Kamino Finance to Pilot Off-Chain Collateral (assets not on blockchain) via Anchorage
According to a social media post, the pilot involves Solana Digital Asset Treasury Company (NYSE: HSDT) and will use Anchorage to enable off-chain collateral within Kamino’s offering.
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Summary
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Terms & Concepts
Off-chain collateral: Assets held outside a blockchain that are used as collateral for blockchain-based transactions or lending.
Crypto custody: Secure storage and management of digital assets by a third-party service provider.
Pilot program: A limited initial rollout to test a product or feature with select partners before wider launch.