Kamino

What is Kamino?

Kamino is a leading lending and borrowing protocol on Solana that allows users to supply assets as collateral and borrow against them. With Flash Trade's FLP token integration, you can now put your FLP holdings to work by using them as collateral to access liquidity without selling your position.

Key Features

  • Collateral-Based Lending - Supply FLP tokens to borrow other assets

  • Maintain FLP Exposure - Keep earning Flash Trade fees while borrowing

  • Flexible Borrowing - Access liquidity for trading or other DeFi strategies

  • Competitive Rates - Borrow at market-driven interest rates


Why Use FLP on Kamino?

Benefits of FLP as Collateral

Dual Earning Potential

  • Continue earning Flash Trade's 70% fee share on your FLP

  • Access borrowed capital for additional opportunities

Capital Efficiency

  • Use FLP as collateral without selling your position

  • Maintain exposure to Flash Trade's ecosystem growth

Liquidity Access

  • Borrow stablecoins or other assets against FLP

  • Use borrowed funds for trading, LP provision, or other strategies

Portfolio Flexibility

  • Leverage your existing FLP holdings

  • Create more sophisticated DeFi strategies


Prerequisites

Before using FLP on Kamino:

  • Hold FLP tokens from Flash Trade

  • Have a Solana wallet (Phantom, Solflare, etc.)

  • Maintain sufficient SOL for transaction fees

  • Understand borrowing and liquidation risks


Getting FLP Tokens

If you don't already have FLP, here's how to acquire it:

1

Method 1: Quick Buy on Flash Trade

  1. Navigate to flash.trade

  2. Go to the Earn page

  3. Use the quick buy feature

  4. Enter the amount you want to purchase

  5. Confirm the transaction in your wallet

2

Method 2: Detailed Purchase

  1. From the Earn page, click through to the pool details

  2. Review the FLP.1 pool information:

    • Current APY

    • Pool composition (BTC, ETH, SOL, USDC, JitoSOL)

    • Total Value Locked

  3. Click Add Liquidity

  4. Choose which token to deposit

  5. Confirm to receive FLP.1 tokens

3

Buy On the Open Market

  1. Find out favorite swap DEX or Aggregator

  2. Search for FLP or FLP.1 select the correct token

  3. Varify you are buying FLP.1 with the correct address

  4. Swap for FLP.1 with whatever asset you have in your wallet that you are wanting to us.

  5. Confirm to receive FLP.1 tokens


Supplying FLP on Kamino

1

Step 1: Access Kamino

  1. Navigate to Kamino Finance

  2. Connect your Solana wallet

  3. Go to the Borrow tab

2

Step 2: Find FLP Markets

  1. Use the search bar

  2. Type "FLP" to filter available markets

  3. Select the FLP supply option

3

Step 3: Supply FLP as Collateral

  1. Click Supply on the FLP market

  2. Enter the amount of FLP you want to supply

  3. Review the transaction details:

    • Supply amount

    • Estimated collateral value

    • Available borrowing power

  4. Confirm the transaction in your wallet

Important


Borrowing Against FLP

Understanding Borrowing Power

When you supply FLP as collateral, Kamino calculates your borrowing power based on:

  • Loan-to-Value (LTV) Ratio - Maximum percentage you can borrow

  • FLP Market Value - Current value of your supplied FLP

  • Liquidation Threshold - Point at which your position may be liquidated

Step 1: Select Asset to Borrow

  1. From the Borrow tab, browse available assets:

    • USDC (stablecoin)

    • SOL

    • Other supported tokens

  2. Click on your desired asset

Step 2: Configure Your Borrow

  1. Enter the amount you want to borrow

  2. Review key metrics:

    • Borrow APY - Interest rate you'll pay

    • Health Factor - Position safety indicator

    • Liquidation Price - Price level that triggers liquidation

  3. Ensure your health factor stays comfortably above 1.0

Step 3: Execute Borrow

  1. Click Borrow

  2. Review the transaction summary

  3. Confirm in your wallet

  4. Borrowed assets appear in your wallet immediately


Ecosystem Synergies

Flash Trade + Kamino Strategy

Maximize Capital Efficiency:

  1. Supply FLP on Kamino as collateral

  2. Continue earning Flash Trade's 70% fee share

  3. Borrow stablecoins against FLP

  4. Deploy borrowed capital in additional opportunities

  5. Repay loan while maintaining FLP position


Important Disclaimers


Additional Resources

For questions about FLP tokens, visit the Flash Trade community. For Kamino-specific questions, visit their support channels.

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