Kamino Price

What is Kamino?

Kamino Finance (KMNO) is a trailblasing DeFi protocol that has been designed to streamline the process of on-chain yield generation and liquidity provision. It has gained popularity for its innovative auto-compounding concentrated liquidity strategies. KMNO is the native utility token of Kamino Finance, playing a crucial role in the ecosystem by enabling governance, incentivising liquidity provision, and offering fee discounts for holders. The tokenomics of KMNO are structured to promote sustainable growth within the Kamino Finance ecosystem. The total supply of KMNO tokens is capped to prevent inflation and maintain value. KMNO tokens are distributed among community members, developers, and early backers, with a significant portion reserved for future incentives and ecosystem development. KMNO holders can stake their tokens to earn rewards and participate in governance decisions.