is an automated liquid staking platform that monitors all Solana validators and delegates in a single platform. Users can stake several Solana-based tokens, including $SOL, Everstake, and its native $MNDE token. Once staked, users receive a liquid staking token that unlocks the staked value to be used in other platforms while still offering staking rewards.
Currently, the platform offers an annualized yield of 7.75%, making it one of the most profitable liquid staking platforms on Solana. Notwithstanding, Marinade Finance users can exit their staked positions at any time at the best price. Finally, the platform minimizes smart contract risk, allowing users to keep full custody of their assets. The platform boasts $1.1 billion (or 8,196,985 staked SOL) in staked assets, with over 150,000 unique wallets connected on the platform.
Despite the downturn in the crypto market, the $ token has offered impressive returns over the past…
