What is Kamino (KMNO)?
One of Kamino’s standout features is its concentrated liquidity strategy, which allows users to leverage liquidity positions as collateral. This is achieved through Kamino’s tokenized concentrated liquidity market maker (CLMM) positions, known as kTokens, which are fungible and easily tradable. Users can borrow against these positions or employ them in other strategies to maximise returns. The platform’s emphasis on automation and transparency provides users with detailed analytics and performance insights, empowering them to manage their liquidity positions more effectively.