What is paystream?

PayStream is a platform that provides secure and flexible payment streaming and lending APY optimizer solutions on the current market deployed lending protocols like Kamino and MarginFi.

Core Features

Lending APY optimizer

Payment Streaming

What makes it different than other lending platforms?

It would be easy to tackle this answer with a simple problem and solution method-

• Problem- On Kamino, APYs are influenced by DEX trading fees and incentives. The yields can fluctuate based on trading volume, price range, and rebalancing costs. Idle liquidity during periods of low trading activity leads to suboptimal returns for liquidity providers. Solution- PayStream introduces a P2P matching layer that directly connects borrowers and lenders to eliminate idle liquidity and reduce reliance on volatile APYs.

• Problem- Kamino’s lending mechanics are designed for liquidity providers, not for users needing customized repayment schedules. Borrowers must adhere to fixed terms, which can be rigid for freelancers, startups, or DAOs with milestone-based incomes. Solution- Borrowers repay loans using payment streams, aligning repayments with their cash flow.

• Problem- On Kamino, liquidity providers face risks from impermanent loss and out-of-range positions, which impact yield stability. Solution- Liquidity providers on PayStream can earn both:

  • Trading fees and incentives from Kamino.
  • Interest from

  This diversification reduces reliance on volatile trading activity, not to mention PayStream integrates Kamino’s dynamic liquidation mechanisms with programmable repayment schedules, offering more borrower-friendly terms while protecting lender capital.

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  Paystream is not a competitor as it uses PLFs like Kamino under the hood, it simply provides a way of getting better rates while having the same guarantee, the same liquidity that you already get on other platforms.

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Why should I use it?

To understand the answer to this question, first, we need to learn how Kamino APY works-

Kamino earns yield from swap fees generated when users trade tokens in a liquidity pool, and additional rewards from DEX incentives (e.g., token rewards provided by the DEX to attract liquidity). There are partnership incentives, too.

To calculate APY - Vault APY:

• APY from trading fees and DEX incentives.
• Calculated based on the previous 24 hours of trading volume.
• Fluctuates with trading activity and price range efficiency

Kamino APY:

• APY from external incentives (e.g., bonuses or tokens distributed by Kamino partners).
• May include claimable or auto-compounded rewards.