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	0.03230USDT	-4,61%	25.155.584,00KMNO	16.320	0.03386USDT	0.03413USDT
2	KMNO-USDT KMNO_USDT	gateio	A	0.03223USDT	-4,67%	15.439.114,72KMNO	6331	0.03381USDT	0.03419USDT
3	KMNO-USDT KMNO_USDT	whitebit	BB	0.03231USDT	-4,38%	11.748.758,00KMNO	8261	0.03379USDT	0.03420USDT
4	KMNO-USDT KMNO-USDT	okex	A	0.03227USDT	-4,70%	10.935.667,00KMNO	4823	0.03386USDT	0.03417USDT
5	KMNO-USDT KMNOUSDT	bybit	A	0.03227USDT	-4,64%	10.307.949,82KMNO	6020	0.03384USDT	0.03413USDT
6	KMNO-USD KMNO-USD	coinbase	AA	0.03225USD	-4,67%	4.699.439,00KMNO	1292	0.03384USD	0.03404USD
7	KMNO-USDC KMNOUSDC	binance	AA	0.03223USDC	-4,76%	2.111.926,00KMNO	1758	0.03384USDC	0.03408USDC
8	KMNO-USDT KMNOUSDT_SPBL	bitget	BB	0.03228USDT	-4,53%	1.744.192,89KMNO	2015	0.03381USDT	0.03416USDT
9	KMNO-USDT KMNO-USDT	kucoin	BB	0.03234USDT	-4,57%	1.468.326,00KMNO	533	0.03389USDT	0.03410USDT
10	KMNO-USD KMNOUSD	kraken	AA	0.03225USD	-4,41%	808.814,49KMNO	608	0.03375USD	0.03395USD
11	KMNO-USDC KMNO-USDC	okex	A	0.03200USDC	-4,93%	366.518,40KMNO	121	0.03366USDC	0.03389USDC
12	KMNO-USD kmnousd	gemini	A	0.03253USD	-2,09%	158.080,25KMNO	252	0.03322USD	0.03378USD
13	KMNO-RLUSD kmnorlusd	gemini	A	0.03253RLUSD	-2,09%	158.080,25KMNO	252	0.03322RLUSD	0.03378RLUSD
14	KMNO-GUSD kmnogusd	gemini	A	0.03253GUSD	-2,09%	158.080,25KMNO	252	0.03322GUSD	0.03378GUSD
15	KMNO-EUR KMNOEUR	kraken	AA	0.02869EUR	-3,43%	141.286,59KMNO	25	0.02971EUR	0.03043EUR
16	KMNO-USD KMNO_USD	cryptodotcom	AA	0.03206USD	-5,78%	32.646,00KMNO	12	0.03403USD	0.03411USD
17	KMNO-EUR KMNO-EUR	okex	A	0.02865EUR	-13,05%	2158,90KMNO	1	0.03295EUR	0.03295EUR
18	KMNO-KRW KRW-KMNO	upbit	B	43,50KRW	-4,61%	12.991.666,68KMNO	724	45,60KRW	45,80KRW
19	KMNO-USDT KMNOUSDT	toobit	C	0.03229USDT	-4,69%	4.521.895,00KMNO	8945	0.03388USDT	0.03413USDT
20	KMNO-USDT KMNOUSDT	bitrue	D	0.03230USDT	-4,66%	2.729.814,00KMNO	4960	0.03388USDT	0.03413USDT
21	KMNO-USDT KMNO_USDT	bitunix	C	0.03225USDT	-4,67%	2.548.333,55KMNO	6521	0.03384USDT	0.03413USDT
22	KMNO-USDT KMNOUSDT	mexc	C	0.03228USDT	-4,81%	2.443.897,34KMNO	3310	0.03391USDT	0.03411USDT
23	KMNO-EUR KMNO-EUR	bitvavo	B	0.02887EUR	-4,00%	2.196.991,68KMNO	580	0.03008EUR	0.03027EUR
24	KMNO-USDC KMNOUSDC	mexc	C	0.03232USDC	-4,29%	1.671.426,63KMNO	3029	0.03377USDC	0.03408USDC
25	KMNO-USDT KMNO-USDT	bingx	D	0.03232USDT	-4,80%	1.629.638,41KMNO	6986	0.03395USDT	0.03453USDT
26	KMNO-KRW KMNO_KRW	bithumbkorea	-	43,34KRW	-4,89%	1.308.573,09KMNO	183	45,57KRW	45,57KRW
27	KMNO-USDT kmno_usdt	digifinex	D	0.03227USDT	-4,84%	708.209,27KMNO	6016	0.03391USDT	0.03410USDT
28	KMNO-THB THB_KMNO	bitkub	C	1,16THB	0,44%	49.331,67KMNO	16	1,15THB	1,16THB
29	KMNO-BRL KMNO-BRL	mercadobtc	C	0.1858BRL	0,18%	37.143,37KMNO	37	0.1855BRL	0.1940BRL
30	KMNO-IDR kmnoidr	indodax	E	590,00IDR	-6,79%	26.520,83KMNO	16	633,00IDR	728,00IDR
31	KMNO-USDT KMNO_USDT	cryptology	D	0.02209USDT	0,00%	0KMNO	0	0.02209USDT	0.02209USDT
32	KMNO-USDT USDT-KMNO	upbit	B	0.04031USDT	0,00%	0KMNO	0	0.04031USDT	0.04031USDT
33	KMNO-KRW kmno_krw	korbit	C	44,90KRW	-1,84%	3708,20KMNO	4	45,74KRW	45,74KRW
34	KMNO-USDC KMNO_USDC	backpack	C	0.03200USDC	-8,57%	2130,00KMNO	4	0.03500USDC	0.03500USDC
35	KMNO-BTC BTC-KMNO	upbit	B	0.0₆5100BTC	0,00%	0KMNO	0	0.0₆5100BTC	0.0₆5100BTC
36	KMNO-USDC KMNOUSDC	cube	D	0.02500USDC	0,00%	0KMNO	0	0.02500USDC	0.02500USDC
37	KMNO-USDT KMNOUSDT	hitbtc	E	0.02416USDT	0,00%	0KMNO	0	0.02416USDT	0.02416USDT