Camino to invest at least $20 million over two years; KMNO compensation structure revealed

Kamino, the Solana-based lending and liquidity protocol, will commit at least $20 million (approximately 26.66 billion won) over the next two years to fund business expansion, according to a community letter from CEO Michael Weisz reported by ChainCatcher. The spending plan targets two growth vectors: broadening the range of supported collateral assets and extending Kamino's credit and liquidity infrastructure to more platforms. Kamino operates markets on Solana where users deposit collateral to borrow other assets, and it recently added support for four tokenized stocks issued by BackPack Securities as collateral for borrowing USDC. The commitment signals Kamino's push to deepen its position in Solana's DeFi lending market amid intensifying competition for collateral listings and integrations. Watch for announcements of new supported assets, platform integrations, and how the $20 million budget is deployed across incentives and development.