When any new token listed on exchange, then it goes to new high value but to trap new buyers at high values, respective foundations sell their token to gain handsome value. Thats results in a big dump.

Kamino Finance is a decentralized finance (DeFi) protocol built atop of the Solana blockchain. It offers automated liquidity strategies and lending solutions which are designed to maximize capital efficiency and security for its users. The protocol’s main products include the Automated Liquidity Vaults and Kamino Lend.

Kamino Finance’s Automated Liquidity Vaults are designed to simplify the process of providing liquidity on decentralized exchanges (DEXes). In return users receive fees from trading volume in the underlying DEX pools. These vaults automate several crucial operations like asset rebalancing, and fee compounding. By depositing assets into these vaults, users can participate in liquidity provision without the need for constant manual adjustments. The vaults issue kTokens to depositors, which are yield-bearing LP tokens, and accepted as collateral in Kamino’s lending platform, K-Lend. #KMNO $KMNO