Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Kamino Profile picture
@Kamino_Finance
Dec 11 • 9 tweets • 3 min read Twitter logo Read on Twitter
1/ Kamino Liquidity is an automated LP product that delivers institutional-grade liquidity strategies to retail users - at the click of a button

Our Liquidity Vaults have revolutionized the UX for LPs in Solana DeFi🧵 Image
2/ Kamino Vaults removes the friction from liquidity provision.

All Kamino vaults feature:

- Single-token deposits (Kamino swaps for you)
- One-click transactions (yes, with Ledgers too)
- Auto-compounding (never harvest LP fees & incentives again)
- Auto-rebalancing
3/ Once a user deposits into a Kamino vault, they don't have to do anything else

Each Kamino vault has a vault "Strategy" that determines the LP ranges & rebalancing parameters. These strategies are fully automated, with the smart contract monitoring every vault for rebalances.
4/ We've spent 18 months optimizing & creating new strategies, while building analytics so users can monitor vault performance

EVERY vault on Kamino has analytics, monitoring:

Vault performance vs either token's performance vs just holding both tokens. Check the interface here:
5/ But here's where we've changed the game completely:

In addition to strategy automation, Kamino now also tokenizes user positions into LP tokens (kTokens). And these tokens can now be used as collateral in Kamino Lend 👀
6/ This means, for the first time ever, various CLMM liquidity positions can be levered up. For example:

kJitoSOL-SOL can be deposited into Kamino Lend, and SOL can be borrowed against it. SOL can then be deposited back into the JitoSOL-SOL vault, increasing yield exposure.
7/ Strategies like these are highly significant to the ecosystem as they make for much deeper liquidity across various key token pairs.

This, in turn, facilitates greater DeFi activity and larger token swaps, which are essential to ecosystem growth.
8/ Looping via Lending also comes with risks such as token depegs, which we outline in our docs:

Liquidity vaults also expose users to risks such as impermanent loss. We encourage ALL liquidity providers to read our vault docs: docs.kamino.finance/products/multi…
docs.kamino.finance/v/automated-li…
9/ Join the Kamino Telegram, where we discuss all things liquidity, lending, and risk related: t.me/kamino2

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Kamino

Kamino Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Kamino_Finance

Kamino Profile picture
Mar 4
gm.

1/ If you're here, you're obvs a big 🧠who traded Saturday morning cartoons for Crypto Twitter. Now you gotta help us figure out what this means:

AMM ≠ CLOB ≈ CLMM ≈ AMM ≠ CLOB

Grab your cereal, and let's go👇
2/ We still talking CLOBs vs. AMMs in 2023? Yes.

Huge differences between a central limit order book (CLOB)

and a constant product market maker (just AMM),

but the concentrated liquidity market maker (CLMM) is similar to both.

We kinda covered this:
3/ But it's a doozy to think about.

CLMMs and AMMs both rely on pools of tokens for making markets, and they automatically adjust quotes based on supply

BUT

CLMMs and CLOBs let market makers set bids and asks, while AMMs jigger prices by the curve x*y=k, from 0 to infinity.
Read 6 tweets
Kamino Profile picture
Feb 28
1/ Impermanent loss is a law of the markets, and it's not changing any time soon.

If you want to be a big-brain LP, you need know how IL works, and how to navigate it.

Hold on tight, and let's dive in👇 Image
2/ wtf is IL?

Impermanent Loss occurs when you are providing liquidity for two tokens, and the market moves in such a way that you would have ended up with more $ value, had you simply held 100% of your capital in one, or the other token, instead of providing liquidity for both.
3/ That's a mouthful, so what are we saying?

In a Kamino vault, you provide liquidity for a pool with two tokens. Kamino has three predominant vault strategies:

- Stable (eg. USDH-USDC): Typically no IL
- Pegged (eg. SOL-mSOL): Miniman to no IL
- Mixed (eg. mSOL-USDC) IL Risk
Read 21 tweets
Kamino Profile picture
Oct 26, 2022
1/ kTokens can now be integrated into any DeFi protocol on @solana, and building out a reliable pricing mechanism for each kTokens has made this possible

So, how does kToken pricing work, and how is @switchboardxyz enabling it to be used across the ecosystem?

A 🧵
2/ Each kTokens contains two assets, and represents a user’s deposit into a Kamino Vault

In practice, if a user deposits into the $USDH - $SOL Vault, their funds are deployed into the $USDH - $SOL Whirlpool on @orca_so, & their kTokens consists of the 2 assets, typically ~50/50
3/ First, Kamino aggregates prices from various on-chain sources for each asset on the platform

This not only establishes a median that accounts for numerous markets, but also makes kToken prices harder to manipulate, as greater capital is needed to impact prices across markets
Read 11 tweets
Kamino Profile picture
Oct 24, 2022
1/ kTokens are live & ready for leverage on @solendprotocol

As Kamino’s first lending integration, Solend has onboarded 2 kTokens to the Kamino USDH Pool, allowing you to borrow any combination of $USDH, $USDC, $BTC, $ETH, $SOL & $mSOL

Kamino x Solend🧵
blog.kamino.finance/solend-adds-kt…
2/ Quick look at kTokens

kTokens are standard SPL tokens, representing the value a user deposited into a Kamino Vault. As Kamino vaults auto-compound fees & rewards from concentrated liquidity pools, kToken values grow over time, making them the ultimate yield-bearing collateral
3/ kTokens from the following Kamino Vaults have now been onboarded to Solend:

- USDH-USDC
- USDC-USDT

So what does the integration mean for Kamino, Solend, and @solana DeFi?
Read 7 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

Send Email!

:(