1/ Kamino V2 Vault Highlight
With over $18M in deposits, the @SteakhouseFi Prime USDC Vault has become the dominant stable yield vault on Kamino Lend V2
Let's get into the data🧵
2/ Prime USDC has the most conservative mandate across any Kamino V2 Stablecoin Vault
Allocating USDC exclusively into the two most established markets on Kamino Lend—Main Market and JLP Market—the Prime USDC Vault is designed to offer simple, optimized yields
The vault rebalances automatically between the two markets, ensuring depositors are earning the best yield at any give time
At present, for example, the vault allocation is as follows:
3/ Earn Vaults generate yield via lending interest
However, instead of users having to manually move funds around to optimize their yields, Earn Vaults auto-allocate & auto-rebalance funds
Since launch, Prime USDC has generated over $60K in pure lending interest for users:
4/ Total active depositors into Prime USDC has been up and to the right, with 398 users currently deposited into the vault
Slowly, but surely, Prime USDC is establishing itself as the benchmark stablecoin rate on Solana
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