Marinade Kitchen Stories - December 2021
We hope that your 2021 year has been as incredible for you as it has been for Marinade. The crypto world is wild and this year has been eventful for blockchain technology and for the Solana ecosystem. Last year at this exact date, SOL was priced at $1.34 and Marinade did not even exist!
Hello Marinators,
We hope that your 2021 year has been as incredible for you as it has been for Marinade. The crypto world is wild and this year has been eventful for blockchain technology and for the Solana ecosystem. Last year at this exact date, SOL was priced at $1.34 and Marinade did not even exist!
With the year coming to an end, let’s have a brief overview of what you, the Marinade community, accomplished since launch in August:
Phew. What a road already, and how much more to do!
Now, it’s time to open the kitchen doors and see what our contributors have been working on in those last two weeks. A lot of promising things are coming up in 2022 for Marinade and now is the best time to get involved! If you aren’t already in, our Discord is the best place to hang out.
So, what has been cooking and smelling so good those past weeks?
As you can see, the building continues and Marinade delivers! It will be a pleasure and a chance to share the year to come with our incredible and diverse community of Marinators.
If you like the Marinade Kitchen Stories, feel free to share them or to let us know!
As a last note, I personally wanted to remind everyone that Marinade belongs to the ones who want to come to build and govern it! Your opinions and your contributions will always be valued, so if you like what you see in our kitchen, consider getting involved yourself.
What is Marinade.Finance?
Marinade.Finance is the first non-custodial liquid staking protocol built on Solana. You can stake your SOL tokens with Marinade and receive “marinated SOL” tokens (mSOL) that you can use in decentralized finance (DeFi).
The price of mSOL goes up relative to SOL each epoch, with rewards being accrued into the underlying staked SOL. Marinade stakes in 400+ validators that are selected automatically by an open-source fair formula based on performance, commission, and decentralization.
Marinade includes mSOL->SOL swap, so you can “Unstake Now!” and receive your SOL immediately with a small fee. You can also directly exchange between mSOL and SOL on secondary markets at the current rate. Finally, you can unstake your SOL with zero fee by waiting 4–6 days for the Solana cool-down period (delayed unstake).
Website | Discord | Github | Documentation | Stats
