Kamino Finance Brings Zcash Collateral Borrowing to Solana Blockchain

Kamino Finance has expanded its lending platform to include non-native and privacy-focused assets by launching a new borrowing market on the Solana blockchain.

The market allows users to use bridged Zcash (ZEC) as collateral to borrow USDC stablecoins, leveraging cross-chain bridges to bring ZEC onto Solana.

Kamino isolates ZEC collateral risk in a dedicated pool, enabling tailored loan-to-value ratios and liquidation rules to manage volatility.

The platform's Multiply feature also lets users amplify their ZEC exposure through automated leverage without needing centralized exchanges.