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Sanctum is a crypto project featuring an Infinity Pool, where users can deposit SOL and receive INF tokens in return. The platform allows users to deposit and withdraw SOL for liquidity, with the INF token having an associated APY (Annual Percentage Yield). The Sanctum project offers a form of liquidity provision and staking service within the Solana ecosystem, with APYs around 8%.
Users of Sanctum can benefit from enhanced liquidity and flexibility in managing their Solana-based assets, as the platform allows for seamless conversion between SOL and various Liquid Staking Tokens (LSTs). Sanctum's unified liquidity layer potentially offers improved yields and reduced slippage compared to using individual LST providers, making it more efficient for users to optimize their staking strategies. Additionally, Sanctum's innovative features like customizable LSTs and the gamified "Pets" system provide unique opportunities for users to engage with the Solana ecosystem in novel ways, potentially earning rewards and accessing exclusive benefits tied to their LST holdings.
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