Marinade DAO proposes to distribute 50 million MNDE to Marinade Earn Season 3
The official governance forum shows that Solana staking protocol MarinadeDAO has initiated a new proposal to unlock 50 million MNDE tokens for use in the "Marinade Earn Season 3" reward program. Specifically, the proposal suggests distributing 25 million MNDE tokens through a strategy executed on Solend, which would result in higher profits from looping on MeteoramSOL/SOL compared to the current mSOL pool (such as Solend and Kamino) and other SOLLST, thereby deepening mSOL liquidity in DeFi.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget PoolX is listing NeoSoul (DNA) : Lock BTC and DNA to get 1,050,000 DNA airdrop
[Initial listing] Bitget to list Axis Robotics (AXIS) in the AI zone
Futures copy trading upgrade notice: Automatic migration to the new futures elite portfolio starting November 1
CandyBomb x DNA: Trade to share 1,000,000 DNA
Crypto prices
More
