If you are tired of the toxic slop on the Solana twitter timeline, I invite you to go back to the basics, at least for the weekend. And when it comes to Kamino, will stick to credit, borrowing and lending, bringing good assets on Solana and letting people make good use of them. So much more refreshing and so much easier to be proud of your work. And for non-toxic content, here’s a nice tweet that yours truly wrote in December and became an under appreciated, yet instant classic 👇
Most assets are naturally productive - so it makes sense we don’t let them sit idle. Historically, you can see why: cattle naturally bear offspring and land naturally yields crops. That’s why, in the past, anyone lending out cattle or land demanded repayment that included at least the natural yield - such as the new calves or the vegetables that would have grown. Things really clicked for me after learning about the cattle example and changed my thinking about how important it is to chase productive assets. Both JLP and USDC are productive assets that can be used in Kamino. JLP naturally earns yield from trader fees and liquidations, USDC earns from being lent out to borrowers.
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