Solana ecosystem protocol @KaminoFinance is wrapping up its Season 3, which has lasted for more than six months, and distributing 350M tokens. Partners with points should not forget to claim the airdrop! Kamino currently ranks at the forefront of the ecosystem with a TVL of $2.5 billion. As a leading project in Solana Defi, it is not resting on its laurels but has also launched an upgraded V2 protocol. Beier has summarized the five major updates of this upgrade for everyone.

  • Automated Yield Vault

Based on the selected yield/risk preference, the vault manager executes and automatically adjusts the lending pool ratios according to the risk attributes set by the users, saving them from the tedious pain points of fund management, allowing users to manage their finances efficiently with just one click.

  • Professional Lending Experience

A brand new loan dashboard has been introduced, providing a more professional risk assessment report, with corresponding position analysis reports for price fluctuations and even 'emergency events', allowing users to choose different risk levels based on market conditions when operating loans.

  • Modular Lending

The new version does not significantly change the user experience, but it provides developers with more flexible infrastructure to execute customized markets such as KYC, permissioned systems, or custody.

  • Leverage Trading

Optimizing the long-term user experience for low leverage users, introducing features such as collateral yield, soft liquidation, and liquidation protection, filling the last gap in the Solana leverage sector.

  • RWA

Currently not launched, but it is expected to collaborate with @Securitize and @SteakhouseFi to launch the first batch of ACRED assets. At the same time, it plans to utilize the Multiply feature to amplify the returns of RWA products, similar to traditional stock/bond collateral lending.

[Beier's Viewpoint]

In addition to participating in the upcoming Season 4 airdrop event, Kamino, as a leading project in the Solana ecosystem, is also worth experiencing for partners to try out new features. With the launch of the V2 version, Kamino currently offers a total market incentive of over $285,000, and the simplest way to participate is to use the Kamino Multiply mSOL circular leverage pool, which can yield up to 32.86% APY (base + MNDE incentives).