FLP.1 is now live on @DeFiCarrot
Find out everything about how this integration works👇
Flash Trade just integrated with Carrot Boost.
For those unfamiliar Carrot is a yield aggregators on @solana that offers various yield bearing tokens at one place.
Now they've added FLP.1 as accepted collateral for leveraged positions.
Here is how FLP works on @DeFiCarrot
FLP.1 earns REAL yield, not just token emissions.
LPs benefit from the trading fees generated by Flash Trade as 70% of all trading fees are allocated directly to liquidity providers (LPs)
This yield gets auto compounded via the liquid staked token FLP which helps LPs to use their deposit in other defi primitives on Solana
This is where Carrot comes as one of the defi protocols using FLP
How Carrot Boost works:
Carrot lets you borrow USDC using your FLP.1 as collateral top
Deposit FLP.1 → Borrow USDC against it → Buy more FLP.1 → Repeat
It's a leveraged looping strategy that amplifies your exposure to FLP.1's yields.
Users can get up to 3.4x leverage on their regular FLP.1 deposits using Carrot
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