Kalmar Leveraged Yield Farming Platform reinvests the farmers returns

Kalmar Leveraged Yield Farming Platform reinvests the farmers returns

BNB token lenders, yield farmers, and liquidity providers, are the first of Kalmar’s existing products that is leveraged yield farming.

Receiving iBNB tokens, a tradable and interest-bearing asset that represent the BNB tokens they have banked, the BNB lenders provide the funds to be lent to yield farmers.

Increasing their returns by up to 3x, the yield farmers borrow that BNB in order to leverage the amount of BNB or the token they wish to farm. Constantly increasing the farmers’ positions, the Kalmar Leveraged Yield Farming Platform reinvests the farmers returns. Getting revenue from fees that they can increase by leveraging their positions, the liquidity providers also borrow BNB.

The second existing product is a non-fungible token fundraising platform. The gamified offering allows clients to sell NFTs that can later be resold in NFT marketplaces or redeemed for a reward of some kind. Kalmar’s design has buyers receive randomly dropped NFTs — for example, five NFTs of increasing rarity that can be bought in packs of five.

Kalmar also has an exchange aggregator in the works that will let users access liquidity on many decentralized exchanges (DEX) while getting the best available price for their assets.

Other upcoming releases include audited, stablecoin-leveraged farming pools and hosting the public sale of Kalmar’s KALM token through an NFT fundraiser, as well as airdrops.

 

Be the first to comment

Leave a Reply

Your email address will not be published.