Algorithmic / under-collateralized stablecoin
Kamino Lend's assessment for RD-F-069 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Kamino Lend is a peer-to-pool lending protocol, not an algorithmic or under-collateralized stablecoin. All collateral is exogenous. Factor does not apply.
Detail #
Kamino Lend accepts exogenous collateral (SOL, LSTs, stablecoins, RWAs, BTC, JLP) and facilitates peer-to-pool borrowing. It does not issue an algorithmic or under-collateralized stablecoin. The protocol is not in the Terra/Luna class. Factor classification N/A per taxonomy PD-024 (lending-only factor) — but here specifically: not an algorithmic stablecoin design at all.
Sources #
- Docs00-profile.mdProtocol profile §5 — not a fork, original implementationretrieved 2026-04-27
Methodology #
Classify whether the protocol is an algorithmic or under-collateralized stablecoin design per curator classification.
See the full factor methodology and distribution across all protocols →