# 📋 How to use the Kamino Multiply strategy (/kamino-multiply/how-to-kamino-multiply-strategy)



















Learn how to use Kamino Multiply with your vSOL and direct staking to a validator.

<video preload="metadata" src="/videos/491lm7JM5RVRlW5EHszf.mp4" />

[Kamino Multiply](/kamino-multiply/kamino-multiply-strategy) loops your [vSOL](/about/vsol): it borrows SOL against your vSOL, stakes it for more vSOL and repeats, so you earn vSOL staking yield on a larger position. Leverage adds risk, so read the [Risk disclosure: Kamino Multiply strategy](/kamino-multiply/risk-disclosure-kamino-multiply-strategy) before you start.

## Open a Kamino Multiply position [#open-a-kamino-multiply-position]

<Steps>
  <Step>
    ### Go to Kamino [#go-to-kamino]

    Go to [kamino.com](https://kamino.com/) (Figure 12.1).

        <img alt="Kamino home page" src="__img0" />

    Figure 12.1: Kamino home page
  </Step>

  <Step>
    ### Open Multiply [#open-multiply]

    Close any announcement, then open Multiply in the top navigation (Figure 12.2).

        <img alt="Multiply in Kamino's top navigation" src="__img1" />

    Figure 12.2: Multiply in Kamino's top navigation
  </Step>

  <Step>
    ### Search for vSOL [#search-for-vsol]

    Type vsol in the Search Assets box (Figure 12.3).

        <img alt="Search Assets box with vsol" src="__img2" />

    Figure 12.3: Search Assets box with vsol
  </Step>

  <Step>
    ### Choose the VSOL loop [#choose-the-vsol-loop]

    Tap Deposit on the VSOL loop (Figure 12.4).

        <img alt="Deposit button on the VSOL loop" src="__img3" />

    Figure 12.4: Deposit button on the VSOL loop
  </Step>

  <Step>
    ### Review the market page [#review-the-market-page]

    Review the market page. It shows the loop's details: the VSOL/SOL oracle price, available liquidity, maximum leverage and the liquidation thresholds (Figure 12.5).

        <img alt="VSOL/SOL Multiply market page" src="__img4" />

    Figure 12.5: VSOL/SOL Multiply market page
  </Step>

  <Step>
    ### Enter your deposit [#enter-your-deposit]

    Under Simulate & Deposit, enter how much vSOL to deposit. You can also switch the deposit asset to SOL (Figure 12.6).

        <img alt="Simulate and Deposit amount field" src="__img5" />

    Figure 12.6: Simulate and Deposit amount field
  </Step>

  <Step>
    ### Choose your leverage [#choose-your-leverage]

    Drag Leverage to choose your multiplier. Higher leverage means higher yield and a higher liquidation risk (Figure 12.7).

        <img alt="Leverage slider" src="__img6" />

    Figure 12.7: Leverage slider
  </Step>

  <Step>
    ### Connect and open your position [#connect-and-open-your-position]

    Tap Connect and choose your wallet. The first time, Kamino asks you to set up an account and shows the risks of borrowing with leverage. Approve the account setup, then approve the deposit to open your position (Figure 12.8).

        <img alt="Connect button in Simulate and Deposit" src="__img7" />

    Figure 12.8: Connect button in Simulate and Deposit
  </Step>
</Steps>

## Manage and close your position [#manage-and-close-your-position]

Open My Position on the market page to see your multiplied position, manage collateral and debt, or withdraw.

<Callout type="warn">
  If your position is large, unwind it in smaller steps: closing everything at once can cause heavy slippage and lose funds.
</Callout>

Your multiplied vSOL counts toward your [direct stake](/stake/direct-staking) on The Vault when you open the position from the wallet you set to your validator (see [How to direct stake](/stake/how-to-direct-stake)); otherwise it counts as [undirected stake](/stake/direct-vs-undirected-stake). It can take up to 24 hours to appear on the [Direct Stake](https://thevault.finance/direct-stake) page.

Need help? Open a support ticket in [The Vault Discord](https://discord.gg/thevaultfinance).