Carrot

What is Carrot Boost?

Carrot Boost is a lending and leverage protocol on Solana that enables users to amplify returns on yield-bearing assets through isolated lending markets. The platform provides up to 3.4x leverage on premium tokens, allowing sophisticated users to multiply their yield exposure while maintaining flexible position management.

Key Features

Isolated Lending Markets - Each collateral type operates independently to prevent contagion

Flexible Leverage - Adjust positions dynamically up to maximum leverage limits

Real-Time Monitoring - Track health factors, liquidation prices, and performance metrics

Competitive Rates - Market-driven borrow rates with transparent fee structures


FLP's Role on Carrot Boost

FLP.1 tokens from Flash Trade serve as collateral on Carrot Boost, enabling users to leverage their liquidity provider positions. This integration creates opportunities for Flash Trade users to amplify returns through borrowed capital while continuing to earn perpetual trading fees.

Integration Benefits

Yield Amplification - Multiply FLP returns through leverage up to 3.4x

Continued Fee Generation - Maintain Flash Trade's 70% trading fee share while leveraged

Capital Efficiency - Access borrowed capital without selling FLP positions

Dual Rewards - Earn FAF while amplifying position size


Getting Started Guide

Prerequisites

Before leveraging FLP on Carrot Boost:

  • Hold FLP.1 tokens from Flash Trade

  • Connected Solana wallet (Phantom, Backpack, Solflare)

  • Sufficient SOL for transaction fees

  • Understanding of leverage mechanics and liquidation risks

Step-by-Step Implementation

Initial Setup

  1. Connect your Solana wallet

  2. Navigate to FLP.1 market

  3. Review current market conditions:

    • FLP.1 price

    • Available liquidity

    • Borrow rate

    • Max APY

Position Configuration

  1. Click "Create Position"

  2. Enter FLP.1 collateral amount

  3. Set leverage ratio (recommended 2-2.5x for first position)

  4. Review position details:

    • Liquidation price

    • Health factor (target 30%+ for safety)

    • Net APY projection

  5. Click "Confirm Deposit"

  6. Approve transaction in wallet

Ongoing Management

Daily Monitoring:

  • Check health factor status

  • Monitor FLP price movements

  • Track Flash Trade volume trends

  • Review net APY vs borrow costs

Position Adjustments:

  • Add collateral if health factor drops below 25%

  • Reduce leverage during high volatility

  • Close positions if market conditions deteriorate

  • Take profits during favorable periods


Dual Rewards System

Flash Trade incentivizes FLP.1 leverage on Carrot Boost by distributing FAF tokens directly to borrowers. These rewards appear as "Emissions APY Boost" and significantly reduce your net borrowing costs.

Emissions APY Boost

Automatic Accrual: FAF rewards accumulate automatically based on your borrowed amount and time held.

Net Borrowing Cost Calculation:
Borrow APY + FAF Reward APY = Net Borrow Cost

Direct Claims: Claim accumulated FAF rewards directly on Carrot Boost through the "Rewards" tab.

Claiming FAF Rewards

Step 1: Navigate to your position details Step 2: Click "Rewards" tab Step 3: View "Unclaimed FAF Rewards!" with accumulated amount Step 4: Click "Claim FAF" button Step 5: FAF tokens deposited directly to your wallet

Here is a link to Carrot Boost.


FLP Leverage Mechanics

How Leverage Works

When you leverage FLP.1 on Carrot Boost, you deposit FLP as collateral to borrow USDC, which the protocol uses to purchase additional FLP tokens, creating an amplified position.

The Process

  1. Deposit FLP.1 as collateral

  2. Borrow USDC against your FLP holdings

  3. Protocol converts borrowed USDC to additional FLP

  4. Enhanced yield generation from larger effective position

The Compounding Effect

  • Original FLP earns trading fees from Flash Trade

  • Borrowed funds purchase additional FLP tokens

  • Additional FLP also earns trading fees

  • Combined yield significantly exceeds base FLP returns

Current Parameters

Maximum Leverage: 3.4x for FLP.1 Borrow Rate: 14.68% APY Max Achievable APY: 78.8% Liquidation Penalty: 7%

Yield Calculation Example

With 3.4x leverage on FLP earning 35% base APY and 14.68% borrow costs:

Amplified APY = Base APY + (Leverage - 1) × (Base APY - Borrow Rate)
Amplified APY = 35% + (3.4 - 1) × (35% - 14.68%)
Amplified APY = 35% + 48.77% = 83.77%

Here is a link to the Carrot Boost platform.


Position Management

1

Access Carrot Boost

  • Navigate to boost.deficarrot.com

  • Connect your Solana wallet

  • Locate FLP.1 in available markets

2

Review Market Data

  • Current FLP.1 price

  • Available liquidity for borrowing

  • Current borrow rate

  • Maximum achievable APY

3

Create Position

  • Click "Create Position"

  • Enter FLP.1 collateral amount

  • Adjust leverage slider (1x - 3.4x)

  • Review liquidation price and health factor

4

Confirm

  • Verify position details

  • Click "Confirm Deposit"

  • Approve wallet transaction

  • Position appears in Active Positions


Important Notice


Need Help?

For additional support or questions about using Carrot Boost:

Security Reminder: Legitimate support will never ask for your private keys or recovery phrase. Only access Carrot Boost at boost.deficarrot.com to avoid phishing attempts.

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