Kalmar Leveraged Yield Farming

Published on: 15.04.2021
Kalmar Leveraged Yield Farming

Kalmar announced the launch of the leveraged yield farming product that will be held on April 15 at 9PM Singapore Time.

The bank will be the only part of the protocol available for the first 24 hours, followed by the farm. This will allow lenders to first provide the assets that borrowers will need in order to yield farm.

Leveraged Yield Farming – Airdrop & Rewards Summary

For leveraged yield farming product the following is allocated:

  • 300,000 KALM tokens (3% of the supply) from the “Team & Partners” fund to be airdropped to the early users of the product, distributed equally among lenders and borrowers.
  • 950,000 KALM tokens (9,5% of the supply) to be distributed as rewards within the protocol, 150,000 KALM tokens being distributed in the first 45 days as launch event and the remaining 800,000 KALM tokens to be distributed linearly over the next two years.

In addition, we would like to remind you that the leveraged yield farming product has been audited by Hacken.

What is Kalmar?

Kalmar is a decentralised bank on Binance Smart Chain.

📰 INFO:

https://blog.kalmar.io/leveraged-yield-farming-launch-and-airdrop/

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