Use Cases for Kamino Finance

BbyA...nMtW
29 Mar 2024
233



Welcome to an intro series to Kamino Finance

(This series was originally posted on X, so I'll be linking those video posts below)

There's HEAPS of great info in the Kamino Docs so I'm not going to cover a lot of that ground as I can't do anywhere near as good a job as that does.
What this series tries to do is show you how you go about using the set of tools Kamino have provided to express ideas/solve a problem.

In each video I take an idea/problem (and they are not always "good" ideas/problem 😁) and express it via the tools on Kamino. In doing so I hope you can more easily see ways in which you can express your own ideas via the same tools.

Everyone's situation is unique, so there never is a one-size-fits-all solution. #defi has provided us with a set of powerful tools but it's up to each of us to use this power to craft solutions to our own situation.

We're just at very beginning of what's to come in this space but we only get there if we take the tooling and start to apply in valuable ways.

I would LOVE to hear/see ways you're using the tools on Kamino in the comments!



Introducing Kamino Finance Part 0a: Intro to crypto & defi





Kamino
https://app.kamino.finance/
https://docs.kamino.finance/

Getting started in crypto
https://www.bulbapp.io/p/74de24ae-b4dc-4037-9125-17668a8cdc37/getting-your-head-around-the-crypto-space?s_id=bb2e14a8-6e52-4ae9-9631-c0813742b80c

See my Bulb profile for other articles on crypto and defi
Web3 blogging with Bulb
Join Bulb https://www.bulbapp.io?referral_code=mrhx9o
Me and a fellow Bulb-er, @Investigator515, are running an onboard contest on Zealy at them moment https://zealy.io/cw/bulbcommunityrush/invite/EuJmqhJLx_S0yIZUJefx9

Kamino explainer (from the always excellent @Investigator515)
https://www.bulbapp.io/p/73524f9f-663a-4347-8955-f75edeba366e/de-fi-on-solana-introducing-kamino?s_id=19225dc6-44a2-44cc-9771-fe854b1b6c6f
https://investigator515.substack.com/p/de-fi-on-solana-introducing-kamino

Token Explorers
https://coinmarketcap.com/
https://www.coingecko.com/

Jupiter
https://jup.ag/
https://station.jup.ag/




Introducing Kamino Finance Part 0b: Points and airdrops




Kamino Docs
https://docs.kamino.finance/kamino-points/overview




Introducing Kamino Finance Part 1:
JLP Market




JLP Market
https://app.kamino.finance/

Borrow/Lend docs
https://docs.kamino.finance/products/borrow-lend

Jupiter swap
https://jup.ag/swap/USDC-JLP

JLP on CMC
https://coinmarketcap.com/currencies/jupiter-perps-lp/

JLP Earn
https://jup.ag/perps-earn

JLP docs
https://station.jup.ag/labs/perpetual-exchange/jlp-pool

Jupiter Perps
https://jup.ag/perps

I did think of another use case after I did the video.
If you thought the price of JLP was going to go down, you could borrow the max (or near to) USDC against your JLP, hold that USDC (ideally in a yield bearing position) and then when the price of JLP fell swap into JLP to increase your JLP positions at a cheaper price.

This is essentially what is called β€˜shorting’. It’s not really, IMO, an effective way to do this, and could be quite expensive given the interest rates and does carry a bit more risk than other methods. But is another way to use this particular set of tools.




Introducing Kamino Finance Part 2: Main Market




Main Market in Borrow/Lend
https://app.kamino.finance/

Borrow/Lend docs
https://docs.kamino.finance/products/borrow-lend

Jupiter swap
https://jup.ag/swap/SOL-TBTC

tBTC CMC
https://coinmarketcap.com/currencies/tbtc-token/

Solana CMC
https://coinmarketcap.com/currencies/solana/

I do actually love you Bitcoiners. I make fun but you are the OG of OGs and I do respect that. A lot.




Introducing Kamino Finance Part 3: Altcoins Market




Borrow/Lend Altcoins Market
https://app.kamino.finance/

Borrow/Lend docs
https://docs.kamino.finance/products/borrow-lend

Jupiter swap
https://jup.ag/swap/USDC-EKpQGSJtjMFqKZ9KQanSqYXRcF8fBopzLHYxdM65zcjm

WIF CMC
https://coinmarketcap.com/currencies/dogwifhat/





Introducing Kamino Finance Part 4: Liquidity




Liquidity
https://app.kamino.finance/liquidity

Automated Liquidity docs
https://docs.kamino.finance/v/automated-liquidity

USEDCAR CMC
https://coinmarketcap.com/currencies/a-gently-used-2001-honda-civic/

POPCAT (SOL) CMC
https://coinmarketcap.com/currencies/popcat-sol/

POPCAT-SOL
https://app.kamino.finance/liquidity/9k53PMwaY2wJNhVJ9Hv2hjir24FLhXxywgXNDnsdBkUY

USEDCAR-SOL
https://app.kamino.finance/liquidity/5JUTFtaT5KVRxxZqBnkKmXr1Qbkis2YQyAkdjpCyvxpu





Introducing Kamino Finance Part 5: Multiply




Multiply
https://app.kamino.finance/lending/multiply

Multiply docs
https://docs.kamino.finance/products/multiply

Borrow/Lend
https://docs.kamino.finance/products/borrow-lend

jitoSOL CMC
https://coinmarketcap.com/currencies/jito-staked-sol/

SOL CMC
https://coinmarketcap.com/currencies/solana/




Introducing Kamino Finance Part 6: Long Short




Long Short
https://app.kamino.finance/lending/leverage

Long Short docs
https://docs.kamino.finance/products/long-short

Borrow Lend docs
https://docs.kamino.finance/products/borrow-lend

tBTC Short
https://app.kamino.finance/lending/leverage/7u3HeHxYDLhnCoErrtycNokbQYbWGzLs6JSDqGAv5PfF/D6q6wuQSrifJKZYpR1M8R4YawnLDtDsMmWM1NbBmgJ59/Hcz1o77tF9TpdEHcvrx29tz7SBKoQEwJA1wuJqGZYnTw





What are you using Kamino for?


I want to know how you're using Kamino and most importantly I'd like to know why you're using the way you are.
Hit the comments and share your strategies, hints, tips and experiences and let's all learn together.






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