Sharlife is a Registered Shariah Advisory Firm with Securities Commission Malaysia - The only regulated provider of crypto & stocks Shariah status
Sharlife is a Registered Shariah Advisory Firm with Securities Commission Malaysia - The only regulated provider of crypto & stocks Shariah status
Name : Cloud (CLOUD)
CLOUD Price : $0.07500 +7.75%
Consensus Mechanism : Token
Volume: 1,830,144
Shariah Judgement
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Shariah Status :
Last Screening: Q3 2024
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Overview
Sanctum CLOUD is a liquid-staking protocol built on the Solana blockchain, designed to enhance the staking experience and increase user engagement in decentralized finance (DeFi). It offers liquid staking tokens (LSTs), allowing users to unlock liquidity while staking their SOL tokens. The platform introduces innovations like the Infinity Pool, which provides capital-efficient liquidity for multiple LSTs and generates yield from staking rewards and trading fees. By combining staking yields with decentralized exchanges (DEX) and validator tokenization, Sanctum CLOUD optimizes both liquidity and staking returns, creating a cohesive ecosystem for managing liquid staked tokens.
Whitepaper & Documents
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