Airdrop Kamino on Solana blockchain!

If we talk about decentralized finance (DeFi), Kamino is leading the charge in simplifying DeFi and making crypto usage more enjoyable.

And if that didn't get your heart racing, this will surely do the trick—Kamino recently introduced its point system and revealed its governance token: $KMNO.

##Not feeling familiar yet?

we'll delve into all things Kamino and the $KMNO token.

Jogpal
Plan: Kamino
Token symbol: $KMNO
Blockchain: Solana
Sector: Decentralized Finance (DeFi)
Business model: Lending/Borrowing & Structured products/Vaults (DeFi strategies)
Ethereum parallels:
Lending/Borrowing: and
Structured Products: and
What's Kamino's deal?
Much like , Kamino offers lending and borrowing services. But wait, there's more…

It also gives you access to a variety of vaults, allowing you to explore multiple DeFi strategies.

Here's a quick rundown of Kamino's product lineup:

Lending: Deposit your tokens into the platform's liquidity pools to become a lender. These funds are pooled together and can be borrowed by other users.
Borrowing: Collateralize your tokens to borrow other tokens. By locking up a certain value of your cryptoassets, you can borrow different cryptocurrencies from the platform.
Interest Rates: The interest rates for borrowing and lending are determined algorithmically based on supply and demand dynamics. Typically, borrowers pay interest while lenders earn interest on their deposits.
Vaults
Liquidity: Earn fees and rewards by providing liquidity to decentralized exchanges like Orca, Raydium, and Meteora.
Multiplication: Amplify your exposure to yield-bearing assets such as JitoSOL, bSOL, and mSOL up to 5x.
Long/short: For those seeking even greater leverage, these vaults allow you to easily increase your directional exposure with just a single click.