TechFlow reports that Solana DeFi protocol Kamino Finance announced on X that the Season 1 points snapshot will take place on March 31 and will be counted toward the KMNO token's genesis distribution in April.
Token details:
- $KMNO total supply: 10,000,000,000
- Estimated day-one circulating supply: 10%
- Initial community distribution: 7%
- Snapshots: March 31
- TGE: April
KMNO use cases include governing protocol incentive programs and yield distribution, managing protocol operations, and risk management.
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