Kamino and NFTfi launch airdrop on April 30

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29 Apr 2024
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NFTfi lending project and DeFi protocol Kamino on Solana simultaneously announced an airdrop on April 30.
On April 26, Kamino Finance officially announced the schedule of KMNO token airdrop on April 30. Previously, the project conducted a snapshot airdrop season 1 in March and received anticipation from participants.

Airdrop criteria include:

  • Participants of the season 1 airdrop event: 7% (equivalent to 700,000,000 KMNO tokens).
  • Annual users: 0.5% (equivalent to 50,000,000 KNMO tokens).


KMNO allows owners to stake and have governance rights when the project establishes a DAO through voting. With a maximum total supply of 10 billion tokens, the platform's initial circulating supply is estimated to reach 1 billion KMNO tokens. Of that, 35% goes to the community and team, including 7.5% allocated to the airdrop event. 10% is for providing liquidity, 20% for core contributors.

On the evening of April 27, NFTfi announced to conduct an NFTFI token airdrop at 7:30 am on April 30. This airdrop will be reserved for individuals who meet the requirements of NFTfi including participants in the OG rewards program, seasons 1 and 2. Airdrop criteria are as follows:

  • OG point holders: 2% (equivalent to 40,000,000 NFTFI tokens).
  • Season 1 participants: 4% (equivalent to 80,000,000 NFTFI tokens).
  • Season 2 participants: 1% (equivalent to 20,000,000 NFTFI tokens).

Those eligible can receive airdrops from April 30 to June 10. After requesting, NFTFI tokens will be automatically staked and after 41 days new users can receive tokens with staking rewards.

Kamino Finance


Kamino Finance is a DeFi protocol that allows users to borrow and lend, provide liquidity and trade leverage on the Solana network. Through thorough UI/UX analysis, the project possesses a set of smart, high-performance features that meet the needs of investors in a single interface.
According to Defilama, Kamino Finance is the protocol with the 3rd largest TVL on Solana with $1.073 billion, behind Marinade and Jito.


NFTfi is a peer-to-peer NFT lending protocol that aims to provide a decentralized and neutral payment layer for NFTs. This helps increase liquidity for listed NFT collections.

NFTFI token has the main function of voting on governance proposals, deciding on future community activities and funds on NFT collateral, platform fees, token development.

NFTFI tokens are built according to Ethereum's ERC-20 standard, which has a maximum total supply of 2 billion tokens. The initial circulating supply of NFTFI tokens is estimated at 310 million tokens, accounting for 15.5% of the total supply. Of that, 7% will be allocated to users receiving airdrops, the rest will go to NFTfi Foundation and ecosystem development.

16.1% of the total NFTFI supply will be distributed to core contributors, 25% to the community and rewards. 23.3% of supply goes to NFTfi Foundation and ecosystem, 35.6% to investors.

In addition to the initial 15.5% of tokens unlocked, the rest will be unlocked linearly through the end of 2028.

Currently, NFT lenders on the NFTfi platform earn more than $ 15 million in profit from more than $ 550 million in total loan trading volume.

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