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Kamino Finance launches KMNO token pledge incentive mechanism

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2024-04-30 19:56:05
On April 30, Kamino Finance, a Solana ecosystem composable automated liquidity management protocol, introduced the details of the pledge incentive mechanism for its native token KMNO in an official document.
According to Kamino's staking rules, users can get 3 times the agreement point reward for every $1 equivalent KMNO they pledge, and immediately get a 30% base pledge bonus. As the staking time increases, the user's pledge multiplier will increase by 0.5% day by day, and the total pledge bonus can reach up to 300%.