Question 1

**What is Kamino Finance?**

Accepted Answer

Kamino Finance is a decentralised finance protocol built on the Solana blockchain. It provides infrastructure for managing automated liquidity vaults, lending, borrowing, and leverage strategies. The platform is designed to simplify the use of concentrated liquidity by automating range settings, rebalancing, and compounding.

Kamino vaults allow users to provide liquidity without manually adjusting parameters. These vaults issue tokenised positions, which can also be used as collateral within the lending and borrowing system. The protocol integrates liquidity provisioning with DeFi lending markets to enable composable capital usage across different strategies.

Kamino Finance operates through a set of smart contracts deployed on Solana and includes features such as liquidity automation, isolated risk lending pools, and vault-based leverage. It also uses an internal points system to track user activity and engagement across its ecosystem.

Question 2

**What is Kamino (KMNO)?**

Accepted Answer

Kamino (KMNO) is the native token of the Kamino Finance protocol and is issued on the Solana blockchain using the SPL token standard. It is used within the protocol to support governance, protocol-level incentives, and user participation.

KMNO functions as the mechanism for participating in the platform's governance and reward structure. It is integrated into liquidity incentives, staking programmes, and user reward distribution. Public documentation includes structured token allocations across categories such as contributors, stakeholders, community programmes, and treasury.

Question 3

**What is Kamino (KMNO) used for?**

Accepted Answer

- **Governance participation**: KMNO holders can vote on proposals related to protocol parameters and ecosystem development.
- **Protocol incentives**: KMNO is distributed as part of liquidity and usage incentive programmes.
- **Staking and utility access**: The token is used in staking systems that provide access to specific features, multipliers, or platform benefits.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	KMNO-USDT KMNOUSDT	binance	AA	0.03787USDT	-2.45%	97,968,791.00KMNO	56,347	0.03882USDT	0.04377USDT
2	KMNO-USDT KMNOUSDT	bybit	A	0.03785USDT	-2.45%	48,832,385.50KMNO	40,866	0.03880USDT	0.04320USDT
3	KMNO-USDT KMNO_USDT	whitebit	BB	0.03789USDT	-2.35%	28,289,537.00KMNO	18,872	0.03880USDT	0.04397USDT
4	KMNO-USDT KMNO-USDT	okex	A	0.03786USDT	-2.52%	28,163,734.90KMNO	11,444	0.03884USDT	0.04315USDT
5	KMNO-USDC KMNOUSDC	binance	AA	0.03777USDC	-2.68%	18,571,338.00KMNO	5,567	0.03880USDC	0.04328USDC
6	KMNO-USDT KMNO_USDT	gateio	A	0.03786USDT	-2.52%	14,021,985.60KMNO	9,926	0.03884USDT	0.04317USDT
7	KMNO-USD KMNO-USD	coinbase	AA	0.03777USD	-2.78%	13,638,452.00KMNO	3,506	0.03885USD	0.04307USD
8	KMNO-USDT KMNO-USDT	kucoin	BB	0.03780USDT	-2.64%	9,296,323.00KMNO	4,289	0.03883USDT	0.04310USDT
9	KMNO-USDT KMNOUSDT_SPBL	bitget	BB	0.03778USDT	-2.63%	5,124,086.78KMNO	5,062	0.03880USDT	0.04313USDT
10	KMNO-USD KMNOUSD	kraken	AA	0.03777USD	-2.65%	2,530,728.50KMNO	1,614	0.03880USD	0.04305USD
11	KMNO-USDC KMNO-USDC	okex	A	0.03799USDC	-0.47%	1,680,101.40KMNO	359	0.03817USDC	0.04285USDC
12	KMNO-EUR KMNOEUR	kraken	AA	0.03355EUR	-1.09%	349,184.73KMNO	241	0.03392EUR	0.03760EUR
13	KMNO-USD kmnousd	gemini	A	0.03814USD	15.57%	162,321.96KMNO	112	0.03300USD	0.04255USD
14	KMNO-RLUSD kmnorlusd	gemini	A	0.03814RLUSD	15.57%	162,321.96KMNO	112	0.03300RLUSD	0.04255RLUSD
15	KMNO-GUSD kmnogusd	gemini	A	0.03814GUSD	15.57%	162,321.96KMNO	112	0.03300GUSD	0.04255GUSD
16	KMNO-EUR KMNO-EUR	okex	A	0.03438EUR	11.55%	152,383.70KMNO	36	0.03083EUR	0.03830EUR
17	KMNO-USD KMNO_USD	cryptodotcom	AA	0.03790USD	2.55%	53,018.00KMNO	42	0.03696USD	0.04290USD
18	KMNO-KRW KRW-KMNO	upbit	B	51.40KRW	-1.53%	35,630,020.11KMNO	3,117	52.20KRW	59.10KRW
19	KMNO-KRW KMNO_KRW	bithumbkorea	-	50.73KRW	-0.59%	24,677,889.13KMNO	5,077	51.03KRW	57.38KRW
20	KMNO-USDT KMNOUSDT	toobit	C	0.03789USDT	-2.42%	12,051,374.00KMNO	13,746	0.03883USDT	0.04311USDT
21	KMNO-EUR KMNO-EUR	bitvavo	B	0.03356EUR	-2.26%	11,877,837.17KMNO	1,812	0.03434EUR	0.03836EUR
22	KMNO-USDT KMNOUSDT	bitrue	D	0.03790USDT	-2.47%	7,789,990.00KMNO	7,296	0.03886USDT	0.04289USDT
23	KMNO-USDT KMNO-USDT	bingx	D	0.03791USDT	-2.44%	4,565,145.06KMNO	19,485	0.03886USDT	0.04326USDT
24	KMNO-USDT kmno_usdt	digifinex	D	0.03783USDT	-2.60%	2,792,344.91KMNO	14,170	0.03884USDT	0.04305USDT
25	KMNO-USDT KMNO_USDT	bitunix	C	0.03776USDT	-2.83%	2,254,499.95KMNO	7,279	0.03886USDT	0.04309USDT
26	KMNO-USDT KMNOUSDT	mexc	C	0.03778USDT	-2.80%	2,061,682.64KMNO	4,078	0.03887USDT	0.04316USDT
27	KMNO-USDC KMNOUSDC	mexc	C	0.03787USDC	-2.45%	1,336,580.91KMNO	2,972	0.03882USDC	0.04251USDC
28	KMNO-IDR kmnoidr	indodax	E	677.00IDR	0.59%	502,933.33KMNO	386	673.00IDR	842.00IDR
29	KMNO-THB THB_KMNO	bitkub	C	1.28THB	8.90%	295,031.64KMNO	42	1.18THB	1.70THB
30	KMNO-BRL KMNO-BRL	mercadobtc	C	0.1889BRL	4.97%	26,558.19KMNO	26	0.1799BRL	0.2152BRL
31	KMNO-USDT KMNO_USDT	cryptology	D	0.02209USDT	0.00%	0KMNO	0	0.02209USDT	0.02209USDT
32	KMNO-USDC KMNO_USDC	backpack	C	0.03761USDC	0.00%	0KMNO	0	0.03761USDC	0.03761USDC
33	KMNO-USDT KMNOUSDT	coinex	C	0.04351USDT	0.00%	0KMNO	0	0.04351USDT	0.04351USDT
34	KMNO-BTC BTC-KMNO	upbit	B	0.0₆4700BTC	2.17%	391.83KMNO	2	0.0₆4600BTC	0.0₆4700BTC
35	KMNO-KRW kmno_krw	korbit	C	52.64KRW	16.98%	323.87KMNO	1	45.00KRW	52.64KRW
36	KMNO-USDT USDT-KMNO	upbit	B	0.04031USDT	21.42%	23.17KMNO	1	0.03320USDT	0.04031USDT
37	KMNO-USDC KMNOUSDC	cube	D	0.02500USDC	0.00%	0KMNO	0	0.02500USDC	0.02500USDC
38	KMNO-USDT KMNOUSDT	hitbtc	E	0.02416USDT	0.00%	0KMNO	0	0.02416USDT	0.02416USDT