PSR Quick Overview

Marinade introduced Protected Staking Rewards to its delegation strategy in April, 2024. PSR serves as performance protection for Marinade stakers by covering the balance of any unexpected under-performance of a validator in the the stake pool. This is done through an on-chain bond created by Marinade and each validator in the pool.

By implementing PSR, Marinade can fulfill its mission to decentralize Solana as best as possible by staking to more validators in the cluster without affecting the performance for stakers.