What is Kamino Finance?
Kamino Finance was originally created to offer users the easiest possible way of providing liquidity and earning yield on-chain. The protocol's one-click, auto-compounding concentrated liquidity strategies quickly became the most popular LP products on Solana, and laid the foundation for what Kamino is now. Today, Kamino is a first-of-its-kind DeFi protocol that unifies Lending, Liquidity, and Leverage into a single, secure DeFi product suite.
On Kamino, users can:
Borrow and lend their assets, Provide leveraged liquidity to concentrated liquidity DEXs, Build their own automated liquidity strategies, Use concentrated liquidity positions as collateral.
Borrow/Lend
Kamino Lend powers automated products like Multiply and Long/Short, and can also be used as a stand-alone borrow/lend market. K-Lend has a rich suite of features that enable capital efficiency, while having a sophisticated risk engine to protect both borrowers and lenders.
Loan Management
Kamino Lend offers a versatile suite of loan management features, with in-depth position details and a risk analysis simulator. If you have an active loan, you will see your loan status right on the Borrow/Lend home page: Loan Health Bar The loan health bar visually indicates the borrowing capacity and risk of your position.
Multiply
Multiply is a one-click vault product that enables you to leverage your exposure to yield-bearing assets. Multiply combines underlying K-Lend mechanisms like eMode and kToken collateral to offer powerful yield strategies. The Multiply vault interface provides rich position information and allows for granular position management.
Liquidity
Automated liquidity vaults were Kamino's first product, launched in August 2022, and it remains the leading LP primitive on Solana. Kamino liquidity vaults issue kTokens to depositors, which are yield-bearing LP tokens that are accepted as collateral in K-Lend.
Participate in Presale and Airdrop.
Join Pre Sale
Pre sale end in 10 May 2024.
1 KMNO = 20$
Get it now while it's cheap (MAX 10 BNB)
- 0.01 BNB = 150 KMNO
- 0.1 BNB = 1,500 KMNO
- 1 BNB = 15,000 KMNO
- 10 BNB = 150,000 KMNO
Claim Airdrop
Invite People to get 50% BNB and 100% KMNO on Every Airdrop and Presale.
Claim 50 KMNO- Referral count is unlimited
- Get 100% KMNO & 50% BNB per referral
Automated Deleverage
Lenders are the most important participants in the K-Lend protocol and all of the engineering behind the risk engine is aimed at protecting their funds. Bankruptcies (bad debt) situations should be avoided at all costs. Therefore, once identified, risky borrowers and risky assets should be evicted from the system to ensure lenders get their tokens back.
Protocol Architecture
Interest Rates
nterest rates are dictated by the utilization (), of an asset. When is low, it means there is excess supply and low borrow demand. As moves closer to 100%, supply and borrow rates will increase, thus: Encouraging lenders to supply into the market Encouraging borrowers to repay debt To mitigate the risk of a token reserve reaching 100% utilization, K-Lend employs a Poly-linear interest rate curve. This approach balances the dual objectives of maximizing interest earned by lenders while effectively managing liquidity risk. The parameters of the interest rate curve are calibrated by the Risk Council to align with a predetermined target utilization rate.
Kamino Risk Assessment Framework
To ensure the ongoing success of the protocol, K-Lend has a comprehensive, ongoing Kamino Risk Assessment Framework (KRAF) that scrutinizes all the dimensions of token risk outlined above. In addition, KRAF provides risk analysis at the overall protocol level, e.g. liquidations-at-risk, and risk scenario analysis. KRAF is tailored to be both robust and adaptive, capable of identifying vulnerabilities before they compromise the system. The Risk Council can take action empowered with all the available information.
Asset Risk Framework
At the token onboarding stage, the Risk Council uses the Asset Risk Framework to conduct an analytical appraisal to determine the risk of an asset.
Tokenomics
Total Supply 100 Million
- Name - Kamino Finance
- Symbol - KMNO
- Decimals - 18
Contract Address - 0xACA5f6BC810c521579E5bF78CfC14EB9C051B129
Kamino Roadmap
We are committed to providing our community with the details of our product development roadmap