Kamino Finance, one of the fastest-growing decentralized finance (DeFi) protocols on the Solana network, is set to introduce a points program. This initiative is seen as a precursor to a potential future token airdrop, indicating a strategic move to incentivize participation and loyalty among its users. The exact details of the points program are yet to be disclosed, but it's expected to play a significant role in determining future airdrop allocations. Kamino, known for its vault products aimed at maximizing yields for liquidity providers in Solana-based DeFi trading venues, has also been working on a borrow-and-lend facility. The protocol's Total Value Locked (TVL) has impressively grown by 257% within a month, reaching nearly $50 million, making it one of the top protocols on Solana. This growth is partly attributed to the increasing popularity of gamifying usage and rewarding loyal clients with points, a trend observed across Solana protocols this year.
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