Marinade Liquid Staking

[glam-mod]

• Domain: marinade.finance
• Docs

Overview:
Marinade is an automated staking solution on the Solana blockchain that strategically delegates SOL to a curated selection of top-performing validators. This optimizes staking rewards for users by leveraging Marinade's algorithmically designed strategies.

Liquid Staking: Users can opt for liquid staking by exchanging their SOL for mSOL, a liquid token representing a staked SOL. This token can be used as collateral across Solana's decentralized finance (DeFi) ecosystem. In this model, the value of mSOL appreciates relative to SOL with each epoch due to the accrual of Solana inflation rewards.

Liquid Staking: mSOL holders can convert their tokens back to SOL immediately, although this may incur a small fee.