Marinade Unveils V2 Stake Auction Marketplace to Enhance Yields and Decentralize Solana

Prague, Czech Republic — Marinade, Solana’s pioneering non-custodial liquid staking protocol, has launched the Stake Auction Marketplace (SAM), an innovative public auction platform. SAM allows validators to bid for staked SOL, aligning the interests of SOL stakers, validators, and the broader Solana ecosystem.

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What is SAM? SAM revolutionizes staking by enabling Marinade users to earn all staking rewards while boosting yields. Traditionally, stakers must manually track validator performance, risking security and rewards when validators underperform or change commissions. Marinade V2 addresses these issues, making staking simpler, safer, and more accessible.

Key Features of the Stake Auction Marketplace (SAM)

Automated Delegation: Stakers can automatically delegate their SOL to a competitive market of validators, enhancing yields beyond the current 9% APY from a 0% commission validator. Including MEV, priority fees, and additional revenue streams, the APY could reach as high as 9%.
Increased Efficiency: SAM eliminates the need for manual monitoring, ensuring optimal staking rewards and reducing smart contract risks through an automated delegation strategy.

Michael Repetny, Core Contributor at Marinade, stated:
“This is a major milestone for Marinade and Solana. V2 constructs a seamless staking experience that fuels greater ecosystem participation. Marinade is setting a new standard for Solana staking by eliminating smart contract risks through an automated delegation strategy."

Michael Repetny, Core Contributor at Marinade
"As Solana’s first staking protocol, Marinade prides itself on being an ecosystem public good that prioritizes community growth and advancement. The introduction of SAM will ultimately balance optimizing staking rewards for our users and support network decentralization simultaneously," added Michael.

Enhancing Stability and Decentralization

SAM also aims to make staking on Solana more stable and censorship-resistant, ensuring all participants receive optimal staking rewards. A simulation of SAM will be available at the end of June to test the user interface, with live auctions starting in August and bid distributions planned for Q4.

SAM is part of Marinade’s major V2 upgrade, following the successful launch of Marinade Native and Protected Staking Rewards (PSR). These initiatives lower staking risks by guaranteeing 100% of staker rewards. Marinade is a Solana-native liquid staking automation platform that monitors and delegates SOL stake to over 100 top-performing validators.

For more information, visit Marinade.