1.Project introduction

Sanctum aims to make all staked SOL liquid, enhancing the SOL economy. The primary issue they address is the non-tradable nature of staked SOL, which liquid staking solves by allowing staked SOL to be used in DeFi while securing the network. Despite its advantages, liquid staking adoption has been low due to fragmented liquidity and high fees. Sanctum's unified liquidity layer and validator LSTs offer a more efficient and user-friendly solution. Their roadmap includes phases to build a unified liquidity layer, launch numerous LSTs, and create a multi-LST LP for infinite liquidity.

2.Team introduction

Co-founder FP Lee

Co-founder Anatoly Yakovenko

3.Investment institution

Dragonfly, CMS Holdings, Defiance Capital, Jump, Sequoia India and Solana Ventures amidst others.

4.Token distribution

Launch Liquidity (18%)

Community Reserve (30%)

Strategic Reserve (13%)

Team (25%)

Investors (13%)

Jup LFG (1%)