Beginner
Intermediate
Advanced

We are Listing Cloud (CLOUD)

September 26, 2024
•
1 min

Sanctum.so is a platform built on the Solana blockchain that enables the creation and launch of new Liquid Staking Tokens (LSTs). LSTs are derivatives that allow users to earn staking rewards without locking up their underlying assets. Sanctum's goal is to create an ‘infinite-LST future’ by facilitating the launch of millions of new assets.

The platform provides tools and services for projects to create and launch their own LSTs, potentially increasing liquidity and diversification in Solana’s ecosystem. 

What is the CLOUD token?

The CLOUD token is a crucial component of the Sanctum.so ecosystem. It serves as both a governance token and a utility token, providing holders with various benefits and privileges within the platform.  

CLOUD token holders have a say in the future of Sanctum.so. They can vote on important decisions, such as platform upgrades, partnerships, and strategic initiatives. The project reserves 30% of the total token supply for community incentives. 

CLOUD token holders may also gain access to exclusive features, such as early access to new products or services, preferential rates, or participation in special events.

Here are some of the other key aspects you should consider:

  • Trading Volume (24h): The trading volume of CLOUD in the past 24 hours is $7,377,956.
  • Circulating Supply: The circulating supply of CLOUD is 180,000,000 tokens.
  • Total Supply: The total supply of CLOUD is 1,000,000,000 tokens.

Trade CLOUD

Join the Sanctum.so ecosystem and shape the future of LSTs! To do so, head over to our trading page and secure your first CLOUD tokens.

Risk Disclosure Statement

The information provided in this article is for educational and informational purposes only and should not be construed as financial, tax, or legal advice or recommendation. Dealing with virtual currencies involves significant risks, including the potential loss of your investment. We strongly recommend you obtain independent professional advice before making any financial decisions. The products and services offered by Cryptology may not be suitable for all users and may not be available in certain countries or jurisdictions. The promotional materials do not guarantee any specific outcomes or profits from virtual trading. Past performance is not indicative of future results. It is important to read and understand the risks, which are explained in our Risk Disclosure Statement

Katya V.

Katya is one of Cryptology’s skilled content managers and a writer with a diverse background in content creation, editing, and digital marketing. With experience in several different industries, mostly blockchain and others like deep tech, they have refined their ability to craft compelling narratives and develop SEO strategies.