I think Sanctum offers one of the best product on Solana right now: Liquid Staking.
If you're a not familiar with liquid staking is quite easy to understand and all you have to do is:
- Visit Sanctum Website ---> here
- Connect your Wallet
- Swap SOL for INF (1 SOL = 0.83 INF)
- Hold INF in your wallet and earn you'll be earning the INF's APY
That's it!
You do not need to stake your INF! So long as you're holding INF in your wallet, you're considered "staked" into the Infinity Pool and you'll be earning the INF's APY.
INF's APY is greater than staking Solana, the average SOL staking reward is between 5 and 7%, holding INF you get 9,19% APY!
Today they launched their points campaign as well, and they are partnering with 18+ projects with different liquid staking options. You can find on their website page under LSTs.
Some LSTs reward you in a different way: like bonkSOL rewards with BONK as well, bSOL rewards you with BLZE rewards etc. .
Their points campaign is quite unique cause you will own a Pet by holding its corresponding liquid staking token (LST). Earn EXPs to level up your Pets, and you will watch them evolve and stand to be rewarded in future.
Owning all pets doesn't mean to get more rewards, but it's more a preference of which LST you like.
I chose 2 LST: INF and hSOL by Helium Labs.
I almost forgot to mention one of the most important thing: Sanctum will launch its own token and they won the last round of the LFG Jupiter Launchpad.
The launch should happen in May or June, so collecting the points will probably be rewarded with the token airdrop as well.
