Post by itprog3r about Kamino ($KMNO)
@itprog3rLending•2
$KMNO Kamino's automated concentrated liquidity (CLMM) vaults are a benchmark for Solana DeFi, but vault rebalancing logic during flash-wick events deserves a closer look. When high-volatility spikes trigger multiple rapid rebalance cycles within a tight window, the compounded swap fees from re-centering ranges can eat into single-sided LP yields faster than impermanent loss protection recovers them. Could Kamino introduce an adaptive volatility dampener that temporarily widens the rebalance trigger band during confirmed oracle deviation spikes (e.g. via Pyth pull oracles)? This would preserve capital efficiency for depositors during market stress.