Roadmap

Marinade's grand plan

"Build a foundation for a shift of everyday life to crypto by ‘democratizing’ blockchain security and bridging the gap between people and finance."

Marinade was started with the ultimate goal to help onboard more people into crypto by:

• Offering the simplest and most pleasing to use liquid staking solution in the Solana ecosystem.

• Seemlessly integrating with other protocols in the DeFi ecosystem to create high inter-operability.

• Drastically improving the security of the network via decentralization.

Goals

• All SOL staked on Solana, securing the network.

• mSOL as the ultimate unit of account in the Solana DeFi ecosystem.

• Facilitate the onboarding of the next 1 billion people to crypto.

Targets

• 1/2023 - Total Value Locked: 30M SOL / Annual Recurring Revenue: $30M / % of circulating SOL staked: 15%

• 1/2025 - Total Value Locked: 100M SOL / Annual Recurring Revenue: $100M / % of circulating SOL staked: 25%

Marinade also monitors the evolution of some key metrics, with the aim of improving them over the years:

• (SOL) Total value locked

• (%) mSOL to total staked SOL

• (#) contributors

• (#) validators

Roadmap

Marinade has evolved since launch and is now structured in work groups. There are currently 5 work groups contributing to Marinade:

👷 - Build: Create deliverables for Marinade 🤹 - Community: Grow and support Marinade community 🤝- Partnerships: Grow and defend TVL through partnerships 📋 - Operations: Structure and monitor work flows 🖊️ - Communications: Spread the word and produce content about Marinade

A public dashboard allowing everyone to monitor progress in details and per work group is being worked on.

2022

Q1

🤹 Community

• 🤹 ☑️ Revamp Discord roles and Marinators role

• 🤹 Self-driven support team

• 🤹 New community event organizers (picked by the Community Committee)

• 🤹 Community events on a weekly basis

• 🤹 Community bounties

• 🤹 Meme team

• 🤹 Finalize processes between Community/Communications/Partnerships work groups

👷 Build

• 👷 ☑️ Website & app redesign

• 👷 ☑️ Improve delegation and rebalancing strategy

• 👷 ☑️ Improve delayed unstake feature (reduce time needed)

• 👷 ☑️ Go open source (backend)

• 👷 Go open source (frontend)

• 👷 Create a MNDE locking tool for governance

• 👷 Explore MNDE vested packages

• 👷 + 🎨 Marinade NFT project

• 👷 Explore MNDE buyback programs

• 👷 Explore Automatic Treasury Management

• 👷 Explore Tribeca Governance and veMNDE and Gauges

• 👷 Wallet integrations

🤝 Partnerships

• 🤝 ☑️ Listing mSOL on Pyth

• 🤝 Listing mSOL on Chainlink

• 🤝 Onboard NFT marketplaces (mSOL denominated)

• 🤝 ☑️ Re-negotiate existing liquidity mining to follow Marinade Partnership

• 🤝 Open liquidity mining planning to mDAO

• 🤝 ☑️ Experiment: Protocol-controlled liquidity

• 🤝 Referral program case study

• 🤝 Wallets tight integration

• 🤝 Governance launch

• 🤝 NFT in governance launch

• 🤝 NFT on secondary markets

• 🤝 MNDE purchase - Through Marinade NFTs

📋 Operations

• 📋 Reach 10M SOL staked

• 📋 Revisit onboarding and MNDE team allocation guidelines

• 📋 Set up working group budgets and overall executive team budget connected to DAO that grants the budgets

• 📋 DAO stats (protocol fees, expenses, treasury value)

🖊️ Communications

• 🖊️ Achieve multiple mentions and sourcing of Marinade Finance in largest, thought-leading Web3 media.

• 🖊️ Refine brand strategy and messaging and then amplify (SOL decentralizing trailblazer, security, mass of partnerships)

• 🖊️ Refine, update and expand docs to onboard more users

• 🖊️ Explain and promote MNDE tokenomics & utility

2021

Q4

• 👷 ☑️ Marinade governance token (MNDE) launch with a liquidity mining program

• 👷 ☑️ Code audit (3/3) - audit by Kudelski Security

• 👷 ☑️ Retroactive claim for MNDE

• 👷 ☑️ Advance typescript Marinade client for easier integrations

• 👷 ☑️ Documentation update

• 👷 ☑️ Marinade referral program

• 📋 ☑️ Grow the product team

• 📋 ☑️ Public Marinade KPI dashboard

• 📋 ☑️ Grow the contributors team

• 🤹 ☑️ Establish NFT team

• 🤹 ☑️ Form incentivized community events

• 🤹 ☑️ Create Community committee

• 🤹 ☑️ Increase customer support/moderator coverage

• 🤹 ☑️ Establish ambassador team

• 🤹 ☑️ Polish Community working group onboarding process

• 🤝 ☑️ Describe and open a Marinade Partnership and Partner onboarding process

• 🤝 ☑️ Onboard Tulip and Step

• 🤝 ☑️Transition liquidity mining from weekly to bi-weekly to the monthly cycle

• 🤝 ☑️ Integration of the referral program by Solflare

• 🤝 ☑️ Integration of the referral program by Sonar.watch and Step.finance

• 🤝 ☑️ DeFi protocols and NFT projects treasury staking

• 🔈☑️ Creation of a Communications work group

Q3

• ☑️ Code audit (1/3) - Neodyme team code review

• ☑️ Launch Marinade on mainnet

• ☑️ Change program governance to ecosystem multisig

• ☑️ Code audit (2/3) - audit by Ackee Blockchain

• ☑️ AMM mSOL integration (Raydium, Orca, Saber)

• ☑️ Reach 2M SOL staked

Q2

• ☑️ Decide on bootstrapping the project without any VC money or token sale

• ☑️ Create an internal redemption stableswap pool allowing immediate unstake

• ☑️ Build 0%-fee delayed unstake option to operate with NFT-like unstake tickets

• ☑️ Rewrite the Marinade program into the Anchor framework

• ☑️ Grant support from Serum and the Solana Foundation

• ☑️ Launch Marinade on devnet and gather community feedback

Q1

• ☑️ Participate in Solana x Serum DeFi hackathon

• ☑️ Build a localnet MVP/prototype of liquid staking for Solana

• ☑️ Team up with Smart-pool, another hackathon project