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Marinade

Marinade MNDEPrice $ 0.103

Rank: 566

MNDE Price

0.103
3.03%
Price Range
LowHigh
$ 0.103$ 0.108

General Info

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# Token

+2

Description

Marinade is liquid staking protocol on Solana blockchain.

Marinade (MNDE) Chart

Marinade price Index provides the latest MNDE price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

MNDE to USD Converter

Marinade (MNDE)MNDE

MNDE Price Statistics

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Market Cap

$ 44.39M

Fully diluted value

FDV

$ 103.15M

ATH Market Cap

$ 152.91M


Vol. (24h) / MCap

0.0287

Max Supply

MNDE 1,000,000,000

Total Supply

MNDE 1,000,000,000

Circulating Supply

MNDE 430.36M

(43% of Max Supply)

All Time High

$ 0.635

8 Dec 2023


All Time Low

$ 0.028

29 Aug 2022


From ATH

83.8%

From ATL

268.2%
Trending Marinade Fiat Pairs

What is Marinade (MNDE)?

Marinade is a governance token of the Marinade protocol and treasury. Marinade token will be used in DAO governance. The intent is for the MNDE token to be distributed to the early users, protocol builders, and project contributors in a fully transparent way. There is no token sale, no private investors and no VC fund behind Marinade. A major portion of MNDE tokens are reserved for the DAO and treasury reserve to form powerful community governance among Marinade users. One thing to note is that before the on-chain governance voting platform is ready for MNDE holders, core protocol contributors will make critical decisions based on the project vision and informal input from the community on Discord. 

The main reasons for introducing the governance token:

  • Form the DAO. MNDE represents a fractional ownership of Marinade DAO. The DAO is going to be responsible for updating program parameters, product roadmap, ecosystem participation, and other strategic decisions
  • Incentivize liquidity. To bootstrap initial liquidity and accelerate the growth of the Marinade platform
  • Capitalize the treasury. To allow for strategic partnership funding or creating a reserve fund.

Marinade.Finance is a non-custodial liquid staking protocol built on Solana. You can stake your SOL tokens with Marinade using automated staking strategies and receive "marinated SOL" tokens (mSOL) that you can use in decentralized finance (DeFi). 

Marinade Price Today

Marinade's current price is $ 0.103, it has dropped -3.03% over the past 24 hours.

Marinade's All Time High (ATH) of $ 0.635 was reached on 8 Dec 2023, and is currently -83.8% down.

The current circulating supply of Marinade is 430.36 Million tokens, and the maximum supply of Marinade is 1.00 Billion.

Marinade’s 24 hour trading volume is $ 1.27 Million.

Marinade's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 44.39 Million.

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