Marinade Staked Sol (MSOL)

Marinade Staked SOL (MSOL) is a token on the Solana blockchain representing staked Solana (SOL) coins. Users receive MSOL when they lock up SOL through the Marinade service to help secure the network and earn rewards. Unlike traditional staking where assets remain frozen, MSOL functions as a liquid receipt for staked capital. This allows holders to trade or utilize their tokens in decentralized applications while the underlying SOL continues to generate returns. As the staked SOL accumulates rewards over time, the value of each MSOL token gradually appreciates relative to SOL. The mechanism effectively combines the security benefits of staking with the liquidity required for active participation in the ecosystem. MSOL enables users to participate in network validation without sacrificing the ability to move or deploy their funds elsewhere.

Key Characteristics

• Blockchain: Solana
• Primary Function: Liquid staking receipt
• Underlying Asset: Solana (SOL)
• Launch Year: 2021