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Overview

Kamino Curators create and manage lending infrastructure on Solana. Curators can deploy lending vaults that route depositor capital across reserves, or create lending markets that enable peer-to-pool borrowing and lending for specific asset ecosystems. Vaults accept a single deposit token, distribute capital across reserves according to your allocation weights and caps, and issue share tokens to depositors. You control allocation strategy, fee structure, risk parameters, and rewards distribution — all managed through manage.kamino.com. Markets are isolated lending environments with their own reserves, risk parameters, and oracle configurations. Market curators configure reserve parameters (LTV, liquidation thresholds, interest rate curves), manage oracle feeds, and set market-wide settings via the Kamino CLI.

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What You Can Do

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Vaults

Create Vaults

Deploy vaults with custom fee structures, deposit parameters, and security settings.

Manage Allocations

Distribute capital across lending reserves using relative weights, caps, and conditional allocation logic.

Configure Vault Rewards

Attach farms for reward distribution, autocompounding, and first loss capital buffers.

Earn Fees

Set performance and AUM fees on vault profits and total value, collected in the deposit token.

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Markets

Create Markets

Deploy isolated lending markets with custom risk parameters and reserve configurations.

Manage Reserves

Add reserves, configure LTV ratios, liquidation thresholds, and interest rate curves.

Configure Market Rewards

Set up collateral and debt farms to distribute rewards to depositors and borrowers.

Market Settings

Manage market-wide parameters, oracle configurations, and ownership via CLI.

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Getting Started

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For Vaults

1

Create a Vault

Configure your vault’s deposit token, receipt token, fees, and advanced parameters on manage.kamino.com. See Creating a Vault.
2

Complete Initial Setup

Configure allocations, parameters, allocation admin, transfer admin to a multisig, create vault farms. See Initial Setup.
3

Manage Ongoing Operations

Adjust allocations, update fees, manage rewards, and sync vault state as needed.

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For Markets

1

Create a Market

Deploy a new lending market using the Kamino CLI. See Creating a Market.
2

Add Reserves

Configure and add token reserves with LTV ratios, rate curves, and oracle feeds. See Initial Setup.
3

Transfer to Multisig

Transfer market ownership to a Squads multisig before going live. All subsequent operations use multisig mode.

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Reference

Vault Parameters

Complete reference for all vault, allocation, and farm parameters.

Vault Glossary

Definitions for key vault terms.

Reserve Parameters

Complete reference for all reserve configuration parameters.

Market Glossary

Definitions for key market and lending terms.
All vault operations are managed via manage.kamino.com and executed through Squads multisig. Market operations use the Kamino CLI with multisig mode after initial setup.