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Marinade
Marinade is a Solana liquid staking protocol allowing users to stake with liquidity.
Marinade
What is Marinade?
Marinade is a liquid staking protocol built on the Solana blockchain. It allows users to stake their SOL tokens and receive mSOL tokens in return, which can be used in various DeFi applications. Marinade was created to simplify staking and enhance liquidity for Solana users.
Key features
- ✅ Instant Unstaking: Quickly access your funds.
- ✅ Automated Validator Selection: Optimizes staking rewards.
- ✅ Marinade Native: Direct SOL staking without mSOL.
What does Marinade do?
Marinade enables users to stake their SOL tokens without locking them up. By staking SOL, users receive mSOL tokens that can be traded, used in DeFi, or swapped back to SOL. Marinade manages the staking process by delegating tokens to over 100 top-performing validators, ensuring maximum rewards while maintaining decentralization. Additionally, Marinade offers instant unstaking and native staking options.
Why is Marinade unique?
Marinade stands out due to its liquid staking feature, allowing users to remain liquid while earning staking rewards. It provides a user-friendly interface and automated validator selection to optimize staking yields. Marinade also supports a wide range of DeFi integrations and is governed by its community through the Marinade DAO, ensuring transparency and decentralization.
Pricing
Marinade charges a 6% fee on staking rewards for its liquid staking service. There are no fees for depositing or unstaking if users wait for the end of the epoch. Instant unstaking incurs a fee ranging from 0.1% to 9%, depending on liquidity.
Frequently Asked Questions
Marinade is a non-custodial staking protocol on the Solana blockchain that allows users to stake their SOL tokens and receive mSOL, a liquid staking derivative.
Users stake their SOL tokens with Marinade, which delegates them to a diverse set of validators. In return, users receive mSOL tokens, representing their staked SOL plus accrued rewards, enabling participation in DeFi activities while earning staking rewards.
mSOL is a token representing your staked SOL and accrued rewards. It can be traded, used as collateral, or utilized in DeFi applications, providing liquidity while your SOL remains staked.
