
the first fixed rate loans on kamino have now completed their initial 30-day term at 5.3%, with the loans rolling straight into a new term at the same rate over the same month, variable USDC borrowers in the AUTO market paid an average of 7.6%, peaking at 9.5% on the $10M launch pool, that's a ~$230K a year saving for borrowers a fixed borrowing cost makes a loop's returns easier to predict, and 88% of borrowing in the AUTO market is now fixed rate
