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BTC $62,996.11 -0.05%
ETH $1,879.98 -0.07%
BNB $604.69 -0.90%
XRP $0.9986 -0.43%
SOL $74.98 -0.65%
TRX $0.3313 +0.07%
DOGE $0.0697 -0.08%
ADA $0.1770 -0.46%
BCH $203.26 -0.16%
LINK $9.44 -1.20%
HYPE $57.58 +0.98%
AAVE $86.41 -0.19%
SUI $0.6751 -0.61%
XLM $0.1571 -0.49%
ZEC $488.13 -0.16%

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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