Kamino Debuts ZEC-Backed Borrowing on Solana Blockchain
Kamino has introduced a new borrowing mechanism on the Solana blockchain that allows users to borrow USDC backed by ZEC.
This innovation is designed to provide users with an opportunity to gain exposure through ZEC Multiply, curated by AllezLabs.
The ability to borrow USDC against ZEC or gain additional exposure through leverage is a notable addition to the existing DeFi offerings on Solana.
Kamino operates within the decentralized finance sector and focuses on innovative lending solutions, with Solana providing the necessary infrastructure for its services.