TechFlow News, Kamino Finance yesterday announced the vision for Kamino Lend V2, aiming to reshape Solana's lending landscape through novel primitives, powerful automation, and next-generation security infrastructure.
Kamino Lend V2 is built upon the V1 codebase and introduces two new primitives: a market layer and a vault layer.
-
The market layer enables modularity, allowing permissionless market creation;
-
The vault layer introduces automated single-asset lending vaults that aggregate liquidity across markets.
V2 will also launch a next-generation liquidation engine, including oracle mechanisms to prevent "scam wick" attacks and liquidation auctions.
Users will be able to switch between cross-asset and single-asset lending modes, while V2 introduces dynamic LTV and interest rate premium mechanisms.
In addition, Kamino plans to launch a spot leverage product, offering a more cost-effective long-term leveraged solution with target leverage, stop-loss, and take-profit mechanisms. Kamino Finance stated that Kamino Lend V2 aims to become the foundational layer for on-chain finance on Solana, with rollout expected to begin in Q4 2024.
