What is sanctum?

• Solana LST(Liquid staked token)gate
• dealing process of generating, exchanging sanctum made LST tokens. Not just a simple lst, Validator LSTs are introduced to boost validator efficiency via tokenization. To bolster liquidity and facilitate efficient staking operations, Sanctum introduces a Reserve Pool and a Router. The platform accommodates a variety of LSTs, establishing a broad and cohesive ecosystem for staking alternatives.

Recently, $CLOUD surge a lot due to bnSOL's listing on Binance and then pulled back, so I think it is at a good price to enter.

TVLs/Fee going crazy

• In about 10 days, TVL increased by nearly $200M

Jito($2.2B) > Marinade($1.32B) = Sanctum($1.21B) > Solayer($230M)

• A few days ago, sanctum’s LST(not include infinity) fee exceeded $1M

(Bybit sol fees are collected into this wallet, but the exact rate of fee has not been disclosed)

Infinity's inf pool fee is excluded https://learn.sanctum.so/docs/protocol/infinity/fee-mechanism-of-infinity

Only Solayer was mentioned in the collaboration with Binance

• Many CTs said bnsol is published by solayer and has nothing to do with sanctum → no. bnSOL's main staking destination is solayer, but if you look at various circumstances and Founder's forum posting, you can see that there was an NDA using sanctum's open source.