Hubble Protocol Launches Kamino Finance To Optimize Yields for Solana Liquidity Providers
Hubble Protocol, home of the USDH stablecoin, has launched Kamino Finance: the first concentrated liquidity market maker (CLMM) optimizer of its kind on the Solana blockchain. Kamino Finance, launching initially on next-generation decentralized exchange (DEX) Orca, will allow users to earn higher yields.
Kamino Finance builds on the advantages of CLMMs, which reduce slippage and facilitate larger trades by narrowing the price range at which users provide liquidity. By automatically adjusting positions so they are set in an optimum range to capture the most fees and provide the deepest liquidity, Kamino removes common pain points for CLMM liquidity providers (LPs). Kamino automatically compounds CLMM fees and rewards back into users’ LP positions.
Source
https://t.me/Bitcoin_Ethereum_Trading
