Andy Walton

3 days ago I put ~$84.7K into the PRIME/CASH Multiply Loop on @kamino before the pool capped. Across those 3 days the position generated: • $305.22 in PnL • $51 in $CASH rewards ~$120/day. 51.7% APR. On a stable loop. • $CASH is a stable-coin. • PRIME is even simpler: its yield comes from real borrower interest on real Figure-originated loans (HELOCs and other consumer credit). Clean on-chain access to traditional credit cashflows. A loop built on a stablecoin and an RWA yield source backed by actual borrower payments is about as close to “institutional-grade safety” as DeFi gets.

nftimm's tweet photo. 3 days ago I put ~$84.7K into the PRIME/CASH Multiply Loop on @kamino before the pool capped.

Across those 3 days the position generated:
• $305.22 in PnL
• $51 in $CASH rewards

~$120/day.
51.7% APR.
On a stable loop.

• $CASH is a stable-coin.

• PRIME is even simpler: its yield comes from real borrower interest on real Figure-originated loans (HELOCs and other consumer credit).

Clean on-chain access to traditional credit cashflows.

A loop built on a stablecoin and an RWA yield source backed by actual borrower payments is about as close to “institutional-grade safety” as DeFi gets.

108

13K

Andy Walton @andywalton

7 months ago

@asif_web3 Framer

andywalton retweeted

Cheryl Chan

@cheryldchan

7 months ago

今天特别开心，终于和大家正式打个招呼, 混个眼熟! (bushi (有请求团队的小伙伴帮我纠正中文的措辞, 至少让我看起来不要笨笨的) 我是Cheryl, 是在新加坡的华人，之前一直在传统金融做投资，尤其关注 ADR, H 的科技股后来我加入了dragonfly capital 的新加坡团队今年，我来到了 @kamino , 作为战略负责人, 前几周也跟着Solana团队一起在深沪杭高强度跑会! 也高强度吃蟹黄拌面🤣 这个心态和身份的转变确实很不一样!! 从看项目的人，到亲手搭建产品的人，很奇妙，就像绕了一圈又回到了梦开始的地方, 更加深入一线, 接触到真实的社区和用户我一直很认同 Solana 的愿景，也特别欣赏 Lily 的魄力与格局。Solana不仅快、稳、体验流畅，更有一种早期互联网行业的纯粹和亲切, 一切都在为创新/便捷而服务. Kamino这几年一直专注在借贷赛道上深耕，也慢慢做到了领先位置。我们团队一直不太张扬，更喜欢埋头做事, 这也是我选择进入Kamino的原因这次特别感谢 @calilyliu @Solana_zh 的邀请，让我有机会跟着路演团队一路特种兵行程。幸运地结识了像 @KuiGas @BitWu @momochenming 这样优秀的同行, 即使饭都吃完了, 还一起站在饭桌旁探讨行业经验, 请教建议(疯狂学习) 另外还见到了很多对区块链充满热情的资管, 机构和上市公司和大家的每一次交流，都让我特别受启发。我们聊“互联网资本市场”的未来，也聊区块链到底能为传统金融带来什么样的改变。每一座城市的现场氛围、每一位建设者眼里的光，都让我真切地感受到一种涌动的能量，和一份扎实的期待。早在 Dragonfly 的时候，我就非常看重中文用户和本地生态。现在在 Kamino，我也提出新的战略布局, 继续深耕中国市场!! 我们会推出更多接地气的中文内容，和 KOL 们一起玩起来，多做有趣的社区活动，希望让更多人能轻松理解并用上 Kamino 的产品。我们也正在积极寻找对中国市场有热情、愿意一起打拼的伙伴，欢迎你来加入或者和我们合作！期待和你一起，把这件事做得有温度、也有回响。💛 一路向前，期待下次中国再见！🇨🇳

cheryldchan's tweet photo. 今天特别开心，终于和大家正式打个招呼, 混个眼熟! (bushi

(有请求团队的小伙伴帮我纠正中文的措辞, 至少让我看起来不要笨笨的)

我是Cheryl, 是在新加坡的华人，之前一直在传统金融做投资，尤其关注 ADR, H 的科技股

后来我加入了dragonfly capital 的新加坡团队

今年，我来到了 @kamino , 作为战略负责人, 前几周也跟着Solana团队一起在深沪杭高强度跑会! 也高强度吃蟹黄拌面🤣

这个心态和身份的转变确实很不一样!! 从看项目的人，到亲手搭建产品的人，很奇妙，就像绕了一圈又回到了梦开始的地方, 更加深入一线, 接触到真实的社区和用户

我一直很认同 Solana 的愿景，也特别欣赏 Lily 的魄力与格局。Solana不仅快、稳、体验流畅，更有一种早期互联网行业的纯粹和亲切, 一切都在为创新/便捷而服务.

Kamino这几年一直专注在借贷赛道上深耕，也慢慢做到了领先位置。我们团队一直不太张扬，更喜欢埋头做事, 这也是我选择进入Kamino的原因

这次特别感谢 @calilyliu @Solana_zh 的邀请，让我有机会跟着路演团队一路特种兵行程。幸运地结识了像 @KuiGas @BitWu @momochenming 这样优秀的同行, 即使饭都吃完了, 还一起站在饭桌旁探讨行业经验, 请教建议(疯狂学习)

另外还见到了很多对区块链充满热情的资管, 机构和上市公司

和大家的每一次交流，都让我特别受启发。我们聊“互联网资本市场”的未来，也聊区块链到底能为传统金融带来什么样的改变。每一座城市的现场氛围、每一位建设者眼里的光，都让我真切地感受到一种涌动的能量，和一份扎实的期待。

早在 Dragonfly 的时候，我就非常看重中文用户和本地生态。现在在 Kamino，我也提出新的战略布局, 继续深耕中国市场!!

我们会推出更多接地气的中文内容，和 KOL 们一起玩起来，多做有趣的社区活动，希望让更多人能轻松理解并用上 Kamino 的产品。
我们也正在积极寻找对中国市场有热情、愿意一起打拼的伙伴，欢迎你来加入或者和我们合作！期待和你一起，把这件事做得有温度、也有回响。💛
一路向前，期待下次中国再见！🇨🇳

176

29K

Who to follow

Athletics Africa

@athleticsafrica

Award-winning digital platform for track and field, athletics, road and mountain running news, events information, results data, images and videos from Africa.

Alan Alston

@AlanAlston

I work with code, content, and compute. In a browser. On the internet. Solving problems. Finding solutions. That matter.

andywalton retweeted

8 months ago

Kamino Swap is the most advanced swap aggregator on Solana. 10 routes aggregated, RFQ, active price simulations. And, of course, zero fees, hidden or otherwise.

21K

andywalton retweeted

Marius | Kamino

@y2kappa

9 months ago

September 19-26 liquidations update: Some stats: - 1773 liquidations, 580 loans, 88 liquidators - $5.8m collateral redeemed - 0.12% avg. liq bonus* as % of collateral (all loans) - 0.07% avg. liq bonus as % of collateral (SOL loans) As one of the more painful events of the last few months, I am pleased to say that the liquidator infrastructure performed extremely well once again with very little pain to the borrowers while giving lenders peace of mind. First things first, this was a brutal drawdown as we fell from the DAT narrative peak, but, in reality the smallest drawdown of this bull (-24%). The liquidation infrastructure and the liquidation participation in Kamino looks really competitive - 88 wallets participated in liquidations with extremely quick responses (measured as % from liquidation point). This week is an extremely illustrative example of why liquidating more at once (higher close factor) is better for the borrower. As we are standing at the bottom of the recent range, having liquidated loans when SOL was $240 means they sold the top and lost much less capital. On the other side, health-based liquidation bonus ensured that liquidators showed up to offer peace of mind to lenders. In practice, a health-based liquidation bonus acts as an auction - making the process competitive but not unprofitable, just the right balance to ensure liquidators do show up. This competition for liquidations makes it better for both borrowers (low bonus) and lenders (high availability). Finally, a view on how the liquidation bonus was calculated between collateral types: SOL collateral -> All collateral -> Overall, looks extremely good and this is even before more updates, currently being tested in our staging environment, are pushed. I keep thinking of the best way to run liquidations that achieves the best outcome across a set of dimensions: borrower relief, lender peace of mind, liquidator availability and speed, across all scenarios - small dips and heavy fast drawdowns - and I think health-based bonuses on partial liquidations is one of, if not the most, optimal method. As a SOL bull this was personally painful, but most people had partial soft unwinds to their position at elevated prices. (*avg liq bonus means the liquidation bonus paid at that liquidation event as % of the total collateral of the position)

y2kappa's tweet photo. September 19-26 liquidations update:

Some stats:
- 1773 liquidations, 580 loans, 88 liquidators
- $5.8m collateral redeemed
- 0.12% avg. liq bonus* as % of collateral (all loans)
- 0.07% avg. liq bonus as % of collateral (SOL loans)

As one of the more painful events of the last few months, I am pleased to say that the liquidator infrastructure performed extremely well once again with very little pain to the borrowers while giving lenders peace of mind.

First things first, this was a brutal drawdown as we fell from the DAT narrative peak, but, in reality the smallest drawdown of this bull (-24%).

The liquidation infrastructure and the liquidation participation in Kamino looks really competitive - 88 wallets participated in liquidations with extremely quick responses (measured as % from liquidation point).

This week is an extremely illustrative example of why liquidating more at once (higher close factor) is better for the borrower. As we are standing at the bottom of the recent range, having liquidated loans when SOL was $240 means they sold the top and lost much less capital.

On the other side, health-based liquidation bonus ensured that liquidators showed up to offer peace of mind to lenders. In practice, a health-based liquidation bonus acts as an auction - making the process competitive but not unprofitable, just the right balance to ensure liquidators do show up. This competition for liquidations makes it better for both borrowers (low bonus) and lenders (high availability).

Finally, a view on how the liquidation bonus was calculated between collateral types:

SOL collateral ->

All collateral ->

Overall, looks extremely good and this is even before more updates, currently being tested in our staging environment, are pushed.

I keep thinking of the best way to run liquidations that achieves the best outcome across a set of dimensions: borrower relief, lender peace of mind, liquidator availability and speed, across all scenarios - small dips and heavy fast drawdowns - and I think health-based bonuses on partial liquidations is one of, if not the most, optimal method.

As a SOL bull this was personally painful, but most people had partial soft unwinds to their position at elevated prices.

(*avg liq bonus means the liquidation bonus paid at that liquidation event as % of the total collateral of the position)

andywalton retweeted

Marius | Kamino

@y2kappa

9 months ago

On fuzzing / property based testing: - There is something special about just throwing thousands and thousands of inputs at a function and seeing that it works well. - It’s the Proof of Work equivalent of Formal Verification - Few things are as satisfying as increasing the number of iterations on generative property based tests and coming up with invariants to assert. - Without the property based tests libraries, I probably would have never fully switched to Rust, years ago. Weird inflection point. Anyway, this analysis brings me a lot of joy. Check out the results 👇