Use Cases for Kamino Finance
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 π) 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 βshortingβ. Itβs 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.