TechFlow news, according to the official governance forum, the Solana staking protocol Marinade DAO has proposed a new initiative to unlock 50 million MNDE tokens for the Marinade Earn Season 3 incentive program.
The proposal suggests allocating 25 million MNDE tokens to implement a strategy on Solend that would make looping (leveraged yield) with mSOL/SOL from Meteora more profitable than current mSOL pools (such as those on Solend and Kamino) and other SOL LSTs, thereby deepening mSOL liquidity within DeFi.
Additionally, the proposal recommends allocating another 25 million MNDE tokens to incentivize both existing and upcoming Solana ecosystem tokens to pair with mSOL, further embedding mSOL into the Solana economy and enhancing its liquidity. This will be executed through Kamino's vaults and will include both new and established Solana ecosystem tokens as well as established protocol tokens.
