Solana's Sanctum Liquid Staking: Hype or Hidden Gem? (My Personal Review)

By Cryptofab | Cointune | 11 May 2024


I've been seeing a lot of buzz lately about Sanctum, this new liquid staking protocol on Solana. Remember how frustrating it was to lock up your SOL for staking? No trading, no DeFi fun... just sitting there. Well, Sanctum promises to change that by letting you stake your SOL and still use it for all sorts of cool stuff.

Now, I'm always a little wary of super hyped projects, but Sanctum has definitely piqued my interest. It reminds me a bit of Jito back when they launched - a brand new platform with a ton of potential, and that juicy airdrop they did for early users? Yeah, that got my attention.

Here's the thing: I'm not here to shill or tell you what to do with your crypto. But I am a huge fan of innovation in the staking space, and Sanctum definitely seems to be on the cutting edge. They've even gone through some serious audits to make sure everything is secure (but hey, DYOR as always!).

So, is Sanctum worth it? Honestly, I can't say for sure yet. The platform is still very new, and there's always some risk involved in any DeFi project. But for someone who's looking for a way to earn staking rewards on their SOL without sacrificing flexibility, Sanctum is definitely worth checking out.

P.S. If you do decide to give Sanctum a try, consider using my referral link: https://sanc.tm/w?ref=SXHT3T

It helps out a fellow crypto enthusiast (me!), and who knows, maybe there will be an airdrop someday ;).

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Cryptofab
Cryptofab

Studying Bitcoin, Alts & Arts.


Cointune
Cointune

Crypto, DeFi and passive income.

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