Meme Insider
Imagine parking your money in something as steady as a savings account—but instead of scraping by on 4% interest, you're pulling in over 50% APR. Sounds too good to be true? In the wild world of DeFi, it actually happened recently on Kamino Finance, a leading Solana-based lending and liquidity protocol. A savvy trader, known as @nftimm on X, shared his real-world results from a simple stablecoin loop that's turning heads in the crypto community.
Just three days ago, @nftimm deployed about $84,700 into the PRIME/CASH multiply loop on Kamino right before the pool hit its capacity limit. The outcome? A cool $305 in profit-and-loss gains plus $51 in $CASH token rewards. That's roughly $120 a day—translating to a whopping 51.7% annualized percentage rate (APR) on what should be a rock-solid, low-risk setup.
Let's break this down for anyone new to DeFi lingo. A "multiply loop" is like a turbocharged savings strategy: you deposit collateral (here, stablecoins), borrow against it, and redeposit the borrowed funds to amplify your exposure to yields. It's all automated on Kamino, minimizing the hassle and risks of manual looping. But what makes this loop special isn't the mechanics—it's the assets involved.
Enter $CASH and $PRIME, two tokens that bridge the gap between traditional finance and blockchain. $CASH is a stablecoin pegged to the U.S. dollar, designed for seamless on-chain transactions without the volatility drama. Paired with it is $PRIME, a token from Figure Technologies, a fintech pioneer in real-world assets (RWAs). Unlike speculative meme coins or hype-driven tokens, PRIME's yield is powered by genuine borrower interest from Figure's loan products—like home equity lines of credit (HELOCs) and consumer loans. Think of it as tokenized access to the steady cash flow from everyday people paying back their mortgages or personal loans.
As @nftimm put it in his X post: "A loop built on a stablecoin and an RWA yield source backed by actual borrower payments is about as close to 'institutional-grade safety' as DeFi gets." He's spot on. In a space often plagued by rug pulls and overleveraged gambles, this setup offers transparency and backing from real economic activity. No wonder the thread sparked buzz—replies ranged from excited newcomers dipping their toes in Kamino for the first time to veterans geeking out over "real yield" that doesn't rely on token emissions or Ponzi-like incentives.
Why RWAs Are DeFi's Next Big Thing
Real-world assets have been a hot topic in crypto for years, but 2025 feels like the breakout moment. With regulatory clarity improving and institutions like BlackRock dipping into tokenized funds, RWAs like PRIME are making DeFi more approachable for normies and pros alike. By tokenizing loan interest payments, Figure lets anyone earn a slice of traditional credit markets—without needing a bank account or a suit-and-tie broker.
On Solana, where Kamino thrives thanks to the chain's lightning-fast speeds and low fees, this integration shines. Users can enter positions with minimal slippage (though @nftimm noted adding in small batches to optimize), and the protocol's automation handles the rest. Current APRs fluctuate based on pool utilization and market conditions, but @nftimm's experience highlights the potential: stable, compounding returns that outpace even the boldest CeFi yields.
Of course, it's not all sunshine. DeFi always carries smart contract risks, and RWA tokens like PRIME depend on off-chain events (like timely loan repayments). But with audits, insurance options, and Kamino's battle-tested track record—handling billions in TVL—this loop feels as secure as it gets.
How to Get Started with Kamino's PRIME/CASH Loop
Ready to chase that 50%+ APR? Here's a quick, no-BS guide:
Connect Your Wallet: Head to app.kamino.finance and link a Solana-compatible wallet like Phantom or Backpack. You'll need some SOL for gas fees—keep it under $1 worth.
Fund Up: Swap USDC or another stable into $CASH via Jupiter or another DEX aggregator. Then, acquire $PRIME through Figure's marketplace or integrated swaps.
Enter the Loop: Navigate to the Multiply section, select PRIME/CASH, and input your deposit amount. Kamino's UI will suggest optimal leverage—start conservative if you're new.
Monitor and Claim: Rewards accrue automatically. Check your dashboard for PnL and $CASH emissions, and harvest them periodically to compound.
Pro tip: Pools like this can cap quickly due to high demand, so keep an eye on Kamino's X account for updates. And remember, while yields are enticing, always DYOR and never invest more than you can afford to lose.
The Bigger Picture: Memes Meet Mainstream Yields
At Meme Insider, we live for the chaotic energy of meme tokens—the dog coins and frog armies that capture the internet's wild side. But even in that meme-fueled frenzy, sustainable yields matter. @nftimm's PRIME/CASH play shows how DeFi is evolving: blending meme-like accessibility with RWA fundamentals for yields that stick around.
As one reply in the thread quipped, "real yield makes me feral." It's a reminder that in crypto, the best strategies aren't about moonshots—they're about smart, steady compounding. Whether you're a Solana maxi or just RWA-curious, Kamino's loop is worth a look. Who knows? Your next $120/day could start with a single deposit.
What do you think— is 51.7% APR the new normal for stable DeFi, or just a flash in the pan? Drop your takes in the comments, and follow us for more on meme tokens, RWA trends, and everything in between.
