Marinade Finance, Solana’s Largest Protocol, Bets on ‘Native’ SOL Staking Product for Growth

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Marinade Finance, Solana’s Largest Protocol, Bets on ‘Native’ SOL Staking Product for Growth

The protocol’s new service, called Marinade Native, eliminates the smart contract risk of swapping SOL for mSOL while preserving the expected yield of around 7%, developers say. That’s because users retain custody of their SOL as opposed to receiving what amounts to a yield-infused depository receipt. www.coindesk.com

The protocol’s new service, called Marinade Native, eliminates the smart contract risk of swapping SOL for mSOL while preserving the expected yield of around 7%, developers say. That’s because users retain custody of their SOL as opposed to receiving what amounts to a yield-infused depository receipt.

www.coindesk.com