The governance token for Sanctum is called Cloud (CLOUD) and it plays a key role in the development of next-generation liquid staking infrastructure on the Solana blockchain. This token allows stakeholders to actively participate in decision-making processes that influence the ecosystem. The primary components of Sanctum's liquidity infrastructure are the Router, the Reserve, and its flagship primitive, Infinity.
The Sanctuary's Infinity Pool is a versatile multi-LST liquidity pool that supports trades between various whitelisted LSTs and allows each LST to be converted into a stake account. Users can deposit any LST into the Infinity Pool and receive the INF token, which earns staking rewards and trading fees. The pool maintains its target allocation through dynamically adjusting swap fees for each LST, ensuring liquidity while maximizing trading returns.
Sanctum's dynamic fee structure encourages trades that rebalance the pool, optimizing liquidity distribution across all supported LSTs. The pool manager can manually rebalance the pool to align with yield optimization goals, enabling the pool to adapt to market conditions and maintain optimal performance. Moreover, the Sanctum Reserve provides deep liquidity for all liquid staking tokens on Solana, ensuring liquidity even during periods of high demand.
The CLOUD token is the governance token for Sanctum, offering holders the ability to participate in decision-making processes that shape the future of the platform. The token has multiple utilities within the ecosystem and is strategically distributed to promote growth and community involvement.
CLOUD has a total supply of 1,000,000,000.
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