SOL gets deposited into the vault, but the vault can't see your original wallet address. NEAR has launched a new gateway, allowing SOL from private accounts to be connected to the Kamino vault managed by Gauntlet. Privacy processing is added to the deposit path, but the underlying mechanism is still on-chain lending. The official website clearly states that returns are variable and not guaranteed, and funds will be transferred into third-party smart contracts. For products like this, it's recommended to check in two steps: what level of address association protection is provided, and what risks the underlying funds are exposed to. The questions of 'others can't see me' and 'is my money safe' need to be verified separately.