Cointime

Download App
iOS & Android

Kamino Finance

ALL From Kamino Finance

Kamino clarifies: The second account on Bybit’s weekly profit ranking, “Kamino Team Sold”, is not officially owned

@DefiSquared posted on X platform that the account "Kaminoteamsales (Kamino Team Sales)" ranked second on the Bybit weekly spot profit leaderboard. Bybit data shows that the account was created four days ago and has been profitable for three days, with a profit of $3.23 million and a weekly yield of 113.95%. The highest yield trading pair is KMNO/USDT.

Kamino will issue KMNO tokens on April 30

Kamino Finance, a Solana-based composable automated liquidity management protocol, announced the KMNO token economics. The total supply of KMNO is 10 billion, with an expected initial circulating supply of 1 billion, including 750 million initially distributed to the community. The TGE date is April 30th, 2024.The KMNO token economics are as follows: Community and Grants: 35% (including 7.5% for genesis distribution); Liquidity and Treasury: 10%; Core Contributors: 20%; Key Stakeholders and Advisors: 35%.

Solana ecological protocol Kamino Finance may launch an airdrop plan

A community contributor has stated that Kamino Finance, the fastest-growing decentralized finance protocol in the Solana ecosystem, will soon launch a points program, laying the foundation for future token airdrops. Community anonymous contributor Marky stated in Twitter Spaces, "Kamino is about to launch a points program, which is likely to become the future token." Kamino operates a treasury product aimed at maximizing profits for depositors who want to provide liquidity for various Solana-based DeFi trading platforms, and it is also building lending facilities.