Tag: Solana Blockchain



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Marinade Finance is a liquid staking protocol operating on the Solana blockchain. Users can stake the SOL token to earn compounding interest while helping to maintain decentralization throughout the Solana ecosystem. Also, by staking SOL tokens with Marinade Finance, users receive the liquid “Marinade staked SOL” (mSOL) token. The mSOL token can be used in secondary markets on various decentralized finance (DeFi) protocols to maximize yield. Plus, stakers can bypass the cooldown period and withdraw their funds immediately for a small fee. Furthermore, the native Marinade Finance token (MNDE) token is the governance token of the Marinade Finance ecosystem. Not only does the MNDE token grant governance rights to holders, but it also incentivizes early contributors and collaborators.

Built on the Solana blockchain, Solanium is a decentralized fundraising platform and crypto launchpad. Also, Solanium features a decentralized exchange (DEX) powered by Serum, the number one DEX on Solana. Users can stake the native SLIM token using a flexible tiered system and earn the xSLIM governance token in return. The Solanium crypto ecosystem is one of the latest projects to launch on Solana and is home to some of the most exciting up-and-coming token launch events.

Solana has been among the top-performing cryptocurrencies since the turn of the year, with Solana’s SOL token slowly creeping up the crypto market cap ranks. Perhaps most notably, Solana brands itself the fastest blockchain in the world. This comes from the fact that the Solana blockchain produces a block every 400 milliseconds, something made possible even without the use of sharding. The Solana token has been mentioned frequently across several crypto mediums, outlets, and influencers recently. But what does the Solana blockchain do? And why has the Solana token seen so much recent success?

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