The Kamino Finance protocol automates and optimizes concentrated liquidity positions on the most advanced decentralized exchanges (DEX) on the Solana network. Users can earn rewards by providing liquidity to exchanges. Check out the project details below.
Kamino Finance Solutions
Kamino Finance offers several solutions to facilitate loans, optimize liquidity provision and improve DeFi (decentralized finance) services.
The protocol offers a series of products that combine diverse DeFi solutions to power sophisticated strategies. They have an accessible, functional and user-centric interface.
Among the innovations are automated liquidity vaults and kLend. They combine to power the protocol's other automated products, such as Multiply.
Liquidity
Automated liquidity vaults were the first products of the Kamino protocol. They were launched in August 2021 and continue to be the platform's flagship solutions. Among other functions, it issues kTokens, a type of token that generates income and is accepted as collateral in kLend.
kLend
kLend offers the possibility of lending and borrowing. Users provide assets to earn and use income as collateral. The operation is carried out against the deposited guarantee.
The loan can have a maximum value of the loan-to-value ratio (LTV), calculated by combining collateral and debt. If you reach liquidation LTV, you may lose collateral through liquidation while keeping the borrowed assets.
kLend powers the platform's automated products like Multiply. It can also be used as an independent lending marketplace.
The solution has a set of efficient features and a risk mechanism that protects users. The interface presents an overview of the loan pool, a market page with details of each asset, a loan panel and risk analysis.
Multiply
Multiply is an innovative automated product. It is a one-click vault that allows you to leverage exposure to income-generating assets.
It combines kLend mechanisms such as eMode and kToken collateral to offer efficient yield strategies. The interface provides accurate and detailed information for the user to better manage positions, as well as control risks.
KMNO Token
KMNO is the native token of the Kamino Finance protocol. It works as a utility, as it allows staking. It also acts as a governance asset, granting voting power on various protocol decisions.
The total supply of Kamino token is 10,000,000,000 units. Thanks to the platform's pioneering spirit and successful trajectory, the currency was valued in the market. Many investors have already chosen to add it to their portfolios.
Follow the KMNO quote in real time
After understanding how the Kamino Finance liquidity project works and what innovations it brings to the market, you can invest in the native token. It is already listed on NovaDAX.
At NovaDAX, it is very simple to buy or sell cryptocurrencies. Several charts are updated in real time so you can monitor asset price movements, compare the performance of options and make more efficient trades.
In addition to charts updated in real time, the NovaDAX platform has other features and tools that simplify investors' lives: better rates for Brazil and Latin America, agile support and a portfolio with more than 300 cryptocurrencies.
Invest in KMNO on NovaDAX
NovaDAX is the best cryptocurrency exchange on the market. On the platform, negotiations are accessible, intuitive and safe. The entire process of buying and selling assets is simple and transparent.
Take advantage of the opportunity to invest in Kamino's native token and hundreds of cryptoassets with potential for appreciation in the future. Open a free account at NovaDAX and join the cryptocurrency market.
