Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.
Solana-based DeFi protocol Kamino plans to airdrop its KMNO token in April after taking a snapshot of eligible users on March 31."The amount of points you have will contribute to the amount of tokens you will get," Thomas, a contributor to Kamino, said on aKamino is a platform for borrowing, lending and earning yield through various trading strategies on tokens in the Solana ecosystem.
The token will have a total supply of 10 billion of which 10% will be circulating upon its April debut. Another 7% of the total supply is earmarked for the"initial community distribution," according to Kamino. Kamino plans to continue airdropping tokens with subsequent airdrop"seasons." The second will begin in April with another airdrop likely occurring at a later date."Season 2 will emphasize loyalty & sustained usage of Kamino’s products," a tweet said.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Solsniffer Is The First Token Sniffer On Solana About To Set A New Security StandardCrypto Blog
Read more »
Why One Solana Builder Is Still Optimistic About the NetworkLucas Bruder, the CEO of Jito Labs, which builds infrastructure for Solana, says despite the outages, the blockchain still has a lot going for it.
Read more »
Solana's Second Phone Creates a Buzz; Could Bitcoin Reach $100K?'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as the price of bitcoin nears $50,000. On-chain data provider CryptoQuant predicts that BTC prices could touch $112,000 this year if the current trend of inflows related to spot exchange-traded funds (ETFs) continues.
Read more »
Bitcoin With a Monster Monthly Candle, Solana Explodes, Memes Soar: This Week’s RecapCrypto Blog
Read more »
Solana (SOL) Predicted to Make Major Gains Against Bitcoin (BTC)Solana is now the fouth-biggest cryptocurrency by market cap
Read more »
Crews double the size of the beach in Solana Beach, head next to EncinitasThe beach has been expanded from 75 feet to 150 feet, officials said
Read more »