Post by SolanaNotesTW about Kamino ($KMNO)

$KMNO — Kamino Earn: distinguish position value from immediately withdrawable liquidity

The Earn withdrawal guide says larger withdrawals may require recalling capital from reserves, and high utilization can delay availability. The vault mechanics page describes a typical 5-10% unallocated buffer. That percentage describes a shared vault buffer, not a personal withdrawal quota or guaranteed exit capacity.

Could the withdrawal preview show three separate figures: requested amount, amount supported by the current liquid buffer, and amount dependent on reserve liquidity? Include a timestamp or slot, because other depositors can consume the buffer before execution.

Illustrative example: a 1,000,000 USDC vault with 50,000 USDC unallocated has a 5% buffer. A 60,000 USDC withdrawal exceeds that buffer by 10,000 USDC, but might still complete if reserves have sufficient recallable liquidity. "Above buffer" should therefore not automatically mean "withdrawal unavailable."

Question for the team: when liquidity is insufficient, is the request queued on-chain, partially executable, or rejected so the user must retry? The user guide explains the liquidity dependency but does not specify these transaction outcomes.

A worked example and explicit retry/queue behavior would make "Withdraw" easier to interpret before depositing.

Sources (reviewed 7 Oct 2026):

https://kamino.com/docs/learn/lend/withdrawing-assets

https://kamino.com/docs/products/lending-vaults/how-it-works

AI-assisted documentation review; no deposit or withdrawal performed for this review.