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Updates:

Kamino is set to distribute 7% of $KMNO supply to the community, airdrop in April following March 31st snapshot
20/3/24 : OG Claim allocation. An allocation of 0.5% has been added but no details right now about what exactly “OG” means. It is also tiered which is a great bonus and an area a lot of people were complaing about with the linear system. This gets the best of both worlds filtering out Sybil traders while also rewarding OGs.
22/3/24 : $KMNO Content Program is live. Any content submitted in 2024 is eligible for submission including educational, memes and more! This makes the inclusion for Kamino tone of the largest out of any protocol rewarding those who use volume, those who were early and those who help produce meaningful content for the platform.

Kamino is also one of the top platforms for earning stablecoin yields on Solana, with USDC and PYUSD lending rates ranging from 4-17% depending on the vault. For a full comparison of Kamino’s rates against other protocols, see our stablecoin yield comparison.