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Kamino Finance is a first-of-its-kind DeFi protocol that unifies Lending, Liquidity, and Leverage into a single, secure DeFi product suite. Kamino Finance was originally created to offer users the easiest possible way of providing liquidity and earning yield on-chain. Kamino’s product suite is packaged into an industry-leading UX that offers transparent analytics, detailed performance data, and extensive position info.
Step-by-Step Guide:
- Go to website
- Connect your Solana wallet
- Go to “Borrow / Lend”
- Supply any of your asset (For example: USDC)
- Borrow asset (For example: Sol). One dollar you borrow gives you 1 point every day. (We advise you to borrow less than 60% of your deposit)
Optional tasks:
- Go to “Liquidity” and provide liquidity to any one of the pools.
- Also, try out their leverage trading and “Multiply” one-click vault.