Zcash-backed credit goes live on Solana as Kamino launches an isolated ZEC market, letting ZEC holders supply collateral and borrow USDC against their positions

Kamino has launched a ZCASH Market on Solana, curated by AllezLabs, where ZEC holders can supply ZEC as collateral and borrow USDC in a fully isolated market. ZEC can be acquired on Solana by swapping directly through Kamino, and a contract address for the token was shared. A ZEC Multiply feature is also live, letting users borrow USDC against ZEC and loop back into the asset with up to 1.7x leverage in one click. Kamino notes that asset issuers and curators can launch custom isolated markets on the platform.

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