Sanctum provides leading infrastructure for the Solana ecosystem, specializing in liquid staking solutions and transaction delivery services. The company powers major LSTs and validators, offering competitive APY for SOL staking through its liquidity engine. Additionally, Sanctum offers Staking-as-a-Service for partners and a Web3 DevOps platform called Ironforge.
Funding
$5.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
DFounders
Product
Problem
Users seeking to maximize staking rewards in decentralized finance (DeFi) often face challenges in balancing risk, liquidity, and governance participation. Traditional staking methods can lock up assets, limiting flexibility and access to capital, while also requiring active management of governance tokens.
Solution
This startup offers an algorithmic liquid staking protocol that allows users to earn yields while maintaining liquidity and participating in governance. The platform features a stake pool that automatically optimizes staking strategies to maximize returns, and a marketplace for trading governance token streams, enabling users to actively manage their governance rights. By providing a secure and flexible investment option, the protocol empowers users to grow their assets according to their individual risk preferences and governance objectives.
Target Audience
The primary target audience includes DeFi users, cryptocurrency investors, and governance participants seeking to optimize staking rewards, maintain liquidity, and actively manage their governance rights.
Features
- Algorithmic stake pool that automatically optimizes staking strategies for maximum APY
- Marketplace for buying and selling Liquid Staking Tokens (LSTs)
- Governance token stream trading, enabling users to actively participate in protocol governance
- Support for multiple LSTs
- Integration with Solana (SOL)