In accordance with Bijing.com, Kamino, a leading Solana lending protocol, has faced criticism for implementing a code-level block that prevents users from transferring funds to Jupiter Lend via its 'refinance' tool. Critics, including members of the Jupiter team, argue that the move violates open finance principles, while others note that Jupiter Lend itself has not yet open-sourced its code. Amid the controversy, Jupiter Lend's total value locked (TVL) has approached $1 billion, with its market share growing, while Kamino's TVL in USD has dropped by 20.72%.
Kamino's Refinance Restriction Sparks Debate on Open Finance Principles
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