Marinade Staked SOL Price

Marinade Staked SOL ($mSOL) serves as a token that users acquire when they stake their SOL tokens through the Marinade protocol. This token functions as a receipt for the staked SOL, enabling users to participate in various decentralized finance (DeFi) applications while simultaneously earning staking rewards.

The core purpose of Marinade Staked SOL is to revolutionize the staking experience. By facilitating a seamless process, it allows users to actively engage in Solana's staking ecosystem without compromising liquidity or flexibility. This unique model harmonizes the benefits of earning rewards through staking while retaining the liberty to utilize their assets in the DeFi space.