Kamino seeing benefits from liquidity incentives on PYUSD

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Death, taxes, and the Kansas City Chiefs getting extremely lucky at the end of football games. When will it end?

It’s day two of the NFL season and I’m already resigned to my Buffalo Bills bowing out to Patrick Mahomes in the playoffs yet again. At least I have all our newsletter subscribers to keep me company:

Kamino is Solana’s home for liquidity incentives

PayPal’s PYUSD stablecoin has recently seen rapid growth on Solana. Much of the growth has been driven by Kamino, a newer DeFi platform where the majority of this activity is happening.

Kamino, a borrow-lend protocol on Solana that began gaining real traction in late 2023, onboarded PYUSD with generous liquidity…

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