Close Menu
AlexaBlockchain
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
Facebook X (Twitter) Instagram
Friday, August 8
  • Advertise
  • Crypto PR
  • Partner
  • Submit Press Release
  • Contact Us
X (Twitter) Facebook LinkedIn Instagram
AlexaBlockchain
Banner
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
AlexaBlockchain
You are at:Home » Marinade Launches Stake Auction Marketplace to Optimize Staking Rewards on Solana
Featured

Marinade Launches Stake Auction Marketplace to Optimize Staking Rewards on Solana

"Marinade is setting a new standard for Solana staking by eliminating smart contract risks through an automated delegation strategy,” states Marinade Core Contributor, Michael Repetny.
Arun ShakyawarBy Arun ShakyawarJune 19, 2024No Comments3 Mins Read
Twitter Facebook LinkedIn Reddit Email WhatsApp
Marinade Launches Stake Auction Marketplace to Optimize Staking Rewards on Solana
Marinade Launches Stake Auction Marketplace to Optimize Staking Rewards on Solana
Share
Twitter Facebook LinkedIn Pinterest Reddit Telegram Email WhatsApp

Key Takeaways

  • Marinade has launched Stake Auction Marketplace (SAM), an open public auction platform where stakers delegate their stake for validators to bid on.
  • Stakers currently face the need to manually monitor validator performance, which can be cumbersome and inefficient. Additionally, they often experience losses in staking rewards due to underperforming validators or changes in commission rates.
  • Marinade is the first to introduce an auction marketplace for staking SOL, so users can earn up to 9% APY when capturing all rewards including MEV and transaction fees.

Solana Staking Protocol Marinade has launched Stake Auction Marketplace (SAM) as a part of its V2 upgrade. This new platform revolutionizes how staking is conducted by introducing a public auction system where validators can bid for staked SOL, aiming to maximize user returns and enhance network stability.

Why does it matter? Historically, stakers have faced numerous challenges in managing their stakes, such as the need to continuously monitor validator performance, which can be both confusing and inefficient. This process has often led to security vulnerabilities and the loss of potential rewards due to underperforming validators or unexpected changes in node operator commissions.

Marinade’s latest feature, SAM, addresses these issues by automating the delegation of stakes in an open market where validators compete. This system not only simplifies the staking process but also aims to improve the annual percentage yield (APY) beyond the current rate of 9% available from staking with a 0% commission validator. The integration of additional revenue streams such as maximal extractable value (MEV) and priority fees could further boost this yield.

Michael Repetny, a core contributor at Marinade, emphasized the significance of this development: “This is a major milestone for Marinade and Solana, as 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.”

The launch of SAM is expected to not only offer the best staking rewards on the market but also to make staking operations on Solana more stable and censorship-resistant. The new feature underlines Marinade’s commitment to being a public good within the ecosystem, prioritizing community growth and network decentralization.

A simulation of the SAM platform is slated for release at the end of June, providing users an opportunity to interact with the interface and verify its efficiency. The live auctions are scheduled to commence in August, with bid distributions expected in the fourth quarter of the year.

Following the introduction of Marinade Native and Protected Staking Rewards (PSR), which guaranteed 100% of staker rewards and reduced staking risks, SAM represents a further enhancement in Marinade’s V2 upgrade.

Read Also: Solana Labs Launches an Incubator to Attract Web3 Start-ups

Solana Staking
Share. Twitter Facebook LinkedIn Reddit Pinterest Tumblr Telegram Email WhatsApp
Arun Shakyawar
  • Website
  • X (Twitter)
  • LinkedIn

Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

More AlexaBlockchain

Kensei Debuts On-Chain Reputation Memecoin Launchpad on Katana as Pump.fun Falters

July 30, 2025

Cathie Wood’s ARK Invest Taps SOL Strategies for Solana Staking

July 28, 2025

Raiinmaker Integrates Google Veo Model to Democratize AI Video Creation

July 15, 2025

Bitcoin Enters Price Discovery at $111,907, Driven by Macro Tailwinds, ETF Inflows

July 10, 2025

Moku Appoints Web3 Veteran Kathleen Osgood as Chief Business Officer

July 2, 2025

VeChain Launches StarGate Staking Program

July 1, 2025
Add A Comment

Comments are closed.

Don't Miss

Shardeum Revives ‘Proof of Keys’ Movement With Self-Custody Airdrop Program

MANTRA Secures $20M from Inveniam to Scale Private RWA Tokenization

Star System Labs Launches Nebula Miner, The First Permissionless Meme Coin Mining Protocol

RWA Inc. Launches the First Fully On Chain Private Investor Platform

Trending Topics
  • Blockchain News
  • Blockchain Technology
  • Blockchain Platforms
  • Blockchain Regulation
  • Bitcoin News
  • Ethereum News
  • Ripple News
  • Tezos News
  • CBDC
  • NFTs
Featured Companies
  • Binance
  • Tech Mahindra
  • Huobi
  • Efforce
  • Future FinTech Group
  • SuburbanColors
  • Launchpool Labs
  • Lucky Crab Club
  • SIMBA Chain
  • Bulldog Law
Stay Updated
  • Events
  • Newsletters
  • Follow
  • Follow on Google News
  • Blockchain Directory
Get In Touch
  • Crypto PR
  • Advertise
  • Partner
  • About
  • Masthead
  • Careers
  • Write for Us
  • Submit Press Release
  • Submit Guest Post
  • Contact US
Copyright © 2025. AlexaBlockchain
  • About
  • Advertise
  • Crypto PR
  • Submit Press Release
  • Write for Us
  • Careers
  • Privacy Policy
  • Affiliate Disclosure
  • Disclaimer
  • Contact

Type above and press Enter to search. Press Esc to cancel.