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How to Stake Shido Network (SHIDO) on Marinade Finance

Marinade Finance may not directly support SHIDO staking, but you can still use Marinade Finance to buy SHIDO and transfer it for staking.

Current APY

4.9%

Price

$0.0002

Platform Fee

6%

Platform Type

liquid

Start Staking SHIDO on Marinade Finance

Marinade Finance gives you full control of your assets.

Stake SHIDO on Marinade Finance →

Step-by-Step: Stake SHIDO on Marinade Finance

1

Get a compatible wallet

You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Shido Network's network.

2

Acquire SHIDO

Buy SHIDO from an exchange and transfer it to your wallet, or swap for it using a DEX.

3

Visit Marinade Finance

Go to Marinade Finance's staking interface and connect your wallet.

4

Stake and receive liquid tokens

Enter your SHIDO amount and confirm the staking transaction. You'll receive a liquid staking token (LST) representing your staked position.

5

Use your LST in DeFi (optional)

Your liquid staking token can be used across DeFi — lend it, provide liquidity, or hold it to earn staking rewards passively.

Marinade Finance for SHIDO Staking: Pros & Cons

Pros

  • + Native Solana liquid staking — no ETH bridge risk
  • + mSOL usable across Marinade's DeFi partners
  • + Distributes stake across 450+ validators for decentralization
  • + Instant unstake available for a small fee

Cons

  • - Solana-only
  • - Smart contract risk
  • - mSOL liquidity lower than stETH on Ethereum

FAQ: SHIDO Staking on Marinade Finance

What APY can I earn staking SHIDO on Marinade Finance?
The current estimated APY for SHIDO staking is around 4.9%. Actual rates vary based on network conditions, validator performance, and Marinade Finance's fee structure (6% of staking rewards).
Is staking SHIDO on Marinade Finance safe?
Marinade Finance is a non-custodial protocol with a high risk profile for SHIDO staking. As a non-custodial platform, you retain control of your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake SHIDO from Marinade Finance?
Unstaking times depend on the network: Flexible (mSOL is liquid). During the unstaking period, your SHIDO won't earn rewards.
What fees does Marinade Finance charge for SHIDO staking?
Marinade Finance charges 6% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake SHIDO on other platforms?
Yes! You can compare all available platforms for SHIDO staking on our How to Stake Shido Network guide. Different platforms offer different APY rates, fees, and custody models.