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ZEC $490.22 +0.45%
BTC $63,026.27 +0.03%
ETH $1,884.14 +0.15%
BNB $604.87 -0.88%
XRP $1.00 -0.18%
SOL $75.20 -0.27%
TRX $0.3315 +0.06%
DOGE $0.0699 +0.07%
ADA $0.1780 +0.17%
BCH $203.59 +0.08%
LINK $9.46 -1.07%
HYPE $57.64 +1.02%
AAVE $86.65 +0.12%
SUI $0.6761 -0.60%
XLM $0.1577 -0.01%
ZEC $490.22 +0.45%

Kamino: The S2 event has ended, and $13.5 million worth of KMNO token rewards will be distributed in mid-August

2024-08-04 11:15:08

ChainCatcher message, Solana lending platform Kamino announced on social media that Season 2 of Kamino has ended, and a total of 350 million KMNO (worth 13.5 million USD) will be distributed to Kamino users in mid-August. The related rewards will be fully unlocked and automatically staked upon receipt. Users can unstake without a cooling-off period, and the allocation check URL is https://app.kamino.finance. Once governance is initiated, users will be able to stake their KMNO into the governance contract.

From the moment the S2 snapshot occurred, Season 3 is now live, and complete information will be released next week. Season 3 will adjust the protocol, points, and governance mechanisms to achieve Kamino's goal of reaching 10 billion USD TVL.

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