DeFi lender Kamino Finance announced that its “Season 3” reward program has ended. This May, the protocol will airdrop 350 million Kamino (KMNO) tokens to eligible users. The distribution is worth approximately $26 million at the crypto’s current value.
Are You Qualified for Season 3 Airdrop?
The airdrop represents 3.5% of the KMNO token supply and will follow the protocol’s linear distribution model, which rewards ongoing product usage and staking. Throughout Season 3, Kamino generated $72.9 million in interest for its users. The additional KMNO distribution translates to an extra $26 million of yield.
The main criterion for more rewards in Season 3 is KMNO staking, which multiplies points earned through protocol usage. Stakers received over a 200% boost to their points totals throughout the season. This means disciplined staking behavior can nearly triple a user’s airdrop allocation under Kamino’s points-based rewards system.
To facilitate token claims, Kamino has launched the “Season 3 allocation checker’ on its platform. The forthcoming claim window will activate in the coming days, and all distributions will be fully unlocked and automatically staked. Interestingly, there will be no lock-up period, which allows users to unstake at any time after claiming.
According to the official announcement, an update with more claims-related information will surface soon directly from Kamino’s official X (formerly Twitter) account. The protocol warned users to remain vigilant against phishing and scam attempts.
What to Expect in Season 4
With the conclusion of Season 3, Kamino is already preparing for Season 4. It promises a “completely new approach” to reward allocations. The team claims the next reward phase will focus on transparency and align with product growth.
During Season 4, the lending platform will focus on the launch of Kamino Lend V2, which will go live soon. The upcoming points system will expand to cover Kamino Swap usage and real-world assets (RWA) markets. Notably, the protocol aims to lead Solana DeFi into new asset classes and drive substantial growth across its entire product suite.
Other Reward Opportunities in Solana
Solana’s ecosystem now extends reward programs beyond traditional staking and yield farming. Raydium’s LaunchLab has a “Burn & Earn” model that lets creators lock LP tokens to earn ongoing trading fees. Beyond fee sharing and periodic RAY rewards, its referral system rewards promoters with 0.1% of swap volume.
Its rival, Pump.fun, recently introduced a creator revenue-sharing program that pays 0.05% in SOL for each trade on a creator’s token. Additionally, the platform has hinted at a future airdrop for active users, suggesting that early engagement could yield additional token rewards.
Meanwhile, purchasers of the original Saga smartphone and the forthcoming Seeker device unlocked several airdrops. Saga owners claimed cumulative airdrop values exceeding $1,400, surpassing the phone’s initial cost. Seeker presale buyers have also received airdrops worth over $500 and are still expecting more, as device shipment will begin soon.
