Marinade сryptocurrency price. Market

Marinade is a governance token of the Marinade protocol and treasury. Marinade token will be used in DAO governance. The intent is for the MNDE token to be distributed to the early users, protocol builders, and project contributors in a fully transparent way. There is no token sale, no private investors and no VC fund behind Marinade. A major portion of MNDE tokens are reserved for the DAO and treasury reserve to form powerful community governance among Marinade users. One thing to note is that before the on-chain governance voting platform is ready for MNDE holders, core protocol contributors will make critical decisions based on the project vision and informal input from the community on Discord.

The main reasons for introducing the governance token:

Form the DAO. MNDE represents a fractional ownership of Marinade DAO. The DAO is going to be responsible for updating program parameters, product roadmap, ecosystem participation, and other strategic decisionsIncentivize liquidity. To bootstrap initial liquidity and accelerate the growth of the Marinade platformCapitalize the treasury. To allow for strategic partnership funding or creating a reserve fund.

Marinade.Finance is a non-custodial liquid staking protocol built on Solana. You can stake your SOL tokens with Marinade using automated staking strategies and receive "marinated SOL" tokens (mSOL) that you can use in decentralized finance (DeFi).

Marinade Markets

Exchange	Pair	Last Price	Change (24H)	High (24h)	Low (24h)	Spread	Volume (24h)

Marinade News

Popular Cryptocurrencies

Growth Leader (24 hours)

Helium

+4.57%

$3.776

Leader in trading volume (24 hours)

Bitcoin

$8.3B

Crypto data
Exchanges
Funds
ICO/IDO

IMPORTANT DISCLAIMER: All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.