Farm

Karvana offers multiple farming opportunities where users can stake their LP tokens to farm KARVANA tokens. This mechanism is used to keep deep liquidity on particular pairs. Farming is currently available on Fantom for kUSD-FTM and kUSD-USDC-DAI-USDT LP tokens.

Because kUSD is an overcollateralized (fully backed by redeemable assets) stablecoin pegged to $1, users should not suffer from extreme impermanent loss while farming, as is the case with purely algorithmic stablecoins and volatile crypto assets with price action.

Once you've deposited collateral and borrowed kUSD, head over to SpookySwap and/or Curve to create LP tokens with your kUSD.

kUSD-FTM on SpookySwap

Choose the Liquidity tab on the left side of your screen. Now you have to choose Ingredient A and B. Ingredient A will be FTM and ingredient B will be kUSD. Note: Ingredients A and B must be equal in value (SpookySwap will automatically calculate this for you) If kUSD does not show up, please copy/paste the address shown below manually.

kUSD: TBD

kUSD-USDC-DAI-USDT LP on Curve

Make sure you're on the "Deposit" tab. Proceed to deposit any combination of kUSD, USDC, DAI, and/or fUSDT into the Curve LP pool.

Stake LP Tokens

Now that you have your LP tokens, head over to the Karvana Farm. Approve the LP token(s) and deposit them into their respective pools. Now sit back and watch your rewards accumulate!