Sanctum can evolve into a Complete Solana Ecosystem

General
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Hello, Sanctum in season was new and a exciting lst solana ecosystem. However , the uses and options for Sanctum is manifold. It can become the leading Solana Ecosytem encompassing Jupiter and Kamino in terms of staking, trading and LST.
Just my thoughts on this . Please give your thoughts and any improvements , if any.

Sanctum is a Solana-based protocol with a mission to build a thriving liquid staking ecosystem. Imagine a future where all staked SOL (Solana’s native cryptocurrency) becomes liquid, and anyone can issue their own Liquid Staked Tokens (LSTs) without worrying about liquidity. Here are the key points about Sanctum:

  1. Liquid Staking Ecosystem:
  • Sanctum aims to address the fragmentation and inefficiencies associated with multiple LSTs within the Solana ecosystem. It acts as a unified liquidity layer, making LSTs more accessible to everyone.
  • LSTs represent staked SOL but in a liquid form, allowing users to participate in DeFi activities without sacrificing their staking rewards.
  1. Core Functions:
  • Infinity: Deposit liquidity (either LSTs or SOL) into Sanctum’s flagship product, the Infinity Pool. In return, you receive the Infinity (INF) token.
  • Trade: Buy and sell any LSTs instantly.
  • Stake Accounts: Convert your existing stake accounts into LSTs seamlessly.
  • LSTs: Explore and learn about various LSTs available within the ecosystem. Cloud Sol etc can be created .
  • Can trade multiple other solana tokens like jupiter and raydium exchange.
  1. Stability Protocol:
  • Sanctum serves as a buffer by releasing staked SOL for use in DeFi. This stability mechanism enhances liquidity depth and stability across the entire Solana DeFi environment.
  • Essentially, it ensures that the network remains robust even during financial shocks.
  1. Multi-Faceted Uses:
  • Sanctum combines features from different DeFi protocols:
    • Jupiter-like Governance: Governance protocols akin to Jupiter.
    • Staking Options: Staking options for cloud services.
    • Lending and Borrowing: Similar to Aave and Kamino Finance.
    • Complete DeFi Ecosystem: All these components come together to create a comprehensive Solana DeFi ecosystem.

In summary, Sanctum is pioneering a limitless LST era on Solana, making staking more flexible and accessible. Whether you’re a liquidity provider, trader, or staker, Sanctum offers a rich set of tools and opportunities. :rocket:
thank you

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Brother, this is a great synopsis of the Sanctum ecosystem, the mass adoption of LSTs, the integration with other DeFi protocol, and the usecase of Cloud within those DeFi’s. Would you like to see all this functionalities within the Sanctum ecosystem itself? Meaning having the option to depostit our LSTs within the Sanctum Platform for LP, lend/borrow, and the staking of cloud itself? Thats the idea I got from this post. That would be a great proposal, hence Sanctum could evolve into its own Solana ecosystem. Also, integrating its own LST launchpad.

Let me know if I got the right idea, bro.

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Thanks for the feedback @bhasky

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excellent feedback, the idea of borrowing staking your lsts is great and I think Sanctum has a great community and I am sure with all the right framework and support, Sanctum will evolve into the top Solana Ecosystem.

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Good insights bud. Sanctum can definitely evolve into a complete solana ecosystem like staking, lending/borrowing, swapping into any tokens. I just think it would require a lot more resources to compete with the likes of Jupiter, Kamino. But team can definitely think on these lines if they want to pivot on this roadmap in future.

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thanks begrime for your honest feedback .

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thank you Halfa for your support

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thanks bro for points and support.

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