MNDE serves as the governance token for Marinade, a platform designed to enhance staking on the Solana network. Marinade allows users to stake their SOL tokens without the drawback of illiquidity by converting SOL into mSOL, a tokenized version of staked SOL. This innovative approach enables users to actively participate in securing the network while maintaining access to their assets. By using mSOL, holders can engage in various activities within the Solana DeFi ecosystem. Users can provide liquidity, deposit assets into lending protocols, and even purchase NFTs, all while their original SOL remains staked. The dual utility of mSOL empowers users to maximize their investments in a seamless manner. Through its governance model, MNDE token holders can influence decisions and drive the future direction of the Marinade platform, ensuring a community-driven approach to development and enhancements.