BlockBeats News, December 12, Kamino, co-founder of Solana's liquidity protocol, announced at the Solana Breakpoint conference that "we are about to launch a fixed-rate, fixed-term lending product. Users will be able to choose a rate and term, and execute their trades at that rate.
This mechanism allows institutions that need to determine the cost of financing to enter the market, while also enabling asset rotation strategies to capture a lockable stable yield spread.
We are collaborating with Fal X (one of the largest brokers in our market), and one key component is lending intentions—it allows both borrowers and lenders to place orders at their desired rates, thus achieving true on-chain interest rate price discovery and forming an on-chain yield curve."
