Support a validator while holding mSOL in your wallet or using in DeFi.
Directed stake is a Marinade product that allows mSOL holders to choose a validator they want to support while benefitting from mSOL's liquidity.
Whenever you stake to Marinade, you will be able to choose between:
- The algorithmic delegation strategy
- Directed stake
If you choose Directed stake, select a validator, and complete the staking operation. Your wallet will be directing stake to this validator. Your wallet address will be monitored by our snapshot system and the mSOL holdings in your wallet and in DeFi will be accounted to direct stake to this validator.
A wallet can only direct stake to one validator. If you want to support multiple validators, use multiple wallets. If you want to change the validator you direct stake to, select another validator and stake any amount of SOL to mSOL using directed stake and a new validator. Your wallet will now direct stake to this newly chosen validator. If you wish to stop directing stake, stake any amount of SOL to mSOL and select the algorithmic delegation strategy.
Directed stake will control 20% of Marinade's stakepool. Every epoch, the amount of mSOL being used to direct stake to each validator will be used to share the 20% of stake to be distributed.
This means that depending on the total amount of mSOL being used to direct stake and the amount of SOL that 20% of Marinade's TVL represents, the amount of SOL being delegated to a given validator with 1 mSOL will vary. The principle is very similar to Validators gauges.
Validators, the amount of mSOL being used to direct stake to you will account in the Open Doors program. Find more details about it in this one-pager.
In order for a validator to be eligible to receive stake from Directed stake, the validator must:
- Have a commission equal to or lower than 10% in the last 10 epochs
- Have at least 80% of the score of the worst-ranked validator that receives Marinade stake algorithmically.
If a validator is receiving stake through Directed stake but requires an emergency unstake, the emergency unstake will be performed and the validator will not be receiving stake until the criteria to receive stake are met again.
As of right now, the mSOL deposits in the following DeFi protocols will be tracked and accounted for:
- Orca Whirlpools
- Raydium V2
If you are an mSOL holder using Directed stake and a DeFi protocol that you frequently use is missing, please join our Discord and let the Marinade Master Chefs know what protocol should be added.
Marinade's snapshot system will run every day and update the mSOL holdings of all wallets participating in Directed Stake. The snapshot system we use to monitor mSOL holdings in wallets and DeFi is composed of two things:
The snapshot manager (API + parser):
The data collector, running every day, forked and modified from:
Methods to use Directed stake have been added to Marinade's TS SDK:
You will be able to access data related to Directed stake using this API: