Kamino Finance Overhauls Airdrop Rules After Backlash Over Point System

Kamino Finance is changing the rules for earning points for its upcoming KMNO token airdrop after backlash from users.

The new rules will give extra rewards to long-time "OG" Kamino users and reduce point incentives for newer users trying to game the system before the snapshot.

Kamino announced details of its airdrop tied to points earned through activities, leading to a spike in TVL as users piled in tokens to earn points.

Announcing the linear distribution model publicly and the snapshot date weeks in advance left Kamino vulnerable to gaming.

Key details are still lacking around the rewards for OG users and how they will be defined.