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What it does

K2Lend is a lending protocol on Stellar. Supplying an asset there earns interest in that asset plus emission rewards paid in separate tokens, and those rewards sit unclaimed until someone collects them. The strategy closes that loop on its own:
  1. Supply the underlying asset on K2Lend.
  2. Wait.
  3. Claim the emission rewards.
  4. Swap the rewards for the underlying asset on Soroswap.
  5. Supply the proceeds back into the market.
Step 5 is what turns the reward emissions into compound yield. Nothing is minted on reinvestment, so the same shares are now backed by more underlying and the price per share goes up. That is the number the vault reads to price its dfTokens. The strategy is supply-only: it lends, it never borrows.

Rewards

A K2Lend market can pay more than one reward token, and the list can change over time. The strategy handles this by letting the keeper name which reward to claim and compound on each harvest, together with a minimum output for the swap, so the reward swap cannot be sandwiched. Only the just-claimed reward is ever exposed to the swap; the supplied principal is never touched by a harvest.

Access

Deposits are restricted to approved DeFindex vaults. Withdrawals are never restricted: a vault can always exit its position.

Deployed instances

One contract per asset and market, all running the same code. Addresses are published on Contract Deployments as instances go live.