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Marinade Finance Introduces USDG Staking Option for Solana Users

The DeFi platform’s new “Recipe” enables SOL staking with boosted yields, offering USDG stablecoin rewards in partnership with Global Dollar.

SOL
USDG

Summary

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Terms & Concepts
  • Staking: Locking cryptocurrency in a network to support operations and earn rewards.
  • Stablecoin: A cryptocurrency pegged to the value of a stable asset, such as the US dollar.
  • APY: Annual Percentage Yield, representing yearly earnings from an investment including compound interest.