DeFi
Best DeFi Coins on Solana
Marinade is a liquid staking protocol on Solana that allows users to invest GROUND and receive mSol in return. mSOL is a liquid asset. Holders can earn staking rewards and have enough liquidity to participate in other DeFi activities. The goal of the project is to help users maximize their stake returns. Marinade is currently TVL’s second largest Solana-based project.
MNDE, the project’s native token, plays an important role within the network. It allows holders to vote on protocol upgrades and changes, ensuring true decentralization. MNDE is one of the top Solana coins to invest in. Additionally, we expect the token’s value to increase given Marinade’s role in Solana’s DeFi market. Marinade helps improve capital efficiency and user flexibility, making it a good DeFi protocol. Liquid project staking helps reduce the opportunity cost of staking, allowing more users to stake their SOL. As Solana continues to grow, we expect Marinade to capture a large portion of the DeFi market.