#117

Marinade Staked SOL

MSOL
0.00256858 BTC
$223.49
24h: -8.91% 7d: -9.44%
All Time High $325.39 Nov 23, 2024
24h
$222.22 $250.45
24h Volume $34.05M

Price Chart

About Marinade Staked SOL

Marinade Staked SOL (MSOL)

Marinade Staked SOL (MSOL) is a pioneering liquid staking token within the vibrant Solana Ecosystem. Developed by Marinade.finance, the first liquid staking protocol on Solana, MSOL allows users to stake their SOL tokens effortlessly while unlocking a multitude of opportunities in the Decentralized Finance (DeFi) space.

Key Features

  • Automatic Staking Strategies: Marinade employs advanced automatic staking strategies to delegate SOL to top-performing validators, ensuring optimal performance and rewards.
  • Liquidity and Flexibility: Upon staking, users receive mSOL tokens, which can be utilized in various DeFi applications or swapped back to original SOL tokens at any time, providing unmatched liquidity.
  • No Smart Contract Risk: Marinade's native staking process eliminates the risks typically associated with smart contracts, offering a secure staking environment.
  • Protected Staking Rewards: Users benefit from guaranteed uptime and protection against validator downtime, ensuring reliable returns on their staked assets.
  • Stake Auction Marketplace (SAM): Validators compete for staked assets via an auction system, driving higher yields and maximizing staking rewards for users.

Benefits of Using MSOL

By utilizing MSOL, users can:

  • Participate in the evolving DeFi landscape with their staked assets.
  • Access instant unstaking features, prioritizing liquidity and user control over funds.
  • Enjoy automated rebalancing of stake delegation based on performance metrics, ensuring maximum rewards.
  • Engage in governance processes through the Marinade DAO, providing a voice in the protocol's future.

Marinade Staked SOL is not just a staking solution; it is a gateway to maximizing value and flexibility for SOL holders within the thriving Solana ecosystem.

Suggest Edit

Categories

Decentralized Finance (DeFi) Solana Ecosystem Liquid Staking Tokens Liquid Staked SOL Liquid Staking

Market Data

Rank
#117
Market Cap
$1.17B
Volume
$34.05M
Circulating Supply
4.49M MSOL
Total Supply
4.5M MSOL
Max Supply
4.5M MSOL

Additional Information

Genesis Date
24h Market Cap Change
$-37.73M
24h Market Cap Change %
-3.12%