Tom Wan: 13,300 addresses have claimed 637 million KMNO

21.co strategist Tom Wan said on the X platform that the Solana ecosystem composable automated liquidity management protocol Kamino Finance successfully issued the token KMNO, which,
13,300 addresses have claimed 637 million KMNOs;
The average airdrop amount is 5,000 KMNOs (300 USD).
375 million tokens are held in custody (37.5% of circulating supply/58% of claims).
Overall, I expect the protocol to continue to grow and continue to be the top three DeFi protocols on Solana for the following reasons:
1. Agile but cautious: They are able to back new tokens in lending or liquidity vaults. However, they also have strict risk controls to avoid bad debts.
2. Partnerships: Strong GTM built with protocols on Solana (e.g. Jito, Phantom, Backpack, Orca). Ultimately, you need a strong presence in the ecosystem to acquire new users.
3. Organic growth: Their TVL is also fairly stable, without a significant decrease, indicating an organic increase in the agreement (possibly also due to the cultivation of Q2 points).
4. Smart product strategy: Their product is based on whether the new product can have a synergy effect with the existing product. For example, Multiply and multi-empty products can be built on the basis of K-Lend, and both new and old products can benefit from it.