How will the community fund sustain rewards over time? Will there be adjustments if demand outpaces the allocated 5M $CLOUD?
I’m not sure that this would work for Sanctum, as we already have INF.
But I like the idea and I think it can be something that could be added to the Sanctum creator coin product.
There’s a product on Hydration (Polkadot parachain) that’s called Yield DCA.
It’s what you expect: Take yield from an LST and DCA it into some other token.
I’d love to see this offered as a creator coin preset and see if we can onboard a bunch of memecoin projects to the creator coins.
Let’s take FWOG as an example:
- Stake SOL into the fwogSOL
- Weekly/monthly yield is used to buy FWOG which can be collected from the Sanctum fwogSOL page OR you can collect your FWOG at anytime from the fwogSOL page and the act of doing so swaps the SOL sitting there into FWOG.
- The FWOG team can also set up fwogSOL / FWOG LPs themselves to further expand fwogSOL usage.
@Frangan has a really good idea about cloudsol.
I prefer proposal with small fund allocated, and depending on the feedback, once empty, we can just make another vote to add more or stop.
Casting a vote is simple and we get the true opinion of people.
That exactly is the proposal.
You might want to remove the “CLOUD-04” from your title. We are already in deliberation on CLOUD-004. On YouTube that’s called clickbate bro.
Thanks for the feed back, done!
I like the idea of doing something like this to increase voting opportunities
https://research.sanctum.so/t/proposal-proposal-cloudsol-initiative/1508/24?u=bryon575
Agree. I’d love more votes. Like 2 every months.
I feel like cloudsol would just be emitting more cloud with a good chance that the cloud gets sold off later on
I can see the benefit of the incentivized INF/SOL pool for sanctum cuz people stake sol, secure SOL network, deepens liquidity of INF which is important for sanctums product, while emitting cloud which may or may not get sold off by whoever receives it.
I think people also stake (either through LST or natively) to get an APY to combat SOL’s inflationary nature
Cloudsol as an LST will help secure the sol network only while emitting cloud, and accelerating emissions the longer you hold it for as per the proposal. It’s being bought with the sol earned through staking APY but what is being bought isn’t from the current supply of cloud. It’ll be bought from additional cloud being emitted which otherwise wouldn’t be emitted without the proposal. Also no guarantee the cloud being bought will be held. I could see someone taking a gamble on cloudsol to get an even better APY if the price of cloud appreciates vs an LST that just rewards SOL, but they’d have to sell the earned cloud to really realize it.
Everyone buying is bond to sell one day. ^^’
The cloud people will get from staking their SOL on CloudSol will be bought. The tokens are not generated or given, they are bought from the market.
Only the second part of the proposal, the incentive, will be from an allocation.
But I think this proposal will create a lot of new holders. And if some sell, they will mostly sell what they bought, so not much impact on the price.
Edit : add ideas
And any proposal will hvmave their dumpers.
ASR for example, everyone agrees it is good. But everyone know that most of people will dump it as soon as they can. But because of it we have high vote participation.
As long as you win something, new users in this proposal, it is worth it.
Ahhhhhhhhh I re read it. There was cloud to be bought and then EXTRA incentive.
Gotcha!
Very interesting now. I likey. Hehe
I’m happy to know it.
very interesting indeed
This is an interesting evolution of the original idea:
Am I understanding correctly that the staker would have the option to farm cloud?
Option 1: Receive traditional APY in SOL
Option 2: Receive CLOUD by using APY rewards to buy + additional 5% more each month
I like this, and the overall ideas here , and it is very attractive to the user. I’d just like to outline some key benefits for Sanctum:
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By using staked SOL to buy CLOUD, cloudSOL increases token holders without requiring users to spend extra money. This means more people aligned with the ecosystem, and fewer speculative buyers just looking for a quick flip.
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Because CLOUD is purchased gradually via staking rewards (not distributed in bulk), there’s less risk of large dumps. The token enters the hands of active, aligned users over time, helping stabilize price action and build long-term support.
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The time-based reward model creates stickiness, incentivizing stakers to hold their stake longer, keeping more liquidity within the Sanctum ecosystem.
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cloudSOL creates a new narrative to “earn CLOUD by staking SOL.” It’s simple, compeling, and perfect for onboarding users into the Sanctosphere.
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If the community votes to allocate rewards and adjust parameters over time, it reinforces active DAO involvement and gives real power to token holders.
This seems like a win win to me.
I think you should add this thread to the “Cloud - Ideas” category.
Done. I don’t know if this tag was made when I created this post.
That could work also && it’s much more detailed then my idea
Run with it im glad you like the idea contribution.