Borrowers deposit interest-bearing tokens such as Curve or Balancer LPs and recursively borrow lent assets (stablecoins/WETH) to increase their LP position up to 10x. On the backend, the borrowed assets are swapped out for more of the LP position, which is then staked in Convex or Aura; yields are harvested and distributed every ~24 hours. Lenders receive a portion of yield farming profits, paid out in-kind, for providing the liquidity that enables borrowers to lever up.