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Kalmy
Question
Inferno
@pkr51fish · Nov 15, 2023, 10:46
Is KALM's service Lending?
What are similar services?
What are similar services?
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Comments (1)
Glintzy
@uig19fish · Nov 16, 2023, 11:11
In essence, it is the BNB chain's equivalent of Ethereum's AlphaHomora.
At its core, the protocol will offer a leveraged yield farming service.
What is Leveraged Yield Farming?
It's an investment strategy designed to maximize profits by borrowing tokens and investing them into a larger pool of funds.
To facilitate this leveraged yield farming service, users must possess tokens to lend,
which are then borrowed by other users.
There is also a secondary service, which operates by generating profits through the depositing of tokens that are then lent out to users.
These services are recorded with Stablefish under the BUSD Deposit Savings Service.
At its core, the protocol will offer a leveraged yield farming service.
What is Leveraged Yield Farming?
It's an investment strategy designed to maximize profits by borrowing tokens and investing them into a larger pool of funds.
To facilitate this leveraged yield farming service, users must possess tokens to lend,
which are then borrowed by other users.
There is also a secondary service, which operates by generating profits through the depositing of tokens that are then lent out to users.
These services are recorded with Stablefish under the BUSD Deposit Savings Service.
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