Kamino wallet

What is Kamino (KMNO)?

Kamino began as a way to run concentrated liquidity positions on Solana without managing them by hand, and grew into a protocol that puts lending, liquidity and leveraged positions under one roof. KMNO is its governance token: it carries voice over protocol parameters and direction, and it can be committed to the protocol's governance staking, which is an action you take deliberately rather than something that happens because you hold the token.

What holding it involves

KMNO is an SPL token, so it sits in a token account attached to your Solana address, and that account carries a small refundable SOL rent deposit. Transfers and any governance interaction also spend SOL. Keep some there or the balance is immobile.

A point of confusion worth noting: KMNO is not the same as a Kamino vault or lending position. Deposits in the protocol are represented by their own tokens and receipts, tracked separately from your KMNO holding, and moving KMNO does nothing to a position you have open.

Supported networks in Tangem (1): Solana. The key that controls a governance holding is one you may use a handful of times a year, so it is generated inside the card's secure chip and stays there, with a second card kept apart as your backup and a seed phrase left as an optional extra rather than a requirement. Rarely touched keys are the ones people lose, and a card removes most of the ways that happens to a KMNO holder.