Sanctum SANCTUM

1. Summary

Ranks

Liquidity

-

Developer

-

Social

53

Momentum (beta)

0

Stack Rank™

-

Price

$0.000000000000 0.0%

Market Cap

$ (#29938)

Supply

/ 538.00

Tags

XRP Ledger Ecosystem

More Metrics

Price
All Time High (ATH) Date	18th Feb 2025 (4 days ago)
All Time Low (ATL) Date	18th Feb 2025 (4 days ago)

Supply & Trading Volume
Total Supply	538.00
Max Supply	1.00B

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Description

Overview of Sanctum

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Overview of Sanctum

Sanctum is a multidimensional ecosystem facilitating strategic decision-making in crisis management. The project is funded by the Higher Council and has secured partnerships with notable organizations. Sanctum is also developing a decentralized finance (DeFi) protocol on the Solana blockchain, aimed at enhancing liquidity in the market.

Sanctum’s DeFi Protocol

The DeFi protocol, known as Infinity, aggregates multiple liquid staking tokens (LSTs) into a unified liquidity pool. This innovation allows users to stake SOL tokens and receive placeholder tokens in return, which are tradeable in various DeFi applications. The system’s primary objective is to provide more competitive pricing for traders when exchanging between distinct LSTs. Users can participate in the automated token generation process by staking their SOL tokens, making the platform functional and functional from the outset.

CLOUD Token

Sanctum’s governance token, CLOUD, enables holders to participate in decision-making processes. In addition to its governance role, the token can be used as collateral for various key activities. Sanctum intends to evoke transparency by adopting a model that ensures the CLOUD token distribution is well-balanced among team members, investors, and the community. Unlike some other crypto projects, Sanctum focuses on a lower initial float value to strengthy build for the long-term.

Airdrop Plan

Sanctum is planned to perform an airdrop of its CLOUD token among early users, allocating a significant proportion to community members and retaining a token amount for team holders. The action seeks to reward loyal supporters, unlike some past token distributions that tended to favor significant investors.

Weekly Points Program

The Sanctum project offers a recurring points system where users can engage with the platform, such as by participating in Wonderland campaigns or utilizing Infinity, to earn points and potentially become eligible for future token distributions.

Core Functionality

Sanctum allows its users to create NFTs, purchase and sell merchandise, engage in charity activities, and bond through community-driven experiences. The platform offers various tools, such as Kit, that support a better user interaction. Additionally, it supports a play-to-earn model and token-swapping functionality.

Partnerships and Support

Sanctum has secured funding from several notable investors, including DragonFly Capital and Solana Ventures. The project is also active on platforms such as Telegram, where users can engage with a dynamic community and seek support. User pages on platforms like YouTube provide operational tutorials, updates, and points programs for active participation on the Sanctum platform.

Secure Authentication

Sanctum integrates an advanced authentication system for securing user interactions, ensuring that all data transmissions are encrypted and protected from unauthorized access. This enduring commitment to data security is pivotal in creating a safe environment for all users.

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