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Marinade Finance Joins Blockworks Token Transparency Framework, Scoring 37/40

Marinade Finance Joins Blockworks Token Transparency Framework, Scoring 37/40

Hey crypto enthusiasts, if you're into Solana and staking, you've probably heard of Marinade Finance. Well, things just got even more exciting. A recent tweet from @CryptoCurb spotlighted that Marinade has hopped on board with the Blockworks Token Transparency Framework, nailing a solid 37 out of 40 score. This isn't just some random pat on the back—it's a big deal for building trust in the DeFi space.

Solana logo alongside Marinade's chef hat emblem

For those new to this, the Token Transparency Framework is like a report card for crypto projects, created by Blockworks. It evaluates projects on 18 criteria across four pillars: the project and team details, financial disclosures, token supply info, and market structure (think things like market makers). The goal? To cut through the fog of information asymmetry in crypto markets, making it easier for everyone—from casual stakers to big institutions—to make informed decisions.

Marinade's entry into the fourth cohort of this framework is noteworthy. They disclosed key stuff like directing all future fees straight to their DAO treasury, which means the community gets more say in how funds are used. They also opened up about past over-the-counter (OTC) sales—basically private token deals—and listed out all their internal operational wallets for full visibility. These moves show Marinade is serious about operating in the open, which is refreshing in an industry sometimes plagued by hidden risks.

Blockworks announcement of Marinade Finance's 37/40 transparency score

If you're wondering why this matters for Solana folks, Marinade is a go-to for liquid staking. You stake your SOL, get mSOL in return (which you can use in DeFi while earning rewards), and they spread your stake across over 100 top-performing validators for better yields and security. Institutions are flocking to them for SOL staking ETFs because of this reliability. And hey, as the tweet points out, they offer some of the best APYs around. If you use a referral link like this one, you can snag an extra 0.125% on your staked SOL—small boost, but it adds up!

This transparency push aligns perfectly with Solana's fast-paced ecosystem, where meme tokens thrive alongside serious DeFi tools. A more transparent foundation means fewer surprises and more confidence for everyone trading or holding assets on the chain. Marinade joins other heavy hitters in this cohort, like EtherFi (38/40), Fluid (39/40), WalletConnect (39/40), and Horizen (37/40), all raising the bar for disclosure.

If you're staking on Solana or eyeing meme opportunities, keeping tabs on projects like Marinade can give you an edge. For more insights into the latest in meme tokens and blockchain tech, stick around at Meme Insider—we've got your back with the freshest updates and knowledge base to level up your game.

Marinade Finance staking promotion graphic

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