Kamino: Team KMNO tokens will unlock based on FDV milestones, future buybacks may be considered

November 3 - Michael Weisz, CEO of Solana liquidity protocol Kamino, published a post outlining KMNO's positioning and long-term plan. The goal is to capture approximately 10% of the tokenized real-world asset market in the short to medium term, reaching about 20% by 2030. Kamino's on-chain and off-chain revenue and intellectual property all belong to the Kamino Foundation, which has no shareholders. The foundation will invest at least $20 million over the next 24 months in products, partnerships, and team expansion, and may introduce buyback and burn and other arrangements supporting KMNO when financial capacity allows. Most KMNO will only unlock when the fully diluted valuation sustainably reaches progressive milestones of $1 billion to $10 billion, and the team will adopt a similar structure going forward.