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BTC $77,269.23 -2.17%
ETH $2,417.62 -2.47%
BNB $680.38 -1.66%
XRP $1.36 -2.03%
SOL $99.88 -3.70%
TRX $0.3237 -2.93%
DOGE $0.0819 -1.44%
ADA $0.1964 -1.14%
BCH $246.81 -0.12%
LINK $11.22 -1.79%
HYPE $81.84 -2.08%
AAVE $126.20 +1.96%
SUI $0.7250 -0.18%
XLM $0.1763 -1.08%
ZEC $831.38 -3.46%

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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