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title: “What makes it different from other lending platforms?”

It would be easy to tackle this answer with a simple problem and solution method-
  • Problem – On Kamino, lending returns are based on utilization rates and interest rate curves. When utilisation is low, a large portion of funds remain idle, leading to low APYs for lenders, while borrowers still pay high interest. This creates an APY spread where borrowers overpay and lenders under-earn.
    Solution – Paystream introduces a P2P matching layer that directly connects borrowers and lenders at optimised rates, eliminating idle capital and minimising the spread between borrowing and lending rates.
  • Problem – Kamino requires funds to be locked for a fixed duration, restricting lenders from accessing their capital when needed. This rigid structure doesn’t suit users with dynamic needs, such as freelancers, DAOs, or startups.
    Solution – In Paystream, lenders can withdraw anytime, even if their funds are currently borrowed, thanks to a dynamic liquidity system.
  • Problem – On Kamino, collateral supplied by borrowers remains idle, leading to capital inefficiency despite being overcollateralized.
    Solution – Paystream allows borrowers to earn yield on their collateral through streaming modules, turning locked assets into productive capital.     On platforms like Kamino and other PLFs, borrowers must lock up significantly more collateral than the loan they receive, often 150% or more. This capital inefficiency disincentivises borrowing for many real-world users (like DAOs, freelancers, or founders) who can’t afford to lock up idle capital just to access funds. Solution – Paystream reduces capital lock-up with streaming repayment + re-use of locked collateral Paystream enables borrowers to repay loans gradually through streaming, allowing for better liquidity management. Meanwhile, the collateral they lock is not idle; it is actively used to fund other lending positions, which generates yield. This unlocks value from locked collateral, effectively lowering the real collateralization ratio and improving capital efficiency.
  • Problem- On Kamino, liquidity providers face risks from impermanent loss and out-of-range positions, which impact yield stability. Solution- Liquidity providers on Paystream can earn both:
    • Trading fees and incentives from Kamino.
    • Interest from
    This diversification reduces reliance on volatile trading activity, not to mention Paystream integrates Kamino’s dynamic liquidation mechanisms with programmable repayment schedules, offering more borrower-friendly terms while protecting lender capital.
Paystream is not a competitor, as it uses PLFs like Kamino under the hood; it simply provides a way of getting better rates while having the same guarantee, the same liquidity that you already get on other platforms.