Sanctum Infinity INF

1. Summary

Ranks

Liquidity

73

Developer

-

Social

21

Momentum (beta)

79

Stack Rank™

-

Price

$261.55 -4.9%

Market Cap

$57.07M (#642)

Supply

218,184.00 / 668,264.00

Tags

Solana Ecosystem Liquid Staking Tokens

More Metrics

Price
52W High price	$239.69
52W High date	1st Apr 2024 (10 months ago)
All Time High (ATH) Date	9th Nov 2021 (3 years ago)
ATH Price	$250.02
% From ATH	-17.85%
All Time Low (ATL) Date	29th Dec 2022 (2 years ago)
ATL Price	$8.97
% From ATL	2189.68%

Supply & Trading Volume
Trading Volume (24h)	$3.69M
Total Supply	668,264.00
Max Supply	668,264.00
Circulating Supply	218,184.00

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Description

Overview

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Overview

Sanctum Infinity is a noncustodial stake pool for the Solana blockchain that allows users to deposit SOL in exchange for a derivative token called SOCN, which can be redeemed for SOL at any time. The SOCN token can be used in various applications such as lending, borrowing, liquidity provision, and trading.

Description

Sanctum Infinity, symbolized by INF, is based on the Solana stake pool reference implementation, where users deposit SOL for staking, and in return, receive the INF token. This token retains liquidity and can be used for other financial purposes while its underlying SOL generates staking rewards. The staking process is facilitated by a transparent and principled delegation strategy, aiming to maximize APY and minimize variance.

Features

• Staking: Users deposit SOL and receive INF in return, which can be used for lending, borrowing, trading, and liquidity provision.
• Liquidity: INF tokens can be traded or used in other applications, ensuring liquidity while SOL is staked.
• Staking Rewards: Users earn staking rewards from their deposited SOL.
• Decentralized: The delegation strategy is designed to ensure geographic, jurisdictional, and data center decentralization among validators.
• **Transparency`: Regular reports outlining the pool’s allocation logic and validator performance are made available to the community.

Overall, Sanctum Infinity provides a seamless, liquid staking solution for Solana (SOL) users, offering flexibility and opportunities for passive income while ensuring the security of the Solana network through participation in staking.

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