[New LST Proposal] healthSOL

Ofc! Its quite easy to audit actually because of the simple workflow. Hope we can get 3rd party auditor that sanctum aligned! :grin:

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I support you 100% Beng Beng!
Looking forward to all the good this LST will do.

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This will help many people from lower middle income levels, hopefully this can continue to spread goodness

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Amazing initiative! :heart:

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Congrats on the amazing voyage Bengshark! Your vision is truly amazing and the Sanctum family is lucky to have you. I will be doing my best to save 1 soul, 1 SOL at a time with you. Thanks!

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what a wonderful enterprize!! changing just a single life for the better is a wonderful thing, but by generally by changing that one life it impacts on many others around them, especially on this case being health based, so strikes a chord with me, the running family joke is i am the drain on the NHS here (just one the tablets I take are around $70 each and i take 5 a day) but we a re lucky and have national health service, that for all its faults has never let us down during a emergency

Not a proposal haha, but a thought for the team, i wonder if there is something the team can do to help these lets call them good cause LSTs such as this where the providers get the staking rewards to enable them to help others, could it be a entry into wonderland?) could it be a seperate league ? and maybe a small % of cloud asr over the course of a season for holders (but a capped total for all prohects and forfeited if they Sell during the season) as i say just thoughts to further the good causes

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Thankyou Aro, you are the best!

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Thankyou Marcus! Do you have extra health benefit idea for holder?

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Thankyou for your neverending support Dan!

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Thankyou for the ideas Johnny! Already noted it and will make an updated proposal soon!

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HEALTHSOL FEEDBACK RECAP - PROPOSAL UPDATE

Guys thank you so much for the feedback! I recap it to 3 sections and will react + put it on the roadmap accordingly!

:white_check_mark: → Highly Possible
:hourglass_flowing_sand: → Not Possible for now, but will keep on searching ways to make it work

HOLDER BENEFIT FEEDBACK

  1. Video / Chat Consultation with health professionals (@Mithelen , @fplee , @Begrime800 ) :white_check_mark: → Highly possible! This is great feedback and our doctor will help. But for now the reaction time will be limited because the Medical Doctor is freelance. We can get a full time doctor when we reach 1.000 SOL Staked. Will put it in our roadmap and feature
  2. Exclusive, fun health communities (running, etc), with zoom event like yoga, healthy lifestyle, etc (Mithelen, Begrime, @Jdd0810 ) :white_check_mark: → Highly possible, will need community participation to get it together!
  3. Mail in tests (fp) :hourglass_flowing_sand:-> Not visible for our tech for now, because mail in test focused on detecting DNA with saliva / epithelial tissue base sample. We will try to collaborate with our DNA test partner for the best price
  4. Sanctum Profiles Badge / Social Proof (fp) :white_check_mark: → Highly possible! Glad to have full support from sanctum sir. It’s a real honour. We will give dedicated poster design, and recognition on X too for people who hold more than 5 healthSOL for certain month and the social Impact they give (how many people saved, etc)
  5. collaborate with 3rd party fitness like moonwalk, etc (begrime) :white_check_mark: → Highly possible! We will work on it.

OPERATIONAL FEEDBACK

  1. Prove this authenticity of human-to-human contact, holder can participate in volunteer activity (@nothing , JD) :white_check_mark: → Noted! We will give videos, photos, and offline event timestamp in every event. The holder is really welcome if you are in Indonesia!
  2. 6 Month / 1 Year Audit Company with affordable auditor (@Halfa ) → :white_check_mark: If we get a low cost auditor, we will thrive more in this idea! Having a 3rd party audit is perfect. For now we will keep it super transparent like always so the community can audit it, and when we get an affordable 3rd party, we will discuss it again!
  3. Monthly financial report (@pot ) → :white_check_mark: Highly visible and we will do it with weekly updates to support our super transparent charity.

VISION FEEDBACK (@fplee )

  • Can you distill down for us, if someone holds 1 healthSOL for 1 month, how many checkups does that pay for? How many lives could we save? This will help us quantify and shout to the greater audience. (fp)

Based on our data right now, we only need 1$ to give basic check ups for people.

So its 1$ for 1 people checked

and 3.27$ for saving 1 person (with doctor consultation and free medicine)

According to the staking rewards, if 1 SOL generates 1$ a month, then 1 SOL = 1 People Checked a month :slight_smile:

This is the most exciting part of the feedback, we learn a lot about stretch goals and we think for a long time about what is possible and what will impact the most for the environment and holder. So here we go (feel free to give feedback and suggestions on this, we need it!)

If SOL is still in this price range, with 9% APY, we will get 1$ a month for 1 SOL.

Charity Stretch Goal (SOL Staked)

1.000 → We can provide free health check ups for 300-500 people monthly, and help give free doctor consultation for 100-200 people monthly. We can be very impactful in 1 city

10.000 → We can provide free health check ups for 3.000-5.000 people monthly, and help give free doctor consultation for 1.000-2.000 people monthly. We can be very impactful in 5 cities

100.000 → This is really a game changer and I’m sure we will change our preventive medicine landscape with this movement. We can start this free health check up movement in another country and help 30.000 - 50.000 people a month.

Holder benefit stretch goal (SOL Staked) :

1.000 → 1 full time doctor to help private chat / web consultation (strictly unprofessional for legal purpose, but we can provide second opinion + preventive measures)

10.000 → A team of doctors and nutritionists can join the fray. Eligible holders can get a nutrition plan and diet plan with 1 on 1 consultation.

100.000 → First Mutual Aid product in Crypto History

Mutual Aid is similar to insurance, but it’s community based and we can help holders who face adversities in chronic disease in the long run. Details and derisks will be handled by professionals.

This is the most exciting part, if we are able to reach 100.000 staked, we can start to develop Mutual Aid Funds with the treasuries. We can hire competent people in this semi insurance business so we can provide relief for holders who unfortunately get chronic disease when holding HealthSOL.

We can call this Mutual Aid as :

HHH → Holder Help Holder

Excited to discuss the Stretch Goal and what can be possible for us!

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Honored to have been mentioned, also would be nice to have a pet that represents healthSOL. I’m going to try my best during the first year to help 1% of the first 1.000 sol goal, that’s my first target! :pray:

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Thanks brother really appreciate it! :partying_face:

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Great to see the revised version. Finally HealthSOL is coming to life. Waiting for the launch so that we can get the ball rolling and start saving lives globally.

Any timelines on the launch? Can it be an exclusive launch to avoid diluting the goal since it will be first of its kind?

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Brother,

This is amazing and ecxiting.

  • the transparency aligns with Sanctum philosophy in a way that builds trust, great community relations, and more adoption
  • I feel honoured that my two part feedback are possible within holders benefit and operational
  • the badge of honour is a nice touch as well
  • the mutual aid is the most amazing initiative of this entire proposal, we will be extended beyond other countries that could benefit. However, the most important part is that the holders and specially those in distress or need could also benefit and bw care for.
    I am excited and on board to be a proud Health-SOL holder, and do my part to grow the ecosystem.

Last thoughts.

  • As season 2 of Sanctum Wonderland I would love to see HealthSOL integrated with a pet (one of those cute little pets with a nurse cap ) and a LST channel in discord.
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This is incredible! Could never imagine being Sanctum aligned would provide opportunity to support people around the world. Let’s get to 100,000 staked asap

Can’t wait to keep following this project.

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I think we can expand on this by finding entities with alignment to the same goals. Charities can park some parts of their budgets in healthSOL that increases funds by increasing yields.

The entity that has the highest alignment with this would be insurance companies or health maintenance organizations.

There are usually hospital riders in insurance plans and other riders related to chronic diseases.

The insurance company can then park money on healthSOL and the yield can then be divided between the insurance company (inflation protect capital) and the organization for providing primary health care.

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pretty incredible how LSTs like healthSOL will have a direct positive social impact, all the best with this @Bengshark

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Gm @Bengshark, and thank you for your proposal!

I fully support this idea and have nothing further to add, as your updated proposal has successfully incorporated all the relevant comments and ideas (a big win for the research forum, by the way!).

If we implement a $CLOUD voting system to decide which LST to highlight through $INF basket allocation, Sanctum verified list, Wonderland weekly quests, etc., $healthSOL could be an excellent project to feature first!

Feel free to reach out if I can assist you in any way!

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@Tuuxx, With a recent proposal from @Jdd0810, healthSOL is likely going to be the first feature of the new Townhall series!

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