Marinade's MNDE Token Soars 30% Amid Solana DeFi Revival!

Instant SOL Withdrawals and New Rewards Program Ignite MNDE Rally

Holy smokes, Marinade's MNDE token just rocketed up a whopping 30% after dropping some epic news! They've launched instant SOL withdrawals and a fresh creator rewards program, and it's got everyone buzzing as Solana's DeFi scene comes roaring back to life.

Get this: MNDE (MNDE) blasted off to nearly $0.17, riding a wave of updates that are set to crank up community vibes and make that token work harder than ever. It's like Marinade threw a party, and everyone's invited!

Now, it's tricky to say what exactly sparked this rally, but the timing's no coincidence. Something big's brewing, and MNDE's at the heart of it.

Listen up, you've got just 4 hours left to jump into the @MetaDAOProject vote on MIP.11. This proposal's a game-changer, aiming to funnel 40% of protocol fees into snagging MNDE on the open market every month. It's a vote you don't want to miss!

On May 15, Marinade's DAO gave MIP.11 the green light, setting the stage to use 40% of their Stake Auction Marketplace performance fees for MNDE buybacks. Once this kicks in, we're looking at the DAO gobbling up around 12% of MNDE's market cap every year. That's some serious buy pressure right there!

But wait, there's more! Marinade's not stopping at buybacks. They've unleashed instant unstaking for SOL, letting users ditch Solana's usual cooldown period, and they've rolled out a killer creator rewards program to back content creators and community heroes. Oh, and let's not forget the late April launch of MNDE-Enhanced Staking, hooking up active MNDE holders with 10% of SAM's performance fees. It's like a DeFi jackpot!

And here's the cherry on top: Solana's DeFi scene is exploding! Total value locked on the network has skyrocketed over 50% in the last month, jumping from $6.2 billion to over $9.3 billion. We're talking near all-time highs here, folks, and Marinade's right in the thick of it, sitting pretty with over $1.85 billion in TVL. With the Solana Foundation and early backers like Serum in their corner, Marinade's mSOL and MNDE tokens are the stars of the show, driving the DeFi revolution forward!