Multicoin co-founder invests $10 million through DeFi leverage operations

PRIME-3,78%
USDC0,01%

Gate News message. On March 30, according to Arkham monitoring, Multicoin co-founder Kyle Samani deposited PRIME with a total value of $10 million into Kamino Finance, using it as collateral to borrow $8.6 million in USDC. He earns a 39.4% annualized return paid in USDC, but PRIME earns a 56.4% annualized return. Kyle Samani is a veteran user of Solana DeFi.

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