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Welcome to Marinade
The best place to stake your SOL.
Marinade.Finance is a staking protocol built on Solana. You can stake your SOL tokens with Marinade using an automated staking strategy expertly designed by the Marinade core team with influence from MNDE and mSOL holders. Users of Marinade can stake natively or liquid stake to the same pool of 100+ high-performing Solana validtors. When native staking with Marinade, there is no smart contract interaction, while when liquid staking you receive an equivalent value of "marinated SOL" tokens (mSOL) that you can be used in decentralized finance (DeFi). Since July 2023, you can also use Marinade native to benefit from the automated delegation strategy with your natively staked SOL, without having to use any smart contract.
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.
You can withdraw your SOL by unstaking and waiting for the unlock period (1-2 epochs) or, if liquid staking, immediately with a small fee (see our FAQ).
You do not need to unstake your staked SOL 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.
You can also directly exchange between mSOL and SOL on secondary markets at the current market rate.
Marinade also enables you to tokenize your existing stake. If you are already delegating to a single validator, you own one or multiple stake accounts that can also be converted to mSOL to be made liquid.
Blockchains use consensus protocols in order to validate transactions in a secure and decentralized way. We won't dig deep into the technicalities, but you will find a good explanation of staking in the Solana documentation.
When you stake (lock) your SOL tokens to a validator, you are helping to secure the network and participating in the decentralization of Solana. In return for locking your SOL, you receive rewards in SOL.
For the decentralization and the security of the Solana blockchain, we need as much SOL as possible staked to efficient validators. With the growing number of use cases for SOL in DeFi, a fair amount of SOL is still not staked and used daily in DeFi.
Marinade offers you the possibility to stake your SOL in exchange for mSOL that you can use in DeFi while still enjoying the staking rewards. The SOL that you are staking with Marinade is spread among more than 450 validators, excluding the so-called "security group" (top 32 validators). Validators are chosen by our transparent, permissionless formula and automatically rebalanced every epoch.
Let's highlight the main benefits of staking your SOL to mSOL with Marinade:
- Full control over your tokens and associated accounts
- Unlock your stake, receive a tokenized version of your position, and use it in DeFi
- Open-sourced, permissionless delegation formula with more than 150 validators
- Stake and delayed unstake with no charge
- 6% fee on your rewards
- Native Solana community and contributor-driven governance
- Fully non-custodial solution, you conserve ownership of your SOL tokens at all time
- No smart contract risk, this solution does not use any smart contract
- Automatically managed and rebalanced staking position for no fee
- Open-sourced, permissionless delegation formula with more than 150 validators
- Stake and delayed unstake with no charge
- Native Solana community and contributor-driven governance
- Explore additional DeFi yields on top of staking using your tokenized stake positions.
- Earn your position in the Marinade DAO and participate in governance by using Marinade.
Last modified 1mo ago