Kamino Lend will release V2 version, adopting modular design and improving liquidation mechanism

DailyNews

2024-09-04 02:47:32

Abstract generation in progress

On September 4th, news came that Solana lending protocol Kamino Lend released V2, which is expected to be launched in the fourth quarter of this year. At the market level, this version adopts modularity to support a wide range of assets, and the new income layer Vault Layer introduces automated single asset lending, combined with market Liquidity to provide risk-optimized returns. In terms of liquidation engine, Kamino V2 adopts the Oracle Machine mechanism to protect users from unnecessary liquidation, and combines liquidation auction drop liquidation penalties. In the lending mode, isolation or mixed mode selection can also be made. In addition, the V2 version also introduces the automatic cancellation of stake and Spot leverage function by Multiply.

KMNO-8.15%

SOL-9.91%

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