The Solana ecosystem is welcoming new developments. Kamino, an important protocol for on-chain liquidity management, has recently completed integration with the USD1 stablecoin. What does this mean? Users can now directly use USD1 as collateral to perform lending and borrowing operations within the Solana ecosystem — a good option for traders and projects that need liquidity.
USD1 is a dollar-pegged stablecoin launched by the DeFi protocol World Liberty Financial. As a participant in the Solana ecosystem, if you hold USD1, you can now improve capital efficiency through Kamino's liquidity management features. This kind of integration is becoming increasingly common on Solana — interoperability and composability between different protocols are making the ecosystem more flexible and efficient. For Solana and DeFi players, having an additional stablecoin option and use case is always beneficial.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
4
Repost
Share
Comment
0/400
BearMarketMonk
· 15h ago
Another stablecoin? The Solana ecosystem is getting much more crowded.
---
Kamino integrates USD1... Basically, it's just adding another collateral, but how many can actually be used?
---
World Liberty's USD1 sounds like another scheme to harvest users' funds.
---
There are more and more liquidity management protocols, but have users really made money?
---
Looking at the thriving ecosystem, it's actually just accumulating risks.
---
Having an additional stablecoin option is good, but the premise is that this coin must survive.
---
Solana's combination punches are quite frequent. The ecosystem's popularity is there; now it's just a matter of how long it can last.
View OriginalReply0
RugResistant
· 15h ago
kamino x usd1... lol, another stablecoin integration nobody asked for. ngl, need to dig deeper into world liberty financial's audit history before touching this. seen too many "promising" collateral plays go sideways
Reply0
GateUser-9f682d4c
· 15h ago
Another stablecoin integration, the Solana ecosystem is really heating up
There are so many stablecoins that they are endless, just not sure how long USD1 can survive
Kamino integrates USD1, and liquidity mining has new tricks
This round of Solana ecosystem integration feels much more intense than before
It's both lending and collateralization, is DeFi gaming that simple?
Having one more option isn't necessarily a good thing; the concern is it might end up as a zombie coin
Seize this wave of opportunity, brothers, but still be cautious
View OriginalReply0
UncommonNPC
· 15h ago
Another stablecoin? The Solana ecosystem is really competitive; it feels like new things are coming out every week.
The Solana ecosystem is welcoming new developments. Kamino, an important protocol for on-chain liquidity management, has recently completed integration with the USD1 stablecoin. What does this mean? Users can now directly use USD1 as collateral to perform lending and borrowing operations within the Solana ecosystem — a good option for traders and projects that need liquidity.
USD1 is a dollar-pegged stablecoin launched by the DeFi protocol World Liberty Financial. As a participant in the Solana ecosystem, if you hold USD1, you can now improve capital efficiency through Kamino's liquidity management features. This kind of integration is becoming increasingly common on Solana — interoperability and composability between different protocols are making the ecosystem more flexible and efficient. For Solana and DeFi players, having an additional stablecoin option and use case is always beneficial.