# Kamino ### What is Kamino? {% embed url="" %} 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 {% columns %} {% column %} **Dual Earning Potential** * Continue earning Flash Trade's 70% fee share on your FLP * Access borrowed capital for additional opportunities {% endcolumn %} {% column %} **Capital Efficiency** * Use FLP as collateral without selling your position * Maintain exposure to Flash Trade's ecosystem growth {% endcolumn %} {% endcolumns %} {% columns %} {% column %} **Liquidity Access** * Borrow stablecoins or other assets against FLP * Use borrowed funds for trading, LP provision, or other strategies {% endcolumn %} {% column %} **Portfolio Flexibility** * Leverage your existing FLP holdings * Create more sophisticated DeFi strategies {% endcolumn %} {% endcolumns %} *** ### 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: {% stepper %} {% step %} #### Method 1: Quick Buy on Flash Trade 1. Navigate to [flash.trade](https://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 {% endstep %} {% step %} #### 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 {% endstep %} {% step %} ### 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 {% endstep %} {% endstepper %} *** ### Supplying FLP on Kamino {% stepper %} {% step %} #### Step 1: Access Kamino 1. Navigate to [Kamino Finance](https://kamino.finance) 2. Connect your Solana wallet 3. Go to the **Borrow** tab {% endstep %} {% step %} #### Step 2: Find FLP Markets 1. Use the search bar 2. Type "FLP" to filter available markets 3. Select the FLP supply option {% endstep %} {% step %} #### 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 {% endstep %} {% endstepper %} {% hint style="warning" %} ## **Important** Your supplied FLP continues earning Flash Trade fees while serving as collateral on Kamino. {% endhint %} *** ### 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 {% columns %} {% column %} #### 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 {% endcolumn %} {% column %} #### 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 {% endcolumn %} {% endcolumns %}

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 *** {% hint style="danger" %} ### Important Disclaimers **This documentation is for educational purposes only and should not be considered financial advice. Borrowing and lending in DeFi involves substantial risk of loss, including:** * Liquidation risk if collateral value decreases * Interest rate fluctuations * Smart contract vulnerabilities * Market volatility affecting FLP value **Always:** * Understand all fees and risks involved * Only borrow what you can afford to repay * Monitor your positions regularly * Keep additional funds available for emergencies * Consider consulting with financial professionals * Start with small amounts while learning **Past performance does not guarantee future results. Always verify all information independently and stay informed about protocol updates and security considerations.** {% endhint %} *** ### Additional Resources * **Flash Trade Platform**: [flash.trade](https://flash.trade) * **Kamino Finance**: [kamino.finance](https://kamino.finance) * **Flash Trade Discord**: Community [support and updates](https://discord.com/invite/flashtrade) * **Kamino Discord**: Protocol-specific [support](https://discord.com/invite/kaminofinance) For questions about FLP tokens, visit the Flash Trade community. For Kamino-specific questions, visit their support channels. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.flash.trade/flash-trade/flash-trade-protocol/ecosystem-partners/kamino.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.