- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Marinade
About Marinade
Marinade, founded by Lucio Tato and launched in 2021, is a staking protocol on the Solana blockchain that offers both native and liquid staking with mSOL tokens. It aims to decentralize the network by distributing stakes to smaller validators and simplifies the crypto staking process for users. The platform is designed to enhance user experience in DeFi and promote cryptocurrency adoption by making staked assets liquid and accessible.
The $MNDE token within Marinade has multiple roles. It enables holders to participate in governance decisions, contributes to revenue generation through management and unstaking fees, and is involved in an MEV bandwidth marketplace, mTransaction. Additionally, locking $MNDE tokens grants veMNDE, aligning with the platform's DAO governance model. This makes Marinade a key player in the Solana ecosystem, offering effective staking solutions and community-driven governance.
Marinade is a staking protocol developed on the Solana blockchain, launched following a grant from the Solana ecosystem at the 2021 Solana Hackathon. It offers an automated staking strategy and the choice between native staking or liquid staking with mSOL (marinated SOL), a token that can be used throughout Solana's DeFi ecosystem. Marinade focuses on decentralizing the network by spreading stakes to smaller, reliable validators, thereby enhancing network security. Additionally, the platform aims to simplify the user experience in crypto staking and DeFi, making it as easy as a few clicks. Marinade also encourages the adoption of cryptocurrencies and creates opportunities in DeFi by making staked assets liquid and usable within the ecosystem.
Marinade Finance was founded by Lucio Tato.