1/ @KaminoFinance is entering its next leg of growth with V2: unlocking new markets, improving capital efficiency, and catering to various risk profiles.
We believe Kamino is uniquely positioned to benefit from the maturation of Solana DeFi. 🧵

6/ With the Exponent integration, users can borrow SOL against fixed-yielding LRT principal tokens (PT-fragSOL, PT-kySOL).
Deposits have surpassed $40M, with SOL utilization in the market remaining >90%.
Kamino can be a primary beneficiary of the growth of Solana yield markets, which have seen top-line liquidity increase at an annual rate of nearly 600%.

7/ Subscribe to @blockworksres for access to the full report by @0xMether and @0xcarlosg, which features a forward-looking valuation and highlights the key risks for the protocol.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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