KAMINO - TUTORIAL COMPLETO - COMO FAZER EMPRESTIMO NA SOLANA!!

Summary

In this tutorial, the creator demonstrates how to use Camino, the largest lending platform on the Solana network. He walks through essential features like borrowing and lending, collateral management, and interest rates. He explains key terms such as Loan-to-Value (LTV) ratios, liquidity pools, and the risks of leveraging with borrowed assets. The video also highlights practical strategies for using borrowed funds to earn passive income by investing in liquidity pools with stablecoins. Additionally, the creator introduces features like token swaps and potential airdrops, emphasizing Camino's competitive advantages in the Solana ecosystem.

Takeaways

• 😀 Camino is the largest lending platform on the Solana network.
• 😀 The video provides a step-by-step tutorial on how to use Camino for borrowing and lending.
• 😀 You can use assets as collateral (e.g., Solana and USD) to borrow funds on Camino, with an LTV (Loan to Value) ratio of 40% in the example.
• 😀 If the LTV reaches 78%, liquidation of your assets could occur, so it's important to monitor the value of Solana.
• 😀 There are several markets on Camino, such as JLP, Egito, and the main Camino market, each with different assets you can use as collateral.
• 😀 The APY for lending (supply) is typically lower than the APY for borrowing, but strategic lending and borrowing can generate profits.
• 😀 The platform also allows liquidity pools (VTS), where you can earn passive income by participating in these pools with stablecoins.
• 😀 You can filter liquidity pools by TVL (Total Value Locked) and volume to find the most lucrative options.
• 😀 A higher risk option on Camino is using leverage (Multiply) to expose your assets to more risk for a potentially higher return.
• 😀 The 'Long' and 'Short' features allow you to leverage assets for more advanced strategies, with a maximum of 3x leverage.
• 😀 The tutorial also includes how to swap assets (like FD USD to USDC) and participate in liquidity pools with borrowed funds to earn higher returns.

Q & A

What is Camino and what does it offer?

Camino is the largest lending platform on the Solana network. It allows users to use their assets as collateral to borrow funds, as well as lend assets to earn interest. It offers various markets where users can engage in borrowing and lending activities with different assets.

What is a Loan-to-Value (LTV) ratio, and how does it work on Camino?

The Loan-to-Value (LTV) ratio is a measure used to determine how much a user can borrow against their collateral. On Camino, the LTV ratio represents the percentage of the borrowed amount relative to the total collateral supplied. For example, if you borrow $60 with a 40% LTV, it means the borrowed amount is 40% of the total collateral value.

What happens when the LTV ratio approaches 78%?

When the LTV ratio reaches 78%, the user’s position is at risk of being liquidated. To avoid liquidation, users need to monitor market conditions, such as a drop in Solana's price, to ensure their collateral is sufficient to cover the borrowed amount.

What types of markets are available for lending and borrowing on Camino?

Camino offers several markets including JLP, Egito, Main Market, Etena, and Altcoins. Each market has its own set of assets available for lending and borrowing. Some markets offer popular tokens like Solana, USDC, and USDG, while others cater to specific assets or tokens.

What is the difference between the APY for lending and borrowing?

The APY (Annual Percentage Yield) for lending is generally lower than the APY for borrowing. When lending, users earn interest on their supplied assets, while borrowing incurs interest payments. For instance, if lending USDG, users may earn 8% APY, while borrowing it could cost them 4% APY.

How does Camino’s liquidity pool work?

The liquidity pool on Camino allows users to participate in pools by supplying assets like USDC or USDS. These pools earn interest, and users can deposit their assets to participate in these pools and benefit from the accumulated yield. The pools are managed by Camino, which reinvests the fees generated into the liquidity pool.

What is the 'multiply' feature in Camino, and should users be cautious about it?

The 'multiply' feature on Camino allows users to leverage their positions with a multiplier of up to 6.2x. This is a riskier strategy, as it involves exposure to higher volatility. The user can gain amplified returns, but this also increases the chances of significant losses, so it’s not recommended for all users.

What is the 'long' and 'short' feature on Camino?

The 'long' and 'short' features allow users to take leveraged positions by borrowing assets to either go long or short. For example, a user could borrow Solana to go long on it or short it for profit. This is a more advanced and risky strategy that requires careful management.

How does borrowing funds and investing in a liquidity pool work together on Camino?

Users can borrow funds at a lower interest rate and then invest them in a liquidity pool with a higher yield. For example, a user can borrow $20 at 3% interest and invest it in a stablecoin liquidity pool earning 8.5% APY. This allows them to earn a profit from the difference in interest rates.

What are the risks of using the borrowing and lending system on Camino?

The primary risk is liquidation if the LTV ratio becomes too high. Additionally, leveraging positions through borrowing or using high-risk features like 'multiply' and 'long/short' can lead to amplified losses if the market moves unfavorably. It's important to carefully manage positions and stay informed about market conditions to minimize these risks.