Sharlife is a Registered Shariah Advisory Firm with Securities Commission Malaysia - The only regulated provider of crypto & stocks Shariah status
Sharlife is a Registered Shariah Advisory Firm with Securities Commission Malaysia - The only regulated provider of crypto & stocks Shariah status
Name : Marinade (MNDE)
MNDE Price : $0.06900 -1.94%
Consensus Mechanism : Proof of Stake
Volume: 2,092,581
Shariah Judgement
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Shariah Status :
Last Screening: Q2 2024
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Overview
Marinade Finance (MNDE) is a decentralized finance (DeFi) protocol built on the Solana blockchain, offering users the ability to stake their SOL tokens through an automated staking strategy. MNDE holders can participate in governance by voting on proposals, managing the treasury, and selecting validators. The protocol emphasizes decentralization and security, utilizing a validator delegation algorithm to stake SOL with independent validators. Users can also engage in liquid staking through the issuance of mSOL tokens, which can be used in various DeFi applications. Marinade Finance is non-custodial and permissionless, allowing users to interact with the protocol independently.
Whitepaper & Documents
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