Kamino Finance launches KMNO token staking incentive mechanism

On April 30, Kamino Finance, a Solana ecosystem composable automated liquidity management protocol, introduced the details of the staking incentive mechanism for its native token KMNO in its official document. According to Kamino's staking rules, users can receive 3 times the protocol points reward for every $1 worth of KMNO they stake, and immediately receive a 30% base staking bonus. As the staking time increases, the user's staking multiplier will increase by 0.5% daily, and the total staking bonus can be up to 300%.