Bankless: SANCTUM Guide

Author: William M. Peaster, Bankless; Compilation: Deng Tong, Bitchain Vision World

There are some SOL in your wallet -what is the use of it?

Moral pledge is becoming a more popular choice; this requires pledged your solid to pledged pool instead of pledged directly to the Solana network.In the process, you will receive a tokens representing SOL, which represent your pledged SOL, that is, the mobile pledged token (LST).

What are the advantages of this method?Lobricity and passive income.Through LST, you can retain a mobile version of the bet SOL. You can borrow or trade as needed, and at the same time, you can still get Solana pledge rewards from your basic pool position.

Like Ethereum, there are various LST products on Solana, such as Jupsol of Jupiter, Bonksol of Bonk, HSOL of Helium, and so on.These Solana LST APY has been around 7-10% recently, which is very attractive in itself.

Sanctum has attracted much attention due to its Wonderland reward program. The plan is further, so you only need to click the mouse a few times to invest SOL LST into an additional reward plan to get potential airdrops.

SANCTUM is a mobile pledge platform on Solana, and is committed to becoming a base for Sol LST users.At present, the main products of the Sanctum Web App include:

  • Infinity– Infinity pool, which is used to deposit LST or SOL into Sanctum to receive beneficial INFINITY (INF) tokens;

  • trade—It is used to quickly exchange or replace any LSTAM allowable LST;

  • Equity account– Used to convert conventional SOL equity accounts to LST;

  • LST– More information for finding and understanding LSTum supported by Sanctum.

These are very useful in itself, but what really becomes interesting is Sanctum’s new Wonderland reward program.

The Sanctum game is a collection of pets. You can get pets by holding LST on the allowable list and upgrade with EXP points. Each LST has its own unique pet.

After joining Wonderland, you only need to have a related lst with at least 0.1 value to get pets, and you can earn 10 EXP per minute per 1 SOL value.

The evolution mechanism is about to be launched, and each pet can go through three evolution, and the highest level can reach 999.You can also obtain experience multiple by completing the upcoming community task.

Having said that, Wonderland is a relaxed and interesting way to participate in SOL LST, and it is certain that if Sanctum launches native governance tokens, participation will become a factor in future airdrops.

Interested in it?This is very simple: go to the App.sanctum.so/wonderland, connect your choice solana wallet, and then complete the operation according to the instructions in the subsequent pop -up window.

This is everything you need!

But remember, you need to hold at least 0.1 SOL qualified LST to start accumulating points.If you still need to buy some, the fastest way is Sanctum’s trading center.After exchanging to the tokens you choose, you will automatically start accumulating experience.

In addition, please remember that once you join Wonderland, you will get a recommendation code, and you will get 5%of the EXP earned by the person you recommend.You can also get Referral Cupcakes, and you can exchange reward experience later.

Looking forward to the future, SANCTUM’s goal is to promote Wonderland in mid -long -term seasons, while continuously adding new partners and tasks.Therefore, the first season is an opportunity to qualify as soon as possible, which may become a chance of profit -making Sorana airdrop!

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