Kamino Finance

Kamino is an automated liquidity solution, built on DEXs operating concentrated liquidity market makers (CLMMs). Liquidity providers (LPs) seeking increased capital efficiency can take advantage of Kamino’s automated market-making vaults to improve expected yield from fees and rewards.

CLMMs are exponentially more capital efficient than traditional automated market makers (AMMs). However, this efficiency comes at the cost of complexity, and users can rarely harness the full potential of providing concentrated liquidity due to:

• Price volatility Increased risk of impermanent loss (IL)
• Inefficiently set ranges
• Manually compounding fees/rewards
• Time-consumption

Kamino resolves these issues by actively managing your LP positions so you can “set it and forget it.” Kamino maximizes capital efficiency and yield through:

• Advanced market-making strategies
• Automated position rebalancing
• Auto-compounding fees/rewards
• Passive user participation (improved UX)

Additionally, Kamino gives you a fungible kToken instead of an NFT as a receipt for your deposit. This LP token will be whitelisted as collateral to borrow USDH in the near future.