Leveraged Yield Farming Guides — How to lend/borrow and farm KALM

Learn how to use our leveraged yield farming product in just a few steps.

Leveraged Yield Farming Guides — How to lend/borrow and farm KALM

At Kalmar, we give users the option of using our leveraged yield farming products with BNB, BUSD or both. Here's a guide to how to use the product alongside the bank product on our platforms.

Table of contents

  • How to lend BNB or BUSD
  • How to farm KALM as a lender
  • How to yield farm with leverage
  • How to farm KALM as a borrower
  • How to claim KALM rewards as a lender
  • How to claim KALM rewards as a borrower

How to lend BNB or BUSD

First, we'll answer a few questions.

How does a user become a lender and what are iBNB and iBUSD?

When a lender provides BNB or BUSD to the bank, they receive the corresponding amount of iBNB or iBUSD tokens. These tokens represent their shares of BNB or BUSD in our bank product which is also an interest-bearing asset.

What are the advantages of becoming a BNB or BUSD lender?

By providing BNB or BUSD to the bank (which is lent to yield farmers), the user is paid interest by BNB or BUSD borrowers in proportion to the amount they lent.


How to lend BNB or BUSD

Next, we'll illustrate how users can lend BNB or BUSD to the bank.

Step 1. Navigate to the "Lend and earn" tab on leverage.kalmar.io

Step 2. Select the asset you want to lend/provide to the bank.

Step 3. Input your desired amount.

Step 4. Click on "Convert" and confirm the transaction within your wallet.

Step 5. All done! You are now an asset lender on Kalmar!


How to farm KALM as a lender

If you are lending BNB or BUSD you would want to put your iBNB or iBUSD tokens to work!

By staking them, you can earn KALM rewards on top of the profits you are getting from the interest in providing assets to the bank!

Here's how to stake your iBNB/iBUSD.

Step 1. Navigate to the "Stake" tab on leverage.kalmar.io

Step 2. Input the amount and stake your iBNB and/or iBUSD in the "Lender Staking" tab.

Step 3. You're done! You are now farming KALM with your iBNB and/or iBUSD.


How to yield farm on leverage

We'll begin this by answering a few questions again.

Why would a user borrow BNB or BUSD from the bank?

By borrowing BNB or BUSD from the bank, yield farmers on Kalmar are able to increase the size of their farm positions up to 6 times. This, in turn, also increases their yield farming risk and returns by the same amount.

What does a user have to provide in order to borrow assets from the bank?

Any user who starts a leveraged yield farm on Kalmar's platform qualifies to borrow assets from the bank (via the leverage option)

How does a user start a yield farm on Kalmar?

Users have the options of which tokens they would like to provide to the leveraged yield farms on Kalmar - according to the token pair of their choice. Users will be required to provide one or both of the tokens in a token pair to be able to start farming.

For example, a user would like to start a farm of USDC/BUSD with $100 of value. The user has the options to provide the following to start the farm:

Option 1: $100 worth of USDC
Option 2: $100 worth of BUSD
Option 3: $100 worth of a mix of both USDC and BUSD tokens - not necessarily in a 50/50 manner.

TL;DR: If you are yield farming with a leverage of x1.5 or more on Kalmar, you are a borrower.

Here's how to start a farm on Kalmar.

Step 1. Navigate to the "Farm Pools" tab on leverage.kalmar.io

Step 2. Select the type of assets you want to yield farm with.

Step 3. Select a pair of your liking.

Step 4. Input the amount of BUSD, USDC and/or the token you want to provide.

Step 5. Select a leverage level of your preference.

Step 6. Click on "Farm" and confirm the transaction within your wallet.

Step 7. You're done! You're now yield farming with leverage.

What else does Kalmar's Leveraged Yield Farming platform do for the borrowers?

Along with borrowing BNB or BUSD from the bank based on the amount of leverage the user picked, the smart contract also reinvests the returns received from the yield farming process hourly, therefore constantly increasing the position of the yield farmer.


How to farm KALM as a borrower

Borrowers are able to gain KALM rewards (farm KALM) as well.

The only requirement to qualify for KALM rewards is to have a yield farm (an open position) on Kalmar with at least x1.5 leverage.

Do note: x1 leveraged farms will not qualify for any KALM rewards.


In the following section - we will cover how to claim your KALM rewards if you are a lender or borrower in Kalmar as well as the KALM rewards vesting period.

How to claim KALM rewards as a lender

Step 1. Navigate to the "Stake" tab on leverage.kalmar.io

Step 2. Navigate to the specific tab where you have staked your iBNB or iBUSD and click "Vest KALM".

Step 3. You have now vested your KALM! Your vesting KALM will appear on the tab to the right.

Now, you have two options:

  • Click on "Claim available with 50% burn" to get your KALM instantly.
  • Wait until the release day available (displayed in the tab) to claim 100% of your rewards.

How to claim KALM rewards as a borrower

Note: Borrower rewards are updated every Monday.

Step 1. Navigate to the "Stake" tab on leverage.kalmar.io

Step 2. Select the "Borrower Rewards" tab.

Step 3. Click "Vest" on the rewards you wish to claim.

Step 4. You have now vested your KALM! Your vesting KALM will appear on the tab to the right.

Like the lenders, you now have the same two options:

  • Click on "Claim available with 50% burn" to get your KALM instantly.
  • Wait until the release day available (displayed in the tab) to claim 100% of your rewards.

Final note

The Kalmar team will be updating info regularly so that users always stay updated with the current happenings and products on the platform. Do make sure you know the risks and benefits of leveraged yield farming when you invest!


To make sure you're notified about every update, join our Telegram group and follow us on Twitter.

To learn more about Kalmar, read our documents and blog sections.