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OrcaDAO is the inaugural native Stablecoin (AVAI) and Governance token (ORCA) combination that enables lending backed by crypto collateral at 0% interest, created on and for the Avalanche Network. The system focuses on generating, supporting, and keeping AVAI trading near a stable target, so the DeFi community can rely on it for a wide range of applications-such as Loans and Yield Farming-using >100% crypto collateral with a high degree of confidence.
ORCA token serves as the counterpart to the AVAI stablecoin and functions as the governance asset of OrcaDAO. ORCA is an ERC20 token designed to give holders partial ownership of the DAO. Its main role is to provide governance and ownership rights, including the ability to submit proposals and vote on actions aimed at strengthening the DAO’s overall health and long-term direction. The key reasons to hold ORCA are earning a share of distributed revenue from ecosystem fees and participating in guiding and fine-tuning the DAO to support durable, sustainable decision-making.
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