The Multicoin co-founder invested $10 million using DeFi leverage
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According to Odaily, Arkham monitoring shows that Multicoin co-founder Kyle Samani has continuously deposited PRIME worth a total of 10 million USD into Kamino Finance, and used it as collateral to borrow 8.6 million USD in USDC. He pays a 39.4% annualized interest rate on the USDC, but earns a 56.4% annualized return on the PRIME. Kyle Samani is an experienced Solana DeFi user.
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