool-based protocols that price rates based on utilization and are limited to major assets, Loopscale's order book model enables lending for broader asset classes, like LPs, with collateral-specific rates.