AUTO, a RWA asset backed by US auto loan yields, launches on Kamino
Foresight News reports that Kamino, a Solana ecosystem lending protocol, has launched AUTO. AUTO is an unpermissioned RWA (Real World Asset) supported by near-prime US auto loan yields. The product is initiated by auto loan underwriter Agora Data, supported by Figure Forge, issued on Solana by Hastra, and achieves composability through Kamino, with support from Chainlink data streams.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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