Marinade | Staking dApp
Marinade.Finance is a project that offers a non-custodial way to stake SOL and get mSOL tokens that can be used in DeFi. It aims to help decentralize the Solana network, spread …
Last updated
Marinade.Finance is a project that offers a non-custodial way to stake SOL and get mSOL tokens that can be used in DeFi. It aims to help decentralize the Solana network, spread …
Last updated
Marinade is a stake automation platform that monitors all Solana validators and delegates to 100+ of the best-performing ones. Optimize your SOL staking rewards by using Marinade's automated strategy designed by the core team. Users of Marinade can choose between staking natively or liquid stake SOL for mSOL, a liquid staking token. Either option stakes your SOL with the same set of high-performance validators.
Liquid staking utilizes a smart contract that gives the staker mSOL ("marinated SOL"). These tokens can be used as collateral throughout Solana DeFi.
When liquid staking SOL for mSOL, the price of mSOL goes up relative to SOL each epoch with Solana inflation rewards being accrued into the underlying staked SOL in the Marinade stake pool.
When using Marinade Native, there is no interaction with the liquid staking smart contract and you do not receive mSOL. Your SOL staking rewards are compounded into your stake account each epoch.
You can withdraw your SOL by unstaking and waiting for the unlock period (1-2 epochs) or, if liquid staking, immediately for a small fee (see our FAQ).
You don't need to unstake your staked SOL in order to stake with Marinade. The Marinade dApp enables users to redelegate their SOL stakes instantly to the pool of validators and start receiving rewards from Marinade's native or liquid stake.