Marinade Finance · interactive mechanism simulation

Deposit SOL, receive mSOL that appreciates each epoch. The Stake Auction Marketplace routes delegation to whichever validators bid the highest sustainable yield — bonded by slashable PSR collateral.
Stakers deposit SOL Liquid staking program 1 mSOL = 1.000 SOL SAM auction routing Epoch rewards 7.0% APY
Total SOL staked
0 SOL
mSOL exchange rate
1.0000
Active validators
6 / 6
PSR bonds slashed
0 SOL
Parameters — edit me
7.0%
1.5%
4.0%
1.2/s
Controls

Illustrative simulation. Defaults mirror the researched Marinade mechanism (value-accruing mSOL, SAM yield auction, PSR bonds), but validator bids, deposit sizes, and timing are randomized for visualization — not live onchain data. The "malicious bid premium" models how a sandwiching validator can out-bid honest ones until detected and slashed. Part of The Onchain Experiment Atlas.