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BitGo Partners with Marinade Finance to Boost SOL Staking Yields

Institutional custodian BitGo now enables SOL migration to Marinade Native, offering up to 4% extra APY in MNDE rewards for a 3-month staking period.

SOL

Summary

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Terms & Concepts
  • SOL: SOL is the native token of the Solana blockchain, used for transactions and staking.
  • APY: Annual Percentage Yield, a measure of annualized returns on staked assets.
  • MNDE: The native reward token issued by Marinade Finance for staking on its platform.