Proposal: Cloud should utilize the CLOUD token and its existing user base to create a community-driven launchpad, similar to JupLFG.
Points:
Any significant DeFi projected will be looking to create a LST native to their application, for example DriftSOL will allow Drift to directly benefit users who store their Sol in DriftValidators by offering them extra whatever points on Drift
A community-driven launchpad will allow Sanctum to identify and launch LSTs with partners with outstanding engagement.
Solana Partners can have an additional marketing opportunity both before and after Jup LFG launches.
CLOUD holders can stake their CLOUD token, and reap some benefits from new LST launches through some sort of ASR distribution, without being required to change what LST their holding - will be able to hold INF or some other LST long-term while supporting the greater unified LST community.
The community has started to share ideas here on this research forum, and weāve started directing new LST ideas to be posted on Sanctum LSTs - Sanctum Research. This will allow new LSTs to solicit community participation even before we have formal governance processes in place.
In general, Iām a fan of starting governance small ā donāt want to overcomplicate and overbuild the process too soon.
I feel the same. Sanctum is thinking about LSTs which is great but I think we also have to do something good for $CLOUD.
We have very high hopes with it and I donāt want to see it as one more governance token