Kamino Learn(@kamino_learn):A PT (principal token) from @ExponentFinance, like @onrefinance's PT-ONyc, redeems for $1 of ONyc on its maturity date. Before maturity, a PT's market price moves with demand for fixed yield Kamino values PT collateral from a set yearly discount that shrinks in a straight line to $1 at maturity, and is not valued by the market price Market swings leave your borrowing limit unchanged, so you know exactly how your collateral value and LTV will move until maturity

Kamino Learn

@kamino_learn

Explore Kamino's products, strategies, & opportunities while learning how onchain lending and borrowing work. This account is for educational purposes only. NFA

Joined October 2025

80 Following 1.1K Followers

Kamino Learn@kamino_learn

2026.10.30 19:38

A PT (principal token) from @ExponentFinance, like @onrefinance's PT-ONyc, redeems for $1 of ONyc on its maturity date. Before maturity, a PT's market price moves with demand for fixed yield Kamino values PT collateral from a set yearly discount that shrinks in a straight line to $1 at maturity, and is not valued by the market price Market swings leave your borrowing limit unchanged, so you know exactly how your collateral value and LTV will move until maturity