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Roadmap

Marinade's grand plan

"Build a foundation for a shift of everyday life to crypto by β€˜democratizing’ blockchain security and bridging the gap between people and finance."

Marinade was started with the ultimate goal to help onboard more people into crypto by:
  • Offering the simplest and most pleasing to use liquid staking solution in the Solana ecosystem.
  • Seemlessly integrating with other protocols in the DeFi ecosystem to create high inter-operability.
  • Drastically improving the security of the network via decentralization.

Goals

  • All SOL staked on Solana, securing the network.
  • mSOL as the ultimate unit of account in the Solana DeFi ecosystem.
  • Facilitate the onboarding of the next 1 billion people to crypto.

Targets

  • 1/2023 - Total Value Locked: 30M SOL / Annual Recurring Revenue: $30M / % of staked SOL staked with Marinade: 7.5%
  • 1/2025 - Total Value Locked: 100M SOL / Annual Recurring Revenue: $100M / % of staked SOL staked with Marinade: 25%
Marinade also monitors the evolution of some key metrics, with the aim of improving them over the years:
  • (SOL) Total value locked
  • (%) staked SOL with Marinade compared to total staked SOL on the network
  • (#) contributors
  • (#) validators

Roadmap

Marinade has evolved since launch and is now structured in work groups. There are currently 5 work groups contributing to Marinade:
πŸ‘· - Build: Create deliverables for Marinade 🀹 - Community: Grow and support Marinade community 🀝- Partnerships: Grow and defend TVL through partnerships πŸ“‹ - Operations: Structure and monitor work flows
πŸ–Š
- Communications: Spread the word and produce content about Marinade
A public dashboard allowing everyone to monitor progress in details and per work group is being worked on.

2022

Q1

🀹 Community

  • 🀹
    β˜‘
    Revamp Discord roles and Marinators role
  • 🀹 Self-driven support team
  • 🀹 New community event organizers (picked by the Community Committee)
  • 🀹 Community events on a weekly basis
  • 🀹 Community bounties
  • 🀹 Meme team
  • 🀹 Finalize processes between Community/Communications/Partnerships work groups

πŸ‘· Build

  • πŸ‘·
    β˜‘
    Website & app redesign
  • πŸ‘·
    β˜‘
    Improve delegation and rebalancing strategy
  • πŸ‘·
    β˜‘
    Improve delayed unstake feature (reduce time needed)
  • πŸ‘·
    β˜‘
    Go open source (backend)
  • πŸ‘· Go open source (frontend)
  • πŸ‘· Create a MNDE locking tool for governance
  • πŸ‘· Explore MNDE vested packages
  • πŸ‘· +
    🎨
    Marinade NFT project
  • πŸ‘· Explore MNDE buyback programs
  • πŸ‘· Explore Automatic Treasury Management
  • πŸ‘· Explore Tribeca Governance and veMNDE and Gauges
  • πŸ‘· Wallet integrations

🀝 Partnerships

  • 🀝
    β˜‘
    Listing mSOL on Pyth
  • 🀝 Listing mSOL on Chainlink
  • 🀝 Onboard NFT marketplaces (mSOL denominated)
  • 🀝
    β˜‘
    Re-negotiate existing liquidity mining to follow Marinade Partnership
  • 🀝 Open liquidity mining planning to mDAO
  • 🀝
    β˜‘
    Experiment: Protocol-controlled liquidity
  • 🀝 Referral program case study
  • 🀝 Wallets tight integration
  • 🀝 Governance launch
  • 🀝 NFT in governance launch
  • 🀝 NFT on secondary markets
  • 🀝 MNDE purchase - Through Marinade NFTs

πŸ“‹ Operations

  • πŸ“‹ Reach 10M SOL staked
  • πŸ“‹ Revisit onboarding and MNDE team allocation guidelines
  • πŸ“‹ Set up working group budgets and overall executive team budget connected to DAO that grants the budgets
  • πŸ“‹ DAO stats (protocol fees, expenses, treasury value)

​
πŸ–Š
Communications

  • ​
    πŸ–Š
    Achieve multiple mentions and sourcing of Marinade Finance in largest, thought-leading Web3 media.
  • ​
    πŸ–Š
    Refine brand strategy and messaging and then amplify (SOL decentralizing trailblazer, security, mass of partnerships)
  • ​
    πŸ–Š
    Refine, update and expand docs to onboard more users
  • ​
    πŸ–Š
    Explain and promote MNDE tokenomics & utility

2021

Q4

  • πŸ‘·
    β˜‘
    Marinade governance token (MNDE) launch with a liquidity mining program
  • πŸ‘·
    β˜‘
    Code audit (3/3) - audit by Kudelski Security
  • πŸ‘·
    β˜‘
    Retroactive claim for MNDE
  • πŸ‘·
    β˜‘
    Advance typescript Marinade client for easier integrations
  • πŸ‘·
    β˜‘
    Documentation update
  • πŸ‘·
    β˜‘
    Marinade referral program
  • πŸ“‹
    β˜‘
    Grow the product team
  • πŸ“‹
    β˜‘
    Public Marinade KPI dashboard
  • πŸ“‹
    β˜‘
    Grow the contributors team
  • 🀹
    β˜‘
    Establish NFT team
  • 🀹
    β˜‘
    Form incentivized community events
  • 🀹
    β˜‘
    Create Community committee
  • 🀹
    β˜‘
    Increase customer support/moderator coverage
  • 🀹
    β˜‘
    Establish ambassador team
  • 🀹
    β˜‘
    Polish Community working group onboarding process
  • 🀝
    β˜‘
    Describe and open a Marinade Partnership and Partner onboarding process
  • 🀝
    β˜‘
    Onboard Tulip and Step
  • 🀝
    β˜‘
    Transition liquidity mining from weekly to bi-weekly to the monthly cycle
  • 🀝
    β˜‘
    Integration of the referral program by Solflare
  • 🀝
    β˜‘
    Integration of the referral program by Sonar.watch and Step.finance
  • 🀝
    β˜‘
    DeFi protocols and NFT projects treasury staking
  • ​
    πŸ”ˆ
    ​
    β˜‘
    Creation of a Communications work group

Q3

  • ​
    β˜‘
    Code audit (1/3) - Neodyme team code review
  • ​
    β˜‘
    Launch Marinade on mainnet
  • ​
    β˜‘
    Change program governance to ecosystem multisig
  • ​
    β˜‘
    Code audit (2/3) - audit by Ackee Blockchain
  • ​
    β˜‘
    AMM mSOL integration (Raydium, Orca, Saber)
  • ​
    β˜‘
    Reach 2M SOL staked

Q2

  • ​
    β˜‘
    Decide on bootstrapping the project without any VC money or token sale
  • ​
    β˜‘
    Create an internal redemption stableswap pool allowing immediate unstake
  • ​
    β˜‘
    Build 0%-fee delayed unstake option to operate with NFT-like unstake tickets
  • ​
    β˜‘
    Rewrite the Marinade program into the Anchor framework
  • ​
    β˜‘
    Grant support from Serum and the Solana Foundation
  • ​
    β˜‘
    Launch Marinade on devnet and gather community feedback

Q1

  • ​
    β˜‘
    Participate in Solana x Serum DeFi hackathon
  • ​
    β˜‘
    Build a localnet MVP/prototype of liquid staking for Solana
  • ​
    β˜‘
    Team up with Smart-pool, another hackathon project
​
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