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Kamino is two different places in this product.

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xStocks market — listed, not productive

TSLAx / GOOGLx / AAPLx reserves exist. Utilization is tiny, so supply interest is ~0%. Depositing TSLAx here does not create a carry. That is the hole Vanna documents in Why Vanna. lite_open can still CPI deposit_reserve_liquidity into a registered Kamino reserve when the strategy is same-asset. The admin stores program, market, reserve, vault, and collateral mint in LiteStrategyConfig so the user cannot point CPI at a random account.

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Main market — where yield actually is

Farm’s carry trade swaps leveraged stock proceeds into these reserves. The frontend calls Kamino’s permissionless deposit/redeem against this market. Addresses were verified by decoding live Reserve accounts, not by trusting Kamino’s REST list (that list returned multiple retired USDC reserves).

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Unwind

lite_reduce_redeem, lite_reduce_repay, and lite_reduce_and_repay redeem receipts, optionally Jupiter-swap back to the debt mint, and repay Vanna. Cross-asset close is one instruction when the route is passed in. See Lite instructions.