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## What is Marinade Staked SOL?
Marinade.finance stands as the pioneering [Liquid staking protocol](https://coinrotator.app/category/Liquid-Staking) on the Solana blockchain, receiving support from the esteemed Solana Foundation. Users participate in the protocol by staking their SOL tokens with Marinade. Through automated staking strategies, Marinade delegates these staked SOL tokens to validators. In return, users receive mSOL tokens, representing their staked SOL. These mSOL tokens can be utilized in the realm of DeFi or easily swapped back to their original SOL tokens when they wish to unstake. MSOL is redeemable 1:1 for SOL.


## Marinade Team Background and Partnerships
The protocol was initially established by a team consisting of software engineers Ondrej Chaloupka and Mihai Bodnariu, along with lead designer Elinor Hagg. However, at present, it is operated by a decentralized autonomous organization (DAO).


mSOL is intergrated into many platforms/protocols/exchanges, namely Coinbase, Kraken, HadeSwap, [Orca](https://coinrotator.app/coin/orca), [Raydium](https://coinrotator.app/coin/raydium), Meteora, [Tulip](https://coinrotator.app/coin/solfarm), Atrix, Apricot, Drift, Hubble, Port...


## Marinade Finance Project Development
In 2023, Marinade Finance introduced Super Stake SOL, referring to the mSOL Super Stake vault, which serves as a leveraged staking vault utilizing a technique called recursive borrow/lending of mSOL and SOL through Drift. This process aims to magnify the staking rewards obtained from mSOL staking.


Users have the option to deposit their mSOL into the vault and, as a result, can receive staking rewards yielding up to 15%. This is a considerable increase compared to the base staking Annual Percentage Yield (APY) of approximately 6.5%.


When a user makes a deposit of mSOL into the Super Vault:
1. The vault places the mSOL into Drift protocol's borrow-lend program.
2. Automatically, the program utilizes the deposited mSOL to borrow SOL against mSOL, adhering to the users' intended leverage ratio on Drift.
3. Subsequently, the program converts the borrowed SOL back to mSOL and returns it to Drift.
4. Users retain the flexibility to withdraw their mSOL from the Super Stake vault whenever they wish, without incurring any additional fees.

## {{name}} Price Analysis

As of {{month}} {{day}} {{year}} {{name}} has a marketcap of {{marketcap}}. 
This is {{percentagefromath}} from its all time high of {{ath}}. 
In terms of its tokenomics, there's a total supply of {{totalsupply}} with {{percentagecirculatingsupply}} currently outstanding. 
Keep in mind {{name}} has a fully diluted value of {{fdv}} which many investors might interpret as overvalued. 

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Marinade staked SOL

Marinade staked SOL

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