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Marinade Finance: Boosting Decentralization on Solana

By: illustrious
March 24, 2023 10:33 AM EDT
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Decentralization is a key attribute of blockchain technology, allowing for increased security, transparency, and reduced risks of single points of failure. As the Solana ecosystem continues to grow, maintaining decentralization is vital to its long-term success. One project that is helping Solana achieve greater decentralization is Marinade Finance. This article will explore how Marinade Finance is enhancing Solana's decentralization through its innovative liquid staking solution and its contributions to the Hubble Protocol.

Marinade Finance: Liquid Staking for Solana

Marinade Finance is a decentralized protocol designed to provide a liquid staking solution for the Solana ecosystem. It allows users to stake their SOL tokens in a secure and flexible manner without having to lock them up for extended periods. This is achieved through the issuance of mSOL tokens, which represent the staked SOL and any staking rewards earned.

By creating a more accessible staking solution, Marinade Finance encourages wider participation in the Solana staking ecosystem, leading to increased decentralization. Users who might have otherwise been deterred by the complexity or illiquidity of traditional staking are now more inclined to participate, contributing to a more diverse set of validators and a more resilient network.

Algorithmic Delegation: Enhancing Decentralization

Marinade Finance has also made it easier for delegators to choose which validator they stake with, while continuing to decentralize the network. By implementing an algorithmic delegation strategy, those staking SOL with Marinade will automatically delegate to performing validators with low-populated data centers. This spreads the stake across multiple validators, helping to lower the concentration of stakes on the top 31 validators.

Marinade MEV on Solana: Maximizing Yield and Decentralization

Miner Extractable Value (MEV) refers to the potential profit that miners or validators can earn by strategically ordering or including transactions in a block. Marinade Finance has proposed a series of articles exploring how MEV can be harnessed to generate additional yield for SOL stakers, while also enhancing Solana's decentralization. By distributing MEV rewards across the staking ecosystem, Marinade Finance aims to create a more equitable and decentralized environment for all participants.


Marinade Finance is playing a crucial role in promoting decentralization within the Solana ecosystem. Through its liquid staking solution, support for the Hubble Protocol, partnerships with various validators, and exploration of MEV opportunities, Marinade Finance is actively working to create a more resilient, transparent, and secure Solana network. As blockchain technology continues to evolve, projects like Marinade Finance will be essential in ensuring the long-term success of decentralized platforms like Solana.

Always experimenting.

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