Why Aren't Liquid Staking Tokens (LSTs) Popular on Solana? (Marinade)

In this episode, we chat with Brandon Tucker, head of comms at Marinade Finance, to dive into the world of liquid staking tokens on Solana. In theory, the value prop of LSTs is clear. In practice, only a tiny fraction of staked Solana uses LSTs. Throughout this conversation, we unpack why that is the case and what Marinade is doing to lean into this predominant user behavior on Solana that is much less common on chains like Ethereum. -        - Time Stamps 1:43 - The rise of LSTs  5:59 - Why LST adoption on Sol is so low 12:20 - Should epoch times be longer 15:18 - Marinade governance 20:23 - Marinade business model 16:44 - How to ensure accurate data gathering 25:47 - Centralisation vectors 33:28 - How to get more LST adoption into Sol dapps 39:04 - Competitive landscape from other providers 44:09 - Will Lido exit Sol ecosystem 47:44 - Competiton from centralised players 49:15 - How to bring liquidity back to Sol defi 53:07 - Future of LSTs 58:27 - Marinade roadmap 1:02:20 - What’s the next big thing in crypto -        - Podcast Resources Follow Sal: https://twitter.com/Sal_The_Bull Follow Dave: https://twitter.com/SolBeachBum Follow Unlayered: https://twitter.com/UnlayeredPod Subscribe on Spotify, Apple, or Google: https://unlayered.io/ Clips on YouTube: https://www.youtube.com/@UnlayeredPod -        - Episode Resources Marinade Native Staking Referral Code : https://marinade.finance/app?ref=s7iob5by Follow Brandon Tucker : https://twitter.com/BrandonTucker Follow Marinade Finance :  https://twitter.com/MarinadeFinance Marinade Website : https://Marinade.Finance