Sanctum protocol specialises in the domain of liquid staked tokens (LSTs) on the Solana blockchain. It streamlines the process of generating, exchanging, and overseeing these tokens. Among its standout offerings is the "Infinity" protocol, engineered to maximise staking returns and liquidity.
Additionally, Validator LSTs are introduced to boost validator efficiency via tokenization. To bolster liquidity and facilitate efficient staking operations, Sanctum introduces a Reserve Pool and a Router. The platform accommodates a variety of LSTs, establishing a broad and cohesive ecosystem for staking alternatives.
The $CLOUD token is a governance token of the Sanctum protocol. Prospective partners will need to stake $CLOUD to qualify for the Sanctum Verified Partner program, and $CLOUD holders will vote on which partners make it in.
*The team and investors tokens are vested for the same duration. A third of the tokens unlocks one year after the TGE and the remaining 67% are unlocked in equal portions on a monthly basis for years 1-3 after the TGE.
Sanctum has the potential to become the pivotal player in the liquid staking sector on the Solana blockchain. Its user-centric approach combined with innovative technology such as the Infinity protocol and Validator LSTs address important issues and complexities associated with staking and liquidity management.