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XLM $0.1477 -1.93%
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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
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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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