Marinade Finance recently achieved a score of 37/40 on @Blockworks_ Token Transparency.
Here’s what stood out to me about @MarinadeFinance's Token Transparency results perfect Scores in Key Areas:
⟶ Team/Project: 10/10
Marinade provided comprehensive details about their team and project, demonstrating clear operations.
⟶ Financial Disclosure: 5/5
They fully disclosed revenue and plans to fund their DAO treasury.
What is Token Transparency?
The Token Transparency Framework (TTF) evaluates projects based on 18 criteria, including team background, finances, and token distribution. Think of it as a crypto credit rating.
Major Considerations for Token Transparency:
➢ Project/Team
➢ Token Allocation
➢ Market Structure
➢ Financial Disclosure
This focus on transparency is crucial for Marinade and seems aligned especially following their recent $MNDE tokenomics revamp involving ASR, buybacks, and burn strategies.
Blockworks
@Blockworks_
08-11
0/ The fourth cohort of the Token Transparency Framework is LIVE. Joining the initiative:
- EtherFi
- Fluid
- Marinade
- Wallet Connect
- Horizen
Each is raising the disclosure bar. Let’s unpack the material segments...
► Check details about $MNDE ASR, Buybacks and Burn here ↴
Eli5DeFi
@eli5_defi
08-07
➥ Marinade Active Staking Rewards (ASR) and $MNDE Buybacks & Burn
Yesterday @MarinadeFinance's X Spaces unveils several initiatives to stregntgen alignment between protocol and $MNDE token.
Let's do some quick recap ↴
— Active Staking Rewards (ASR)
Under the proposed
@MarinadeFinance deserves a gold star and maybe a DAO diploma.
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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