Solana liquid staking protocol Marinade unveils 'auction marketplace' to optimize yields

Crypto Ecosystems • June 19, 2024, 9:00AM EDT
UPDATED: June 19, 2024, 9:01AM EDT
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Quick Take

  • Marinade has introduced its Stake Auction Marketplace (SAM), designed to boost yields and promote Solana decentralization.
  • A SAM simulation will be available for testing at the end of June, with live auctions set to begin in August and bid distributions occurring in Q4.
A simulation will be available for testing at the end of June, with live auctions beginning in August and bid distributions in Q4.
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Editor

To contact the editor of this story: Vishal Chawla at [email protected]

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