Overview of Marinade Liquid Staking
Marinade Liquid Staking enables Solana (SOL) token holders to stake their assets while maintaining liquidity. By participating, users receive mSOL, a liquid staking token that represents their staked SOL and accrues staking rewards over time.
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Minting LST (mSOL): Mint an LST (mSOL) that can be user further in DeFi to earn additional yield or borrow against.
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No Fees: Fee-free staking, including no deposit fee, no ongoing management fee. Withdrawals are also free if you adhere to the standard cooldown period; instant withdrawals incur a minimal fee based on liquidity availability.
When depositing in Marinade's liquid staking, users delegate their SOL tokens to Marinade's staking pool, transferring custody to the protocol.