In-depth Analysis of the Sanctum Protocol: Tokenomics, Airdrop, and Future Development

In this article, we will delve into the latest developments of the Sanctum protocol, including its tokenomics, recent airdrop, and future development prospects.

tokenomics

Sanctum adopts a dual-token system to support its ecosystem. The $INF token serves as an incentive for liquidity providers, while $CLOUD acts as a governance token.

The total supply of the $CLOUD Token is 1 billion, distributed as follows:

• Launch liquidity: 20% (of which 10% for Airdrop, 10% for initial liquidity)
• Community Reserve: 30%
• Strategic Reserve: 11%
• Team: 25%
• Investors: 13%
• Ecosystem Development: 1%

Airdrop and Community Reaction

Sanctum conducted an Airdrop on July 18, distributing 10% of the total supply. Participants could choose to receive it immediately or wait for a certain period to obtain additional rewards. However, the community's response to the Airdrop has been mixed, with some large contributors feeling the distribution was unfair.

The team quickly responded to community concerns and promised to review contributions more carefully in the future. As of July 24, 24.24% of the Airdrop Tokens have been claimed.

Alpha Vault Success

The Alpha Vault launched in collaboration between Sanctum and Meteora has achieved significant success, with an oversubscription of 416%. This demonstrates strong interest and confidence from investors in the project.

Future Development Prospects

1. Exchange listing and DeFi integration: $CLOUD has been listed on multiple major exchanges and has established partnerships with several DeFi projects, such as Kamino, Drift, etc.

2. Sanctum Launchpad: Plan to launch a platform to support new projects, using LSTs to provide funding for innovative projects.

3. Sanctum Profiles V2: The upgraded profile feature will allow users to create their own LSTs, bringing new possibilities for social interaction and loyalty programs.

4. Sanctum Pay: A debit card based on LST is being developed, allowing users to directly use staking rewards for everyday transactions.

Summary

Sanctum provides an innovative solution to the liquidity issues of staked assets, with its TVL nearing 1 billion USD. Despite fierce competition, Sanctum demonstrates strong development potential through continuous innovation and close interaction with the community.

However, investors should be aware of the high competitiveness in the DeFi space, and Sanctum needs to continuously innovate to maintain its competitive advantage. This article is for reference only and does not constitute investment advice.