What is marinade finance?

Marinade Finance is a liquid staking protocol operating on the Solana blockchain. Users can stake the SOL token to earn compounding interest while helping to maintain decentralization throughout the Solana ecosystem. Also, by staking SOL tokens with Marinade Finance, users receive the liquid “Marinade staked SOL” (mSOL) token.

Will marinade finance appeal to institutional investors?

Marinade Finance contributors say the new service could appeal to institutional investors. Top Solana protocol Marinade Finance will support direct-to-validator staking of SOL tokens alongside its popular mechanisms for issuing mSOL, the liquid staking token (LST).

Does marinade finance support direct-to-validator staking?

Top Solana protocol Marinade Finance will support direct-to-validator staking of SOL tokens alongside its popular mechanisms for issuing mSOL, the liquid staking token (LST). The new service, called Marinade Native, eliminates the smart contract risk of swapping SOL for mSOL while preserving the expected yield of around 7%, developers say.

What is marinade & how does it work on Solana?

Marinade is the #1 TVL protocol on Solana helping 74,873 users stake for more than 2 years. The open source code has been audited by 5 security audit companies. Documented and transparent ownership structure with tokenholders and councils. Anybody can report a security vulnerability to get compensated.