We’re seeing a trend on token launchpads (Jupiter Studio, GoFundMeme, Believe, LaunchLab, M3M3 etc…) for options to be offered that reflect a more serious, longer term token launch.
These vary but they’re incorporating things like vested unlocks, different yield curves, token allocations at launch, bakedin token staking etc…
What they’re all missing is an LP that is geared towards long term yield.
SOL is a non yield bearing asset.
INF is a yield bearing asset.
I’m proposing Sanctum approach launchpads and pitch INF as a token pairing option and market this with sCLOUD incentives for tokens that reach a certain MC.
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Cloud itself is boring. Noone wants it unless they want to have clout on Votes ? (Being Sarcastic).
I agree with the noticing Launchpads importance.
We should promote INF instead of Sol as the pairing (interesting idea)
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CLOUD is the only thing you have in the treasurery though.
So it’s got to be the rewards token.
Anyhow, plenty of other LST providers have successfully used their governance tokens to drive usage of their LSTs.
It’s got to be sCLOUD though. Least people have to wait before they dump it.
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I’d be in favor of some kind of incubator program where the team selects one or two teams out of however many that apply to receive INF to pair with their projects token.
it could be kind of annoying to implement though. to ensure they can’t turn around and run away with the goods, the liquidity would need to probably be run by the sanctum team.
it could be sCLOUD from the community reserve instead, but that wouldn’t be as attractive from a fee perspective. not sure how feasible this kind of thing is in general but sounds interesting.
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Just a small note in addition to all that. The team is relatively small and already doing a good amount of work. Realistically they would need to grow some before being able to tackle proposals that require a good chunk of their time to manage/develop. All in due time; as revenue grows I’m sure they’ll be able to expand and pick up proposals they think align with the protocols mission.
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It’s just the listing token. Sanctum wouldn’t provide INF anymore than Pump provides SOL to a token than launches.
As an example, GoFundMeme did almost roll out jitoSOL as the main listing pair on their platform (right before their exploit ground things to halt over there).