View source for Sanctum

Sanctum is a [[Solana (SOL)|Solana]]-based protocol designed to act as a unified [[liquidity]] layer to address the fragmentation and inefficiencies associated with an ecosystem having multiple [[Liquid Staking Tokens (LSTs)|LSTs]].

==Basics==
*Based in:
*Started in / Announced on:
*[[Testnet]] release:
*[[Mainnet]] release:
==History==
==Audits & Exploits==
*[[bug bounty|Bug bounty]] program can be found [insert here].
===Bugs/Exploits===
==Governance==
===Admin Keys===
===DAO===
===Notable Governance Votes===
===Treasury===
==Token==
===Launch===

* [https://decentralparkcapital.substack.com/p/sanctum-the-most-exciting-solana From] [[Decentral]] Park Capital (29-4-2024):

''"Luckily for active participants in the [[Solana]] [[staking]] ecosystem, Sanctum recently won its [[Jupiter (JUP)|Jupiter]] LFG round, to gain a spot launching on the Jupiter [[Launchpad]], and confirmed their [[airdrop]] [[farming]] scheme, for which I was a part of its closed beta testing. This means a [[token]] is on the horizon. "''

===Token Allocation===
===Inflation===
===Utility===
====Burns====
===Other Details===
==Coin Distribution==
==Technology==
*[[Whitepaper]] or docs can be found [insert here].
*Code can be viewed [insert here].
*Built on: Solana
===How it works===

* [https://decentralparkcapital.substack.com/p/sanctum-the-most-exciting-solana From] [[Decentral Park Capital]] (29-4-2024):

''"The Sanctum protocol consists of three core products that facilitate this goal: (i) The Sanctum Reserve, (ii) The Sanctum Router and (iii) Infinity.''

''The Reserve is essentially a [[Liquidity Provider (LP)|liquidity pool]] of [[Solana (SOL)|SOL]], that allows [[Liquid Staking Tokens (LSTs)|LST]] holders to instantly swap their LST for SOL. The Reserve then automatically withdraws the SOL from the LST-[[Wrapped Tokens|wrapped]] [[staked]] account and returns it to the SOL [[liquidity pool]] to replenish the reserves. Users pay an additional premium for the luxury of bypassing the withdrawal period.''

''Given [[LSTs]] are merely wrappers around staked accounts, and the staked accounts themselves are all identical in architecture, the Reserve is available to all LSTs, regardless of [[liquidity]].''

''The Sanctum Router is a product that unwraps and rewraps staked accounts in LST wrappers, which allows for the instant swapping of one Solana LST to another. The result is that all LST liquidity is now unlocked and shared among all. The Router completely removes the dependency on the liquidity of individual LSTs, minimising slippage and enhancing user control over their staking preferences.''

''The icing on the cake for Sanctum is their Infinity product, a large-scale liquidity pool that encompasses various LSTs and facilitates [[swaps]] among them. Unlike the Router, these swaps occur as one simple [[transaction]], as opposed to multiple unwrapping and rewrapping [[transactions]], and thus are cheaper and quicker."''

===Fees===

* [https://decentralparkcapital.substack.com/p/sanctum-the-most-exciting-solana From] Decentral Park Capital (29-4-2024):

''"Sanctum [[fees]] on each of their specific products are not yet publicly available."''

===Upgrades===
===Staking===
====Validator Stats====
===Liquidity Mining===
===Scaling===
===Interoperability===
===Other Details===
==Oracle Method==
==Their Other Projects==
==Roadmap==
*Can be found [Insert link here].
==Revenue==
==Usage==

* [https://decentralparkcapital.substack.com/p/sanctum-the-most-exciting-solana From] Decentral Park Capital (29-4-2024):

''"At the time of writing, Sanctum boasts ~'''1.1m''' SOL in its Infinity product, making it the deepest LST liquidity pool across Solana [[DeFi]]. It should therefore come as no surprise that Sanctum facilitates ~'''80%''' of LST swaps on [[Jupiter (JUP)|Jupiter]]."''

===Projects that use or built on it===
==Competition==
==Pros and Cons==
===Pros===
===Cons===
==Team, Funding and Partners==
===Team===
*Full team can be found [here].
===Funding===
===Partners===
==(:==
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