Doing DeFi at @kamino #solana, ex TradFi @CreditSuisse @SwissRe 🇨🇭🏴
Crypto Valley 🇨🇭
Joined November 2015
- Tweets20K
- Following3.7K
- Followers4.8K
- Likes25.9K
Backpack continually shipping gud tech & products
Their stocks are in the early innings but already taking the market by storm
Stoked to now via Kamino get more on chain utility for them!
Introducing the Backpack Market on Kamino.
Kamino is expanding loans backed by tokenized equity on Solana with @Backpack Securities, bringing 1:1-backed, redeemable tokenized U.S.-listed equities directly into onchain credit markets.
marky retweeted
💛
Introducing: EARN in Solflare
Your USDC can do more than just sit in your wallet.
Earn interest on your USDC – withdraw anytime.
Powered by @kamino, selected and reviewed by Solflare.
Ready to dive in? ↓
Solflare was one of the first Solana projects, and they’re not only still around, but thriving with an absolutely stellar wallet ecosystem
Earn via Kamino gives a simple DeFi yield to any idle USDC their users have
Great to join forces on this 🚀
Introducing: EARN in Solflare
Your USDC can do more than just sit in your wallet.
Earn interest on your USDC – withdraw anytime.
Powered by @kamino, selected and reviewed by Solflare.
Ready to dive in? ↓
marky retweeted
The Upshift Gamma USDC Vault is live on Solana, allocating across multiple RWA lending and Multiply strategies on Kamino.
Yield powered by Solana's most diverse credit layer.
Upshift Gamma USDC is live on @solana.
A native Solana USDC vault curated by @Gamma_Research_, opening with more than $7M in deposits.
Its initial strategy lends to and loops multiple RWA markets on @kamino.
marky retweeted
NEW POD
We cover:
– Why @kamino wants to be invisible
– Tokenization is useless w/o credit
– Why Goldman won't lend on private assets
– Why venture can't be collateral (yet)
– Why the CEO's upside is all solana:KMNo3nJsBXfcpJTVhZcXLW7RmTwTt4GVFE7suUBo9sS
@WeiszM @JasonYanowitz
TIMESTAMPS:
00:00 Intro
00:54 Why Leave Fintech For Crypto?
05:43 Why Join Kamino?
10:01 Kamino’s Vision For Onchain Finance
14:06 Who Owns The Customer Relationship?
17:13 Bringing Institutions Onchain: Four Pillars
23:34 Why Private Assets Need Onchain Credit
27:23 Which Assets Make Good Collateral?
33:27 Can DeFi Attract Top Asset Managers?
39:18 Running Kamino Like A Public Company
43:28 How Do Collateral And Liquidations Work?
46:45 Why Choose Tokens Over Equity?
50:05 Building Kamino’s Team
52:49 Final Thoughts
marky retweeted
Excellent article in the Wall Street Journal on Britain's unsustainable welfare spending:
— 7 million people (over 10% of the UK population) now claim at least one or more sickness or disability benefit. This is up 60% in the past 6 years.
— The UK will spend over £100 billion pound this year on sickness and disability benefits. This is projected to increase to £130 billion a year by 2030.
— No other Western country has seen such a rise in disability claims. In the US, 10.6 million people claim some form of federal disability payment, despite the population being 5x larger.
— 1 in 7 new cars sold in the UK are under the Motability scheme; however, only 10% of cars are modified for a disability. In one dealership, 25 out of 26 cars they sold in August were all under the Motability scheme.
— Charities, consultants, YouTubers and TikTokers have all sprung up, telling people how to maximise benefit access. Some of these videos receive hundreds of thousands of views. Over 1,000 people a day are signing on for PIP.
— According to a Government survey from 2024, 25% of the UK's working age population could theoretically be classed as disabled under the current criteria and access these benefits.
— A minimum wage worker who works 40 hours per week would take home around £1,880 per month after tax; however, if you are classed as too sick to work and claim PIP, you can take home £2,000 tax free per month.
wsj.com/world/uk/united-king…
marky retweeted
One slept-on RWA is @kamino's very own Institutional Commodity Yield vault (kicUSDC).
In short, the vault finances short-term commodity (copper) trades.
Example:
Bob contracts a $100 copper purchase.
At the same time, Bob enters a fixed-price agreement to sell that copper to for $105.
That's a $5 spread.
However, Bob wants to do this with millions, but he doesn't have the capital. So he gets financing from Kamino.
Kamino's vault finances Bob's transaction and earns a margin from that spread.
TL;DR: It's financing a pre-arranged trade where the purchase price and onward sale price are already fixed.
marky retweeted
$23M in new deposit capacity is available in Kamino’s Institutional Commodity Yield Vault.
Institutional Commodity Yield brings global commodity trade finance onchain through fully collateralized, short-term loans, averaging 7.6% APY over the past two months from interest paid by institutional borrowers.
next tweet show us how many holders this amazing growth consists of ;)
BREAKING: Avalanche is the #1 blockchain by tokenized stock growth
Avalanche added the most tokenized stock market cap of all chains in September at +$245.5M, led by Securitize.
marky retweeted
AUTO market crossing $100m, mostly with fixed rates and Commodities Yield Vault crossing $50m in the same week is special.
We worked extremely hard on both of these products and very happy to see both live and growing.
Both of them are net new products for DeFi, there was nowhere to draw inspiration from, both had to be designed from first principles.
$20M in additional wYLDS liquidity is now available for the AUTO/wYLDS Fixed Rate Multiply Vault.
Access up to 33% Max APY with a 6% fixed borrow rate for 30 days.
Auto Rollover is enabled by default, allowing eligible positions to roll into a new fixed-rate term at expiry without manual refinancing.
crazy gaslighting thinking people care about saving 50 quid when the whole country is going down the 🚽
You know that feeling when you book a flight for 50 quid and somehow it ends up costing 100?
Getting seats together, correcting a typo, another charge here and there, it all adds up.
When the cost of living is already squeezing people, those endless extras can feel relentless.
So we're changing the rules for you.
Parents won't need to pay a penny extra just to sit next to their own children.
You'll be able to fix any name errors on your booking free of charge.
And because the last thing you want once you're on the plane is more stress, we're working with the industry to make sure that disruptive passengers who have been banned from one airline can be banned from flying with other airlines too.
I know holidays are expensive and these are small things, but hopefully they'll make your trip just that little bit cheaper and easier.
That's exactly the kind of thing I want this government to keep on fixing.
The government takes no downside risk, yet claims a 36% cut of your gains (including paper gains) on capital that’s already been taxed as income 🤯
Insanity.
Punishing risk-takers like this is sure to drive capital out of the country. ofc then EU will be in an even worse state
Looking forward to being a catapult mentor!
This is a unique program & I expect to see some awesome new assets on chain especially with the right support system around them 🚀
(1/6) Introducing Catapult, our accelerator for founders bringing new yield-bearing RWAs onchain.
You bring the asset, and our team incubates, bootstraps liquidity, market-makes, and drives integrations across onchain markets through our curation arm, while leaders from 20+ top co’s shaping the RWA space mentor you along the way.
How to join ↓
