Skip to main content
Same-mint optimization means the asset mint does not change. In Earn today, the source and destination are both USDC positions. That matters because the system can compare USDC reserves without adding swap routes, quote risk, or a different stablecoin exposure.

​
The Problem With A Static Farm

Kamino reserves do not all pay the same rate forever. A reserve can raise its supply APY to attract liquidity, then cool down later. If your USDC stays parked in one reserve, it can miss those windows. Earn tries to capture more of the available market rate by moving only when the current route is allowed and useful.

​
How A Same-Mint Move Works

1

Read the current position

The system reads the Earn vault and the current Kamino obligation from chain state.
2

Compare approved reserves

It compares eligible Kamino USDC reserves using market data.
3

Require a positive edge

A move is considered only if the target reserve is better enough to justify action.
4

Check the policy

The selected route must match the active Earn policy before it can be submitted.
5

Withdraw and deposit

The route withdraws from the source USDC reserve and deposits into the target USDC reserve.

​
What Earn Does Not Do Today

  • It does not swap your Earn USDC into another token
  • It does not borrow against the position
  • It does not enter liquidity-provider positions
  • It does not rebalance just because a rate changed by a tiny amount
  • It does not bypass policy checks to reach a better-looking market
Skipping a move is normal. If the account state, policy, market data, or expected edge is not good enough, doing nothing is the safer result.