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Farm deploys tokens from your margin account into yield venues. You can farm with your own collateral or with borrowed funds (leveraged yield). Whatever you receive back, a Kamino receipt or vault shares, stays in your margin account and counts as collateral, so farming barely moves your health factor.
Farm page with Your Deposit TVL, Your Earnings, Net Farm APY, Pending Rewards and Net Health Factor, and a Kamino vault table for SOL, USDC and USDT

Farm: your farm stats, then Vaults / Positions and the Lending/Single Assets and Delta-Neutral categories. Click the image to zoom.

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Stats

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Categories

Vaults lists everything you can farm; Positions lists what you hold. Use All Pools, search and the column filters to narrow the list.

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Every vault page looks the same

Click a row to open its page:
  • Stats bar on top (APY, rates, TVL…)
  • All Transactions: your position value, receipt balance and earned yield, with Current Position and Position History tables
  • Analytics: charts and details for that venue
  • Deposit / Withdraw panel on the right. After you enter an amount, a details box shows the network, the amount, the estimated receipt you’ll get, the share price, the APY and projected monthly earnings

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Why the health factor barely moves

A farm deposit swaps one thing in your margin account (USDC, SOL…) for another of about the same value (kUSDC, USD*, vbSOL…), so total collateral stays the same. What can move it later is the receipt’s own value: a vault’s share price can rise or fall.
Leverage can get your account liquidated. Prices, borrow interest, swap slippage, perp funding and vault share prices all move your health factor, which must stay above 1.10. Only use what you can afford to lose.