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Marinade 🛡️
1,192 posts
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repe
Marinade 🛡️
@repetny
chef @MarinadeFinance
New York, USA
Joined January 2011
192
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  • user avatar
    repe
    Marinade 🛡️
    @repetny
    Aug 18, 2024
    There is a sandwich transaction on @solana every 4 seconds. Since March 2024, new 3rd party mempools have emerged on Solana. Unfortunately, many were designed with a harmful intent: sandwiching user transactions. Let's break down how this works and why it’s a problem. 🧵👇
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    Marinade 🛡️
    @repetny
    Nov 15, 2023
    1/ When @LidoFinance entered @Solana in 2021, many asked how a community-bootstrapped project without any VC funding like @MarinadeFinance could even stand a chance. Now that Lido has announced to sunset their Solana operations, it's time to share the untold story 🧵👇
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    Marinade 🛡️
    @repetny
    Jul 20, 2023
    1/ Dear @binance, I saw your @solana staking and think you can do better. Here's what's wrong and how to fix it... 👇
    Binance yields ~788,000 SOL annually on their 10.5M staked SOL positions.
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    Marinade 🛡️
    @repetny
    Feb 18, 2025
    When I discovered Solana, I was coming off ETH DeFi summer, setting my alarm for 3 AM to get a transaction through without getting wrecked on gas. That’s when I knew: Ethereum wasn’t it. A friend pointed me to Solana, and I jumped into a hackathon where @MarinadeFinance was born.
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    Marinade 🛡️
    @repetny
    Nov 3, 2023
    1/ What’s the current state of @Solana staking? (Part 1, Economics 💰) How does value flow between delegators and validators? Given the pie is only as big, how many of the ~2,000 validators actually operate at a sustainable profit? Let's see 👇 🧵
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    repe
    Marinade 🛡️
    @repetny
    Jan 2, 2024
    1/ 2023 was challenging for the @solana ecosystem and even more so for @MarinadeFinance with its bootstrapped nature. Marinade kicked off 2023 at 6M SOL TVL and finished January with the most significant monthly loss ever—$150K.👇 🧵
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    Marinade 🛡️
    @repetny
    Jul 30, 2024
    1/ Why did we decide to bootstrap @MarinadeFinance without investors? Let's see 👇 🧵
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    Marinade 🛡️
    @repetny
    Nov 26, 2024
    Replying to @mert @SolanaFloor and @MarinadeFinance
    wrong, let's count together: 7.52% (inflation) + 3.25% (jito tips) + 1.58% (block rewards) = 12.35% APY total staking yield block rewards (1.58% APY) go 100% to validators, while Marinade's auction lets validators share these back to stakers that's where the yield comes from
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    Marinade 🛡️
    @repetny
    Sep 13, 2023
    Dear @phantom, let your users stake SOL with the 100+ best-performing validators in 3 easy clicks. 👇 Doing this may not double your customer base, but you will make your users' lives easier and help the @solana network to become evermore decentralized and robust.
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    Marinade 🛡️
    @repetny
    Dec 12, 2024
    1/ In Q4 2024, @solana validators have captured $161M in transaction fees, making up 64% of their total revenue! 🚀 With no in-protocol way to share these fees, stakers miss out on this fastest-growing reward stream. So, how can they claim their share? Let’s dive in. 👇
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    Marinade 🛡️
    @repetny
    Jan 24, 2025
    Internet Capital Markets. @NYSE 🤝 @solana
    01:10
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    Solana
    @solana
    Jan 24, 2025
    Solana powers 24/7 internet capital markets ft. @nickducoff at the NYSE
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    Marinade 🛡️
    @repetny
    May 21, 2025
    For the past year we’ve worked tirelessly to bring more institutions to Solana Not just to hold SOL, but to participate in the network itself Today we are making history Marinade Select is live, and named as the official and exclusive staking provider in @CanaryFunds proposed
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    Marinade 🛡️
    @repetny
    May 10, 2024
    gm @SolanaCrossroad and thanks @StepFinance_ @George_harrap for putting this together! 👏🙏
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    Marinade 🛡️
    @repetny
    Feb 28, 2025
    Big news! 🚀 @CMEGroup launching $SOL futures is a massive win for Solana and a clear sign that institutional interest is heating up. Solana keeps proving it’s not just hype—this ecosystem is here to stay. Buckle up for what’s next! 🌐💪
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