Season 1

Welcome to Kamino Points: Season 1

Season 1 of Kamino Points initiates the next phase of Kamino Finance.

This season will be focused on rewarding our existing users, while incentivizing new users to explore our product suite. We've designed the points system to be completely dynamic, enabling us to reward certain behaviors on the protocol.

Season 1 will run for ~3 months, culminating in the $KMNO Genesis Airdrop in late Q1 / early Q2 2024.

How It Works

Using ANY product on Kamino earns points - from Borrow/Lend, to Liquidity Vaults, to Multiply and Long/Short.

Default Point Rates:

• Kamino Lend Supply: 1 point per dollar per day

• Kamino Lend Borrow: 1 point per dollar per day

• Kamino Liquidity Vaults: 1 point per dollar per day

Boosted Rates:

• SOL, USDC, USDT, USDH Supply: 3 points per dollar per day

• SOL, USDC, USDT, USDH Borrow: 5 points per dollar per day

• Vault Boosts will follow soon

Ecosystem Boosts

Boosts can be assigned to any action/product on the protocol - but it can also be awarded for using other Solana ecosystem products or holding certain NFTs.

Stay tuned in Telegram for more news on points boosts!

Limitations

We want to encourage users to explore our products, and use them to serve their financial needs. We've designed the boost system to achieve this, while adding some limitations on less productive usage. Read here for more.

Airdrop

Season 1 will culminate in the Genesis Airdrop, which is planned for Q1/Q2 2024. More news will follow.