winner Url: https://angrypacifist.substack.com/p/surfing-defi-growth-marinade-staking

This article explains what I research about Marinade? and deep dive to explore the unique value proposition of Marinade through its unique and permissionless delegation strategy that enables both Native and liquid staking SOL, combined with the community DAO power of the MNDE token.

Before explore about Marinade I will explain some specialized terms of block chain using in article for a person new to crypto could understand.

• DAO or Decentralized Autonomous Organization is a blockchain-based organization that is run by code and not by people. This means that the rules and operations of the DAO are written into smart contracts, which are self-executing contracts that run on the blockchain.
• Decentralized finance (DeFi) is a blockchain-based financial system that allows for peer-to-peer transactions without the need for a central authority. This means that users can control their own money and data without having to rely on banks or other financial institutions.
• Solana is a high-performance blockchain platform that can process up to 50,000 transactions per second. It is designed to be scalable, secure, and energy-efficient. Solana is a popular platform for decentralized finance (DeFi) applications. It is also used for a variety of other applications, such as gaming, streaming, and supply chain management.
• Liquid staking is a blockchain technology that allows users to stake their tokens without having to lock them up for a set period of time. This means that users can still use their staked tokens to participate in DeFi protocols or to trade on exchanges.
• Liquid staking protocols work by pooling together the tokens of multiple users and staking them on behalf of the pool. In return, users receive liquid staking tokens, which represent their staked tokens. Liquid staking tokens can be used just like the underlying tokens, and they appreciate in value over time as the pool earns staking rewards.

What is Marinade?

Marinade is a liquid staking protocol build on Solana. It allows users to stake their SOL tokens without having to lock them up. This means that users can still use their SOL tokens to participate in DeFi, such as lending, borrowing, and yield farming. When users stake their SOL tokens with Marinade, they receive mSOL tokens in return. mSOL tokens are liquid, meaning that they can be used in DeFi applications.

In addition Marinade protocol holder of governance token **MNDE** can be locked into the Realms governance platform to enable governance access.

It is responsible for making decisions about the protocol, such as changes to the staking rewards or the delegation strategy.

Marinade ethos

Marinade was founded in 2021 by a team of experienced developers and entrepreneurs. The protocol's ethos is to provide users with a secure, decentralized, and liquid way to stake their SOL tokens. Marinade is committed to open-source and transparent building and governance.

The long-term mission of Marinade is to become the leading liquid staking protocol on Solana. The protocol aims to make staking SOL simple, accessible, and secure for everyone. Marinade also wants to be a leader in DeFi innovation and to help Solana become the leading blockchain for decentralized finance.

Marinade is funded by a combination of venture capital, public sale, and community contributions. The protocol is controlled by a DAO, or decentralized autonomous organization, which is governed by its token holders. Marinade's long-term mission is to make staking Solana as simple, accessible, and rewarding as possible.