Do you remember when $PRIME was one of the hottest coins in the market in 2024?
Casual -99% drawdown https://t.co/YdxqW4gL0k
Do you remember when $PRIME was one of the hottest coins in the market in 2024?
Casual -99% drawdown https://t.co/YdxqW4gL0k
with lana, if you just ask: "what's kyle samani up to?"
it will tell you all of this, including the detailed defi strategy being done and how to also do it
gone are the days of needing tons of tools to sleuth onchain https://t.co/TW4pH6LS5a https://t.co/QCzzWLjlCG
KYLE SAMANI JUST LEVERAGED $10M WITH DEFI
Kyle Samani has loop-deposited a total of $10M worth of PRIME into Kamino Finance, and borrowed $8.6M USDC against it.
He’s paying a total of 39.4% APY on the USDC stablecoins, but he’s getting 56.4% APY with PRIME. Kyle Samani is a Solana DeFi power user.
According to Arkham monitoring, former Multicoin co‑founder and Forward Industries (FORD) board chairman Kyle Samani has, on Kamino Finance, used a circular deposit to place PRIME tokens worth a total of $10 million and borrowed $8.6 million USDC against it. He pays a total annual percentage yield (APY) of 39.4% on the borrowed USDC stablecoin, while earning a 56.4% annual yield on the PRIME tokens.
https://t.co/ujijC8viYK