Marinade is a Solana-based liquid staking platform and DAO.
Marinade's mSOL token allows staking SOL to earn passive income and access DeFi on Solana, governed by the DAO with MNDE tokens, tradable on major platforms.
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What is Marinade Staked SOL (MSOL)?
mSOL is a token that is part of the Marinade ecosystem. Marinade operates as a decentralized liquid staking protocol that offers passive income opportunities for users. Built on Solana, Marinade allows participants to stake their SOL tokens to benefit from automated staking strategies. The platform encourages activity within the Solana DeFi ecosystem by incentivizing staking, and users receive mSOL tokens in return, which can be used to interact with other DeFi protocols. The Marinade ecosystem also includes the Marinade DAO, where another token, MNDE, is used for governance, protocol development decisions, and managing the Marinade Treasury. To use the platform, users must lock their SOL tokens into smart contracts and receive an equivalent amount of mSOL. As a derivative of SOL, the pri...
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Marinade Staked SOL price live information
As of now, Marinade Staked SOL is trading at 183.96 USD, with a 24-hour trading volume of approximately 13.51K USD. The MSOL to USD price is updated in real time. Over the past 24 hours, Marinade Staked SOL has increased by 2.65%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 702.77M USD. Currently, there are 3 820 228 MSOL in circulation out of a maximum supply of 3 820 228 MSOL.
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