Marinade
The details of our integration with Marinade
Last updated
Squads Legacy (v3)
The details of our integration with Marinade
Last updated
Users can deposit their SOL holdings into Marinade stake pool, which lets them earn staking rewards and receive mSOL token, which can be used to gain additional yield.
Marinade.Finance is a non-custodial liquid staking protocol built on the Solana blockchain. With Marinade users can stake their SOL holdings without locking them up. By staking with Marinade users receive mSOL which is issued 1:1 to their initial stake. mSOL then can be used to earn additional rewards through DeFI protocols, which can be accessed directly from the Squad via the "Apps" section.
To stake SOL:
Navigate to the "Staking" tab and select "Liquid" section.
2. Click on the "Marinade stake pool" block.
3. Select the amount of SOL you wish to delegate to the pool and click "Deposit" button.
Please note that staking happens in epochs. Each epoch lasts approximately 3 days. If you stake during an ongoing epoch, you will start earning staking rewards after the start of the next epoch.
4. Your SOL will start the activating period upon the transaction execution (more on the transactions here) and will appear in the vault as the mSOL. Once the new epoch starts, you will start earning rewards.
To unstake SOL:
Navigate to the "Staking" tab, click on the "Marinade stake pool" block and select "Unstake" switcher, then launch a transaction.
Your mSOL will be successfully unstaked after the transaction is executed.
