Kamino, a modest platform adrift in the vast Solana market, announced that its lending feature, Kamino Lend, has been formally verified by Osec. This marks the project’s fourth formal verification, a quiet refrain in the draughty corridors of safety. The boast of a “gold standard” for safety lands with a little irony, like a pompous neighbor who forgets to take off his hat at the door. 😂
As per Kaminos X thread, the verification came after six months of work with Osec, where engineers tested Kamino’s main functions: deposit, withdraw, borrow, and repay. They confirmed that each function works correctly and keeps the system stable in all situations. Osec also verified that if a user’s position starts in good health, no action they take can make it unsafe-a comforting superstition for those who prefer numbers to nerves. 🤔
1/ With ceremonial gusto we report that Kamino Lend has been formally verified by @osec_io – four verifications now on the ledger. A quiet nod to reliability in the sawdust-scented halls of Solana DeFi. Open source, 18 audits, 4 verifications-what a tidy tally.
– Kamino (@kamino) October 9, 2025
Reinforcing trust through math and transparency
Kamino noted that this new verification adds to an earlier one by Certora, which confirmed that its lending system works correctly. Together, the two checks cover how Kamino is built and how it runs, creating a stubbornly cheerful example for safe lending on Solana. Since launching in September 2022, Kamino has operated without any security issues, bad debt, or hacks-a record that sounds almost too neat to be true, like a stage prop pretending to be a miracle. 🧾
Kamino also said it has already gone through 18 security audits and runs on code that anyone can check publicly. On October 6, the platform also launched a $1.5 million bug bounty with Immunefi, giving security experts a chance to find and report any weaknesses in its system. Depending on the severity of the issue, researchers can earn up to 10% of the affected funds, with the highest rewards potentially reaching $1.5 million. A sum that makes auditors nod and patrons say, “Well, perhaps they mean it this time.” 😂
1/ In cahoots with @immunefi, Kamino announces the most generous bug bounty in Solana DeFi-up to $1.5M. A polite tremor of progress, perhaps, in Kamino’s security theater 🧵
– Kamino (@kamino) October 6, 2025
Expanding security frontiers
Kamino operated self-hosted bounties for three years before working with Immunefi, enhancing protocol safety. Through this new partnership, Kamino’s contracts will now be tested by one of the largest global security researcher networks. “This partnership places Kamino’s contracts before the broad, tireless eyes of the industry,” the announcement read, which sounds reassuring and a touch like invitation to a crowded party. 🕵️♂️
According to CoinMarketCap, Kamino Finance is currently priced at $0.072693, with a 24-hour trading volume of $17.1 million. The token has declined 1.42% in the past 24 hours-a small reminder that even safety checks can’t quite silence the market’s mood. 📉
Kamino’s security checks and reward programs show its strong focus on keeping users safe and building trust in Solana DeFi. A quiet drama of numbers, a file cabinet of assurances, and a rumor that perhaps this time the door will stay closed a little longer.
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2025-10-10 11:39