Post by selimreza about Kamino ($KMNO)
Explored Kamino’s Multiply vaults and automated lending facility on Solana.
Specific Observation:
The automated leverage rebalancing mechanism is intuitive, but the health factor slider does not visually account for potential oracle latency during extreme network congestion. If a user sets a health factor of 1.15, a 3-minute oracle delay could trigger an abrupt liquidation before auto-deleverage executes.
Constructive Suggestion:
1. Implement a visual "Congestion Buffer" overlay on the health factor bar that dynamically expands when Solana compute unit priority fees surge.
2. In the borrowing tab, display the historical 7-day average borrow APR alongside the current instantaneous rate to prevent users from over-leveraging during brief low-rate windows.
Question for the team:
How does Kamino's risk engine prioritize collateral liquidations between Pyth and Switchboard oracles when there is a divergent price feed during high-volatility events?
$KMNO is a gem!