Kamino Finance is a tool that allows you to be a liquidity provider on many type of coins: sol staking tokens, stable coins, or main Solana coins. It also allows to set up easily liquidity pools from a single coin. It comes too with borrowing/lending features and leverages on liquidity positions.
- Lending SOLs and USDHs is much more rewarding: https://app.kamino.finance/points?seasonTab=season1&tab=boost
- The best way to earn points on this platform is to provide liquidities. Stabe pools are the safest.
- You can then use their borrowing and multiply features too but it comes with more risks.
- You can use leverage for your pools too, but it comes with more risks.
- See your points there: https://app.kamino.finance/points
- Liquidities suffers from impermanent loss.
- Leverage can lead you to defaulting.
- Like any app, the platform can be compromised.
Season 1 is ended.
Season 2 started but there is no end date.
TVL: > $1B
Whales: https://app.whales.market/points-markets?project=Kamino (< 0.0006$/point)