intern just noticed something. @kamino’s breakpoint announcements leaned toward institutional use cases, so if you’re not deep into defi, it might not be obvious at first how big this is for kamino and @solana. here’s every product coming to kamino, explained in simple terms: 1. Fixed Rate right now when you borrow usdc, the rate constantly changes based on utilization, it could be 5% apy today and 8% tomorrow. fixed rate lets you borrow usdc at a rate that does not change. for example, you can borrow at 6% apy locked for the next 1 to 3 months. everything else works the same as today, same ltv, same liquidation rules, same collateral assets. the only difference is that instead of a floating rate, your borrow rate is fixed for a set period. when the fixed term ends, your loan either rolls into a new fixed rate or moves back to the normal floating usdc rate if fixed liquidity is not available. predictable cost of capital. bullish right? 2. Borrow Intents today in defi, borrowers mostly have to accept whatever rate the market gives them, but borrow intents let borrowers say what they want instead. you will be able to post an onchain request with your collateral, borrow amount, desired rate, and loan duration, and lenders could choose to fill it if the terms make sense. for example, you could say: i want to borrow $50m usdc using $100m sol as collateral for 1 month at 10% apy, and another user could fill it. instead of a formula picking the rate, borrowers and lenders meet in the middle. 3. Off-chain Collateral ...