Introduction

Marinade.finance is a Solana-based liquid staking mechanism. Customers can use Marinade to automatically stake their SOL tokens and then obtain "staked SOL" tokens (mSOL), which they can then use in DeFi or un-stake at any time to get their original SOL tokens.

Method

In order to keep track of net inflows / outflows, create a bar chart illustrating the daily amount of MNDE locked or unlocked since April 4, 2022. Be sure to include both raw values and the net change in MNDE locked and label them clearly.

Initial lock: https://solscan.io/tx/iogrPy2ZVRgpMFEGyMvbpmXSfyZA2ypHiz4gqZm6dvKoDF95CnyRCFeGCRCZQ4kHSybccCvncNcAerSJKTwpgRg

Adding more MNDE: https://solscan.io/tx/463xr3uSyAFRkTivuVSp8iodickYPSNBGXR82SnDxhzucZSLJqt1ZpZBMwtu5UTha3yTJA9j6w8p8eFZPSLsD2u1"

Analysis

So as shown in the last chart Total MNDE staked so far is 28.1M MNDE since April 4, 2022.

• The most stake of MNDE was taken on April 9th, with more than 8.2M MNDE.

Discord: 0xHaM☰d#8391

Conclusion

1. Since the 4th of April, a total of 28.8 million MNDE has been committed to governance.

2. A total of around 33 percent of the current circulating supply of MNDE was locked up under government control mechanisms.

3. The majority of the transactions were frozen on the first day of the announcement, which was April 4th.