Marinade and Solana Venezuela Build On-Chain Yield Donation for Earthquake Relief
Marinade Finance and Solana Venezuela launched a yield-donation campaign July 1 for earthquake relief. Stake SOL, keep your principal, donate the yield on-chain.
Marinade MNDE$0.019-0.2% and Solana Venezuela launched a yield-donation campaign on July 1 for earthquake victims in Venezuela, building a mechanism that lets SOL holders contribute staking rewards to relief efforts without giving up their principal.
Two earthquakes struck Venezuela on June 24, causing significant destruction in La Guaira and surrounding coastal areas, with casualties climbing and thousands of families displaced. The campaign runs through July 31.
How the Marinade Yield-Donation Mechanism Works
A user stakes SOL on Marinade's native staking product, the same way they would ordinarily. During July, the staking yield generated by that position flows on-chain directly to Venezuelan earthquake relief rather than back to the staker. The staked SOL never moves; the principal is returned in full when the user unstakes.
Marinade CEO Michael Repetný described the backstory in a post on July 1: "A few days back @soymaikoldev reached out asking for help for his country. Fundraising and supporting non-profits has always been one of the ideas behind Marinade's recipes, so this felt like a message meant for me. Anyone can help: natively stake your Solana and donate the yield for the month of July. Your Solana stays yours the entire time."
The campaign page at app.marinade.finance lets users stake and track donation progress on-chain. A separate learn article at Marinade describes the full distribution path, including which organizations receive the funds and how disbursement reaches aid on the ground.
Why Solana Native Staking Enables This Model
Solana staking yield is a discrete, programmable output rather than an embedded return on a pooled asset. Marinade's native staking product lets users direct where that yield flows: to themselves, or in this case, to a designated relief address. The SOL principal never enters a smart contract; it stays in a validator-delegated stake account controlled by the user.
The yield is the donation, not the asset. Participants give up only the monthly staking return they would otherwise have received, while their SOL stays intact.
mSOL (mSOL) is Marinade's liquid staking token variant; the campaign uses Marinade Native, the non-tokenized staking option where SOL stays in the user's own stake account.
The June 24 Venezuela Earthquakes
Two earthquakes struck Venezuela on June 24, 2026. The coastal city of La Guaira suffered severe building collapses, with health centers among the destroyed infrastructure. The U.S. deployed search and rescue teams from Virginia and California and pledged $150 million to faith-based organizations and UN agencies responding on the ground. Multiple organizations have opened Venezuela earthquake relief funds.
The Solana Venezuela community coordinated with Marinade quickly. The campaign went live within days of the disaster.
Solana Community Response to Venezuela Relief
The announcement thread drew more than 72,000 views within hours of going live. @SolanaVenezuela replied directly: "Thank you so much team." Community members across the ecosystem amplified the campaign.
This is not the first time Marinade has used yield as a configurable output for purposes beyond the staker. The protocol previously let SOL stakers receive their yield as tokenized SpaceX stock through its SPCX earn strategy, launched in June 2026. The Venezuela campaign applies the same underlying yield-routing capability to a humanitarian purpose.
The campaign runs through July 31.
Comments
Please login to leave a comment.
Contents
Related Content
SOL Staking on Autopilot with Marinade
The Future of Staking On Solana | Michael Repetný
Breakpoint 2024: Product Keynote: Bonk for Paws: Only Pawsible on Solana
Breakpoint 2024: Product Keynote: Marinade (Michael Repetny)
Scale or Die 2025: Stake auction: the good, the bad, the ugly (Michael Repetny | Marinade)
Marinade Native Lets SOL Stakers Collect Their Yield as Tokenized SpaceX Stock
Are DATs Bullish For Solana DeFi?
The Ethereum Merge Explained | Superteam Clips
TradFi Unlocked: Discussing the VanEck JitoSOL ETF S-1 Filing
Breakpoint 2023: Water from a Stone: Liquid Staking on Solana
The State of Returns on Solana: Solstice (Ben Nadareski)
Solana DeFi Summer Is Coming | Sang Kim
How Hylo Is Accelerating Solana DeFi In 2026 | Plish
How Step Finance tracks the firehose of Solana DeFi data (feat. @TheSoftwareJedi, lead backend dev)
Ship or Die at Accelerate 2025: Driving Real-World Adoption of Solana
Latest news
Bank Leumi Becomes First Israeli Bank to Offer Bitcoin, Ether, and Solana Trading
Solana Tokenized Stock DEX Volume Hits $5.8B in Q2 as xStocks Commands 58% of DeFi Deposits
Solana Company (HSDT) Launches Tokyo Validator Cluster, Reports $2.5M Q2 Staking Revenue
Helium CEO Says SpaceX's Mobile Strategy Validates Helium's DePIN Approach
SIMD-0296 Raises Solana's Maximum Transaction Size to 4,096 Bytes with New
Pyth Pro Reaches $7.49M ARR in July With 22% Monthly Growth and 3,501 Market Feeds
Solana Processed $23M in 2026 WSOP Payments, Roughly 6% of All Buy-Ins, Vibhu Norby Says
Kamino's Institutional Commodity Yield Vault Fills $25M Opening Capacity
Coinbase Deploys First Solana Smart Contract, Vector Team Cuts DEX Quote Errors 80%
Meteora Reports $140M in LP Fees and $32B in H1 2026 Trading Volume
Solana Token Markets