Liquidity Mining

Distribution of Marinade tokens should proceed mostly in a linear fashion (excluding Milestones). Every week, roughly the same amount of tokens enter the market.

Current week

Week 21 + 22, 25 Feb - 10 Mar:

• Marinade mSOL Staking: 172k MNDE

• Lending (Larix, Port, Apricot, Solend): 211k MNDE

• mSOL-SOL pools (Marinade, Orca, Mercurial, Saber): 137k MNDE

• mSOL-USDC, -USDT, -UST (Raydium, Orca, Atrix, Aldrin): 653k MNDE

• mSOL pairs (ETH, BTC, NEAR | Raydium, Orca, Aldrin): 120k MNDE

• mSOL-MNDE (Orca): 17k MNDE

• Synthetics (Synthetify): 9.6k MNDE

On Orca, Raydium, Atrix and such, remember to stake your LP in the farms to receive MNDE.

Past weeks

• Weeks 19 and 20, 11 Feb - 24 Feb: 2,590,954 MNDE mined

• Weeks 17 and 18, 28 Jan - 10 Feb: 2,642,570 MNDE mined

• Weeks 15 and 16, 14 Jan - 27 Jan: 2,726,393 MNDE mined

• Weeks 13 and 14, 31 Dec - 13 Jan: 3,719,846 MNDE mined

• Weeks 11 and 12, 17 Dec - 30 Dec: 3,857,488 MNDE mined

• Weeks 9 and 10, 3 Dec 21 - 16 Dec 21: 4,268,000 MNDE mined

• Weeks 7 and 8, 19 Nov - 2 Dec 21: 4,291,282 MNDE mined

• Weeks 5 and 6, 5-18 Nov 21: 3,979,538 MNDE mined

• Week 4, 29-04 Nov 21: 1,989,769 MNDE mined

• Week 3, 22-28 Oct 21: 1,989,769 MNDE mined

• Week 2, 15-21 Oct 21: 11,628,570 MNDE mined (3M milestone and 5M milestone reached)

• Week 1, 7-14 Oct 21: 1,912,846 MNDE mined

Milestones

As more SOL gets staked in Marinade in a decentralized and open way, Solana becomes more secure and everyone wins. To reflect that, liquidity mining adds a stretch-goal like mechanic of TVL milestones.

When certain TVL milestones of SOL staked is reached, the next week of liquidity mining will feature a bonus MNDE allocation, added to the next week's liquidity mining pool to be distributed. Each milestone can be hit only once.

The total budget to be distributed via the milestone program is 80M MNDE. The TVL levels and respected bonus MNDE allocations are:

• 3M SOL staked = 3,500,000 MNDE bonus allocation ✅

  • reached in week 1, distributed over week 2

• 5M SOL staked = 7,000,000 MNDE bonus allocation ✅

  • reached in week 1, distributed over week 2

• 10M SOL staked = 7,000,000 MNDE bonus allocation

• 20M SOL staked = 14,000,000 MNDE bonus allocation

• 50M SOL staked = 17,500,000 MNDE bonus allocation

• 100M SOL staked = 31,000,000 MNDE bonus allocation