Sanctum is now officially the #2 protocol on Solana by TVL 🥈
🏆 26%+ of Solana’s entire TVL
◎ 18M+ SOL staked through Sanctum
🌐 #29 across all of DeFi, across every chain
Even in a downtrend, capital finds where it feels safest.
📽️ Mobile DeFi has been a compromise for years. The @solanamobile Seeker changed that.
Seeker users can stake $SOL in under 2 minutes using the new @sanctumso app, earning ~8% APY.
Full walkthrough ⤵️
🚨BREAKING: @sanctumso ANNOUNCES LAUNCH OF LONG-AWAITED MOBILE APP
Currently only available to @solanamobile users
Start earning up to 10% APY on your SOL, stack your first XP points, and introduce yourself to Albus.
Sanctum app is now live, only on Seeker ☁️
Meet Albus, your companion in @sanctumso.
Earn yield, stack xp, and Seekers unlock exclusives soon.
Available on the Solana dApp Store!
Introducing Infinity V2 ♾️
INF was already the best place to grow your SOL. Now it’s also the first and only Solana LST to distribute yield continuously at the slot level.
INF holders get more performative, consistent APY while our partner LSTs get more reliable liquidity ↓
Sanctum’s biggest year yet ☁️
We’re now responsible for ~2.5% of circulating SOL, claimed the top spot in the Solana liquid staking category, and reached 3rd in TVL rankings.
Get our full update ↓
One by one, they will all adopt @sanctumso liquid staking SOL solution because that's the best way for them to grow their SOL per share and bring their value add.
Late last night I messaged the @jup_lend team as I noticed some LSTs were depegging and all the unstaked SOL inside INF had been depleted.
I suggested they increase the multiply limit for INF on Juplend.
Why?
More INF Multiply = more SOL deposits into INF to service the current swap demand = more APY for INF holders and a stronger multiply loop.
What's more, this new SOL in INF means less likelihood of LST depegging on the network.
Within a few hours they acted, increasing the multiply limit on INF from 9x to 12.5x. The cap on INF Multiply filled extremely fast. Then, after a short while, all the newly added unstaked SOL was absorbed by the market.
INF has demonstrated hands-down this weekend why it is the best place to grow SOL and is the GOAT when it comes to Multiply looping - when volatility spikes, INF's APY also spikes higher.
By providing unstaked SOL to the network in times of stress, INF earns significant returns above and beyond any single LST.
Last epoch, INF holders earned 26% APY and I suspect this epoch (ending in the next few hours) is going to be another banger.
Shoutout to the Jup Lend team for being quick to act and shoutout to @sanctumso's INF for proving, yet again, to be the BEST place to grow SOL.