gS: Guardian Staked SOL - Evolving with Solana and solving for true value!

[GuardianSol]

Gm Sanctum legends and Guardians of the network!

We are proud to introduce you to our Sanctum LST gS , Guardian Staked Solana!
Designed to solve for real value and to evolve with the Solana Staking ecosystem.

Solana and the staking ecosystem is constantly evolving, there are many things to consider such as Solana’s built in inflation schedule, block rewards, SIMD’s and validator/stakepool economics, nevertheless the staking environment can and will change with time. Here at Guardian we have designed gS to evolve with the Solana staking environment to be a stable source of the best APY around while securing the network and doing our part for Solana - See our Gitbook and website for more detailed information <3

Who are we and what is our mission?

To begin introducing you to gS and what makes it the most suitable forever home for your SOL the team as put together a mission statement that captures the ethos of why we do what we do!

Here at team Guardian we have an unwavering passion and love for Solana and its community, we are all part of it and we are what makes it great. We strongly believe Solana has the right ingredients to better mankind and improve the lives of everyone in the world.

There are a vast amount of technical and ethical hurdles we must and in our belief, will overcome.

We will do this through deliberate action, a tenacity to do what’s right and an insatiable work ethic. Our mission is to provide a performant, ethical and trust worthy Guardian of the network that serves not only its backers but the future of Solana and all the ideals we strive for everyday in this space.

We take a pragmatic ethical stance on the Solana staking ecosystem solving for true value and the future of Solana we all deserve.

We have organized this project in such a way that it rewards stakers (the true backers of the network) the way they deserve to be rewarded, not just now but in the inevitable future of our ever changing Solana ecosystem.

The team is aware and laser focused on the current and future dynamics at play and do not subscribe to the “status quo” of solving for maximum profit but rather for a Guardian that will always do what’s best for the network and its backers.

Introducing Guardian Staked Solana! gS

What makes gS special?

We have structured gS to live up to our mission of creating a forward looking staking environment that will stand the test of time and provide stakers their very much earned rewards.

For the time being we have chosen the gS stake pool to direct its $SOL to be staked with Laine Validator, an OG validator in the space with a nothing less than perfect track record & reputation. We strongly believe Laine is an ethical validator and does what’s in the best interests of Solana and its users.

This way, while we are prepping Guardian Validator’s launch that will take place shortly after our Guardian NFT mint you can support us while earning a highly competitive return on your stake with an industry leading validator!

After our main-net launch of Guardian Validator we will switch over the stake pool to stake with us, initiating all the benefits that come with it.

The benefits of gS include:

• Sharing of our block rewards with gS holders.
• Future DeFI integrations.
• Partner project benefits such as Alphablock’s Alpha aggregator.
• Holder specific perks in our community.
• Access to the Guardian NFT mint.

As a base Guardian Validator will share 51% of all our block rewards with gS holders making it one of the most attractive LST’s to hold. Combined with a performant, ethical validator gS is the perfect forever home for staked SOL.

Our contribution to the community

In addition to all of our efforts mentioned above, Guardian will commit 5% of all our block rewards to be used and put to work in the ecosystem, supporting it no matter the market conditions.

This will be done via our Supercharged Rewards feature designed to reward our backers and support Solana doing our part for the ecosystem. We will choose projects that have an overall net positive effect on the Solana ecosystem. 80% of profits earned from this feature will be given directly back to our supporters via our Guardian NFT’s with the remaining 20% back into our Supercharged Rewards to benefit the next project we back.

[cee_808]

The 5% block rewards contribution to support the ecosystem is a nice touch.

While I understand that benefits will kick in after the Guardian Validator launches, what’s the timeline for that? Is the NFT mint tied to this, and how long will users have to wait for the “real” benefits of gS to kick in?

[GuardianSol]

Thanks so much!

Really appreciate you taking the time to read about us and ask questions.

While the launch is not directly tied to the NFT mint, the mint will be a factor in the speed in which we launch, as having the extra SOL to cover vote fee’s for enough time for us to qualify for stake pool allocation (Jito, Marinade, Blaze etc) is important to secure a much higher chance of success over the long run. We are also a SFDP participant and have about 6 months left before our on boarding.

We plan on minting either end of September or early November (Timing depending on how things go during our next marketing campaign kicking off next week) With our main-net launch happening one week after the initial mint.

To answer your question more directly, we will launch regardless, even if we sell 0 NFT’s it will just take a little more time. If we sell just 100 NFT’s this will give us enough to cover vote fee’s for almost a year without breaking the bank too much giving us the flexibility to be competitive and reward our holders accordingly.

We are also slowly subsidizing gS right now to reward our early adopters, so you should see our APY creep up over the next couple of epochs

Kindest Regards,
Xen / Matthew

[Tuuxx]

Hm @GuardianSol,

Genuine question, why don’t you use https://www.lilypad.cc/ launchpad to launch your collection following their LST backed NFT technology?

[GuardianSol]

Gm @Tuuxx

Thanks for the question!

From our understanding (could be wrong) their launch pad is via PathSOL only.

While it would be great to have it backed via gS if we could. We will still distribute 100% of commission and 51% of block rewards to gS. The Guardian NFT’s represent a share of our validator profits and are not tied to how much SOL you stake but how rather how much SOL the entire validator has, so what you are buying is essentially a share in the validator profit. So you are investing in the validator not just staking SOL

The benefit to us is that we will use 96% of the SOL from the mint to self stake with Guardian Validator for the sole purpose of offsetting the expensive vote fee’s and hardware costs.

The benefit to the Guardian NFT holders is that they have a constant supply of SOL that could be at a much higher rate than if they just staked the 3.25 SOL it costs to buy the share.

Kindest Regards,
Xen / Matthew

[Bengshark]

Hello @GuardianSol sorry I dont quite understand, if we got 51% of block rewards, do you have approximately APY on that? Thankyou!

[GuardianSol]

Hey @Bengshark

Great question thank you!

It is hard to say exactly how much the APY will be as it depends on the amount of native stake vs how much gS there is, as well as a bunch of other factors for example how many priority fee’s are paid during our leader slots!

We highly recommend reading our Gitbook to understand both block rewards and inflationary rewards, armed with this knowledge you can understand the dynamics at play and see why gS will be a great source of APY even as Solana’s inflationary rewards go down every year.

What we can say is that because we will charge 0% commission fee’s and have Jito MEV + performant hardware. We will be on the higher end of the native stake validators. Then on top of that we will share 51% of our validators block rewards with gS holders giving it that extra boost on APY <3

Hope this helps!

Kindest Regards,
Xen / Matthew