In our latest Learn 101 livestream session, we gathered an esteemed panel of crypto experts to share insights on whether BTC will soar to $100K by 2024.

The extreme volatility of Bitcoin and periods of strong growth throughout its history have created substantial wealth for many investors. Bitcoin breached $70,000 earlier in 2024, and many investors are eagerly awaiting price movement to $100,000.

, we ask, “Will Bitcoin Soar to $100K by 2024?”

, provides a recap of our Learn 101 livestreams, offering you comprehensive expertise and insights from leading figures in the crypto industry in case you miss the livestream.

Joining the livestream on Sep 11, 2024 were four distinguished guests:

Under the moderation of Sabrina Chua, Crypto Evangelist and SEO Editor at Bybit, this episode explores if Bitcoin’s price will reach $100K by 2024.

Bitcoin's Journey — Looking Back to Look Forward

At the start of the livestream, Michael Ionita created an automated trading order to demonstrate how easy it is. It remained running in the background until the end of the stream, when our guests reviewed the order.

Throughout the years, Bitcoin’s price has been influenced by the Jackson Hole Economic Symposium, government policy, ETF applications and other factors. Henrique Centieiro stated that short-term macroeconomics are impacted by the Federal Reserve. The economy is currently relatively shaky, and he anticipates more money will be printed. When this last took place, the stock market shot up, and Bitcoin’s price increased substantially. Centieiro attributes this to the level of increased money in circulation.

Referring to a chart that shows a correlation between lowered U.S. interest rates and Bitcoin’s price, Ionita demonstrated that increased money supply has boosted Bitcoin’s prices.

Jerry Li is bullish over the next six months. He reminded us that inflation weakens both the U.S. dollar and purchasing power, and as interest rates drop, he sees a correction in the crypto market that will positively affect Bitcoin’s price.

Centieiro stated that some people will take profits during the rate adjustment. He believes that the next month may be bearish, but there will then be a bull rush.

Ionita said that the market has been impacted by Russia’s new Bitcoin policy, asserting that this is bringing more funds into Bitcoin. However, many people in Russia are holding Bitcoin on a short-term basis because they’re making purchases with it. This makes Russia’s policy impact both bullish and bearish: Ionita maintains that other countries may act on this by prohibiting or limiting Bitcoin because of world events.

Meanwhile, Centieiro stated that the amount of money being kept on exchanges is at an all-time low, which means people are holding for a longer period of time. Bitcoin miners continue to invest in mining equipment. In addition, Michael Saylor has stated that Bitcoin’s price will reach 

Li drew attention to the fact that recently, hash power has increased dramatically, which is attributable to the entrance of more people and countries into the crypto market.

Ionita described the Bitcoin Spot ETF rally of 100%, attributing it to massive public interest. He believes BTC’s price is being heavily restricted because of this huge interest, and expects its price to rise by the end of October, based on the interest in Bitcoin Spot ETFs.

Centieiro said that there’s a lag as money managers decide whether to invest or not. Adding Bitcoin to a fund, even in small amounts, increases diversity and lower risks. He believes this is a win-win situation for money managers.

Li reminded us that Bitcoin will definitely reach $100,000 at some point, but nobody knows when. The upcoming U.S. election may drive its price up, but it could also bring greater volatility. Other catalysts may drive the price up as well.

Ionita referred to his screen again, saying that it’s hard to predict a price for something with multiple variables. However, he referred to the Fibonacci cycle for the current market, which reveals a Bitcoin price prediction between $200,000 to $300,000, adding that it’s impossible to predict the time frame. The average cycle time, however, is 1,069 days, which would extrapolate to the end of October 2025, but this time frame is fuzzy. He believes $200,000 is realistic for the cycle.

Centieiro described some price movement obstacles that have prevented Bitcoin’s price increase or slowed the time frame for BTC hitting $100,000 — the uncertainty of the U.S. election, for one. He also referred to a chart showing a lower flow in market-based mining activity. This indicates a type of magnet for the price. Centieiro also introduced a power log that shows BItcoin’s price should currently be around $90,000. He believes the current price is a pressure cooker, and the price will therefore greatly increase.

Zitane said the main risks that could stymie BTC price growth are regulatory uncertainty, economic instability and military conflicts, among others, directly affecting BTC’s price.

Ionita added that investors should get out of any risky asset in a downturn in order to prevent loss. He stressed the importance of understanding that both BTC and the U.S. dollar are preferred as investments in different situations, and showed a graph indicating that dollar-cost averaging (DCA) isn’t a wise approach for risky assets.

Li, however, stated that he uses DCA. He believes it’s a healthy strategy over a long period of time, due to his confidence that Bitcoin’s price will eventually go back up after a dip.

Centieiro agreed with Ionita that it’s not advisable to use DCA for an asset that’s going to zero. However, he doesn’t believe that Bitcoin will ever go to zero. Centieiro believes in DCA as a solid, long-term strategy to smooth out BTC market volatility.

Zitane has a simple strategy: he only uses DCA. He makes a purchase, and then buys again if the price goes down. He pays attention to the news, keeps buying when the price goes down and continues to reduce his average price.

Ionita reminded us that you can make more money with manual trading if you know what you’re doing. Most people aren’t professional traders, though, and can get wrecked in a bear market if they don’t stay on top of things. He recommends that these traders use an automated algorithm.

Smart Trading — Entering and Exiting with Confidence

Centieiro explained how he enters a trade: he buys BTC and holds it for at least a few years, looking for a relatively cheaper price as compared to previous prices. This is determined by a look at the 200-day moving average. He also looks at the Crypto Fear & Greed Index. Centieiro explained that investors must decide how long they plan to hold BTC 

 buying it. He invests a portion of his investment amount at one time, and spreads the rest of his investment out over several weeks.

Ionita, however, holds his BTC over several months. He looks at Fibonacci and other charts to invest funds in BTC and several other assets, based on risk. He maintains a specific allocation, with more allocation to the least risky assets.

This session of the Learn 101 livestream highlighted “Will Bitcoin Soar to $100K by 2024?”

As part of the livestream, Bybit is holding an 

 that offers you a chance to participate in our pop quiz and win a share of 300 USDT in airdrops. The event period is through September 18, 2024, 11:59PM UTC.

Stay tuned for more discussions on the dynamic world of cryptocurrencies!

Intermediate

will bitcoin soar to $100K by 2024 featured image

EN_2408-T34286_Learn Livestream_1600x900_B.png

Learn Live ICYMI: Will Bitcoin Soar to $100K by 2024?

Self Chain (SLF) is a Layer 1 network that provides a cross-chain keyless wallet solution, along with modular intent-based transaction execution capabilities.

 can be tedious and frustrating, especially for beginners. At the same time, careful private key management is crucial if the user wants to avoid security breaches or the loss of access to their wallet. 

Wouldn't it be great if you could transact securely on blockchains using your social media logins while also enjoying the cryptographic protection features provided by crypto wallets? And without the need for private key or 

This is exactly what Self Chain (SLF), an innovative 

 blockchain project, offers to the crypto user community.

multi-party computation — threshold signature scheme

 (MPC-TSS), Self Chain offers keyless wallet services that let you transact across multiple chains and applications. Additionally, its solution comes with a large language model (LLM) intent-based chat assistant to find you the best deals and transaction options in the cryptocurrency world.

 (SLF) is a decentralized platform that describes itself as the first modular intent-centric access Layer 1 blockchain. 

It provides two key services: an AI-driven chat assistant that helps users carry out intent-based transactions, and a keyless wallet solution that facilitates multichain logins and transactions without the need for private key or seed phrase management. Self Chain’s Layer 1 network is based on the popular Cosmos SDK blockchain development framework. 

 (ATOM) ecosystem, Self Chain uses the delegated proof of stake (DPoS) block processing method, with validator nodes securing the network.

The project was initially called Frontier (FRONT). It began its network operations with the launch of an incentivized testnet in April 2021. In mid-2024, Frontier was rebranded to Self Chain and launched its mainnet.

Self Chain's AI chat assistant accepts voice and textual inputs from the user, and searches multiple blockchain platforms and 

 (DApps) to find the best possible deals. This service can be used in various areas, including 

 (DeFi). For instance, crypto gamers can use Self Chain’s intent-based search for the best deals on gaming 

 assets, while DeFi traders can instruct the assistant to find the best rates for specific coin swaps.

The platform's keyless wallet infrastructure service allows users to securely use email- and social media–based 

 logins to blockchain apps and platforms. This is enabled by splitting the wallet's seed phase into three parts, each stored separately — one encrypted on the user's device, the second encrypted and stored on the Self Chain network in a decentralized manner and the third reserved for wallet recovery purposes..

The platform's chat assistant is based on an LLM model that transforms user inputs into signed automated intent instructions. These instructions are passed to Intent Searchers, entities that scout the blockchain ecosystem for the best deals and most efficient paths for the intended transaction. Once the optimal source is found, Intent Searchers pass the request to intent solvers, whose job is to execute the transaction.

Blockchain DApps that aspire to become Searchers and solvers within the Self Chain ecosystem can use the Intent DSL SDK, a development framework offered by the platform. Using the SDK, DApps can integrate into the platform's architecture and translate user intent commands into executable searches and transactions.

The Self Chain keyless wallet service is powered by MPC-TSS technology, which permits splitting the user's private key, seed phrase or other secret identifier into multiple fractions, each stored independently to avoid a single point of failure. As a security technology, MPC-TSS predates blockchain, and can be applied in a chain-agnostic manner.

In Self Chain's implementation of MPC-TSS, there are three seed phrase fractions, with the two main ones — the Personal Share and the Remote Share — held on the user's device and the blockchain, respectively. When an operation is carried out, the Personal Share is matched against the Remote Share to facilitate the transaction. A network of MPC nodes encrypts the Remote Share in a distributed fashion to further enhance the security of operations.

The third fraction — the Recovery Share — is used solely to restore access to the user's device or add a new device.

Thanks to this chain-agnostic keyless system, users can retain the self-custody of their wallets, enjoy the security of the blockchain's cryptographic protection and use keyless logins on a myriad of platforms.

Self Chain lets users enjoy multichain account abstraction (AA), whereby wallets can carry out complex operations without you needing to worry about the specifics of underlying technology. For example, Self Chain–based wallets can execute bundled transactions, carry out cross-chain operations and optimize gas fees, all without user intervention.

What Is the Self Chain Crypto Token (SLF)?

During the project's mid-2024 rebranding from Frontier to Self Chain, its native cryptocurrency was migrated from the FRONT token on the 

 (BNB) to the SLF coin, native to the Self Chain's Layer 1 network. The migration was announced in late August 2024, and as of the time of this writing (Sep 16, 2024), FRONT holders can still migrate their tokens, with no specific conversion deadline provided by the project team.

SLF is used for a wide variety of functions on the Self Chain platform, including the following:

SLF has a total and maximum supply of 360 million. The coin's supply allocation shares are per the chart below:

The SLF coin is available on Bybit as a Perpetual contract with USDT (

). Under this contract, you can trade SLF with up to 12.5x leverage.

Self Chain's innovative system simplifies keyless multichain web3 access, while the versatile LLM assistant helps efficiently interpret user intent to conduct diverse transactions across networks. This is a functional set that few other projects in the industry can provide. In particular, the keyless wallet solution is something that truly sets Self Chain apart. 

While there are a few crypto projects that utilize an intent-focused approach and AI-based chat assistants, Self Chain’s keyless functionality is a rare feature that will undoubtedly attract interest from a variety of users. Navigating myriad DApps and networks and transacting on them without the need for meticulous private key management has just gotten a lot easier — all thanks to Self Chain and its implementation of MPC-TSS.

Advanced

self chain (SLF).png

Self Chain (SLF): The Future of Secure Private Key Recovery

Stacks is integrating with the Aptos Network to bring Bitcoin's utility to decentralized applications through sBTC, a 1:1 Bitcoin-backed token.

The SPX index was up by 0.03%, with key sectors underperforming, including healthcare, consumer staples, and real estate, while energy, consumer discretionary, and industrial stocks outperformed. Coindesk Indices, an index measuring broader cryptocurrency market performance, was up by 2.95%, with Bitcoin and Ether rising by 3.62% and 3.16%, respectively, in the past 24 hours.

Today's top performer is SAGA, which surged 27.3% following its announcement of a new economic model focused on sharing in project success rather than charging gas fees.

Saga (SAGA), founded in 2021, is a Layer 1 blockchain protocol that allows developers to create customized chains for their applications, providing shared security and scaling solutions. 

 focuses on sharing in the success of projects built on its platform, rather than charging gas fees. Projects can launch cheaply on Saga's chainlets, and Saga takes a small cut of token activity once bridged through its infrastructure. As projects grow and their tokens become valuable, Saga can hold, use, or sell these tokens to fund ecosystem growth and buy back $SAGA tokens. This creates a network effect where success drives further success, positioning Saga as a key platform for value generation in web3.

Check Out the Latest Prices, Charts, and Data of 

 to bring Bitcoin's utility to decentralized applications through sBTC, a 1:1 Bitcoin-backed token. This integration allows Bitcoin to be used beyond a store of value, enabling participation in DeFi, gaming, AI, and social platforms on Aptos. The integration follows the resolution of an SEC investigation into Stacks, clearing the path for further Bitcoin scaling advancements. Stacks' recent Nakamoto upgrade has improved its transaction speeds and block production, facilitating this new cross-chain capability.

Yesterday, The total flow for BTC Spot ETFs was $186.8 million, with $0 from GBTC and $186.8 million from non-GBTC sources.

 on Optimism’s OP Mainnet, with 185 million WCT tokens being airdropped to users. The airdrop registration opens on September 24, targeting users who engage with WalletConnect or contribute to open-source projects. WCT tokens will drive WalletConnect's governance and economic structure, initially non-transferable until 2025. The newly formed WalletConnect Foundation will oversee the protocol's transition to a permissionless structure. WalletConnect aims to decentralize further and has seen 240% growth in the past year.

Beginner

3.png

Stacks Integrates with Aptos, Expanding Bitcoin’s Utility to dApps and DeFi

Explore our article to find out what’s the Cipher Code for today’s Hamster Kombat’s Daily Cipher Code.

, where managing your crypto exchange meets the intellectual challenge of daily Morse code puzzles. Released each day at 7PM UTC, these puzzles do more than just test your mental agility; they offer significant rewards that can enhance your strategic influence in the game.

, challenging you to decipher a Morse code each day. Successfully solving these puzzles not only boosts your coin reserves, but also sharpens your critical thinking skills, enhancing both your gameplay and strategic planning.

Today’s Hamster Kombat Daily Cipher: Sep 18, 2024

 Daily Cipher for Sep 18, 2024, is as follows:

 —•••   ••   —•   •—   —•   —•—•   • 

Ensure each Morse code sequence is entered with precision and slight pauses between letters to confirm correct execution and secure your reward.

Gain an early advantage by trading HMSTR tokens through Bybit’s Pre-Market Trading. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

Today's Daily Cipher and the interactive gaming activities available within 

 provide ample opportunities to boost your coin balance and deepen your engagement with the game. Each puzzle you solve not only contributes to your financial growth, but also refines your analytical skills, making every gaming session both rewarding and intellectually stimulating.

Stay tuned for daily updates and expert strategies to maintain your competitive edge in the thrilling world of 

hamster kombat daily cipher code.png

A Guide to Hamster Kombat's Daily Cipher Code (Sep 18, 2024)

Bybit Learn

DeFi

Altcoins

Explainers

Sanctum is a Solana-based liquid staking protocol featuring a multi-LST liquidity pool and token swaps.

2401-T16454_Skinny_Banner_for_Blog_and_Learn_Row_53_728x90.png

CLOUD_token_allocation.png

Skinny_Banner-1600x400.webp

 (ETH) back in 2021 led to an explosion in the number of 

 protocols on its blockchain. Due to the inflexibility and high capital requirements of direct Ethereum staking, the liquid staking sector flourished, quickly becoming one of the leading niches within the 

 (DeFi) industry. Popular thanks to their affordability and flexibility, these protocols offer liquid staking tokens (LSTs), also known as 

 (LSDs), as a confirmation of your staked funds, and LSTs can be freely reinvested within the DeFi pools and solutions of the Ethereum ecosystem and beyond.

Sanctum (CLOUD) is a liquid staking protocol that’s taken the concept of LSTs to the 

 (SOL) ecosystem. Although Sanctum isn't the first liquid staking protocol on Solana, it has introduced several innovative solutions in this area, the most notable of which is a multi-asset liquidity pool that aims to provide virtually limitless liquidity for Solana LSTs. By offering a highly flexible, multi-LST liquid staking environment, Sanctum opens up unique opportunities for the Solana DeFi user community.

 (CLOUD) is a liquid staking protocol on the Solana blockchain that introduces the concept of a shared multi-LST pool to provide limitless liquidity levels for Solana LSTs. 

Sanctum allows users to contribute SOL coins and whitelisted Solana LST assets to the platform's liquidity pool, in order to earn yields and provide liquidity to Solana-based DeFi protocols. If you’ve staked your SOL with a Solana validator, Sanctum also allows you to convert your staked funds into supported LSTs or instantly unstake them.

The origins of Sanctum go back to 2021, when the Unstake.it liquidity protocol was launched. Supported by Solana Labs, Unstake.it (now known as Sanctum v0) was a solution based on a single-asset (SOL) liquidity pool. In March 2024, the project’s team announced a rebranding of Unstake.it to Sanctum, with overhauled functionality that supports multi-LST liquidity provision and trading. The new project launched its native 

Sanctum is a novel project within the Solana DeFi space. Although it isn’t the first liquid staking protocol on the blockchain, it offers a unique set of functions that lets users contribute liquidity in multiple LSTs and trade these tokens.

Controlling issued and traded LSTs on the platform is highly secure, with a 10-member Multisig group jointly making decisions on the liquid tokens' introduction, structure, changes and upgrades. Key decisions must be approved by at least six out of 10 group members. The members of the Multisig group are reputed institutional entities affiliated with the Solana ecosystem, including providers such as the 

 swap aggregator, the SolBlaze liquid staking platform and the 

Following the popularity of Ethereum-based liquid staking, new projects applying the same concept on the Solana blockchain have emerged. However, most of these projects provide only the most standard liquid staking functionality, issuing LSTs in exchange for SOL liquidity and allowing their liquid tokens to be used on various Solana DeFi protocols. While providing a much-needed contribution to the staking process on the network, these projects, unlike Sanctum, aren't designed to provide deep liquidity across the entire Solana ecosystem.

Although Solana boasts stellar technical capabilities, including rapid 400 millisecond block times, the chain has faced challenges due to the influx of 

 and DeFi protocols seeking to take advantage of its low fees. The rush of these projects has caused network congestion and outages, with validator nodes struggling to cope with the loads.

Sanctum's multi-LST liquidity pool is designed to open up virtually limitless — or at least considerable — liquidity levels directly involved in supporting the staking process. This should help ease the load and increase the provision of validator services on the network.

Another critical issue with the process of staking on Solana is the slow release of unstaked funds. It may take up to three days to unlock staked SOL and have the funds returned to the user. While a period of a few days may not sound too long, it's often critical for many stakers, who tend to be active DeFi users, to have their funds available as quickly as possible. Every minute their funds are staked on Solana means loss of opportunity to these crypto users. Sanctum directly addresses this issue by supporting an instant unstake function.

The Infinity Pool, Sanctum's multi-LST liquidity pool, is the primary mechanism supporting liquidity provision on the platform. Users can deposit certain whitelisted LST assets (more on these later) or SOL tokens to earn staking rewards and support the liquidity requirements of the Solana ecosystem.

 for these LSTs and SOL tokens. When you buy an LST asset using SOL, you effectively start liquid staking using the LST. Similarly, selling an LST for SOL means withdrawing from a staking position for that liquid asset/protocol. Swap operations are enabled either through Sanctum Router or through the Jupiter exchange. When Sanctum handles an LST-to-SOL operation through its own router, a fee of 0.01% of the transaction amount is charged.

Users who have staked SOL on a Solana validator in the past usually have what’s known as a staking account. This type of account exists outside of the Sanctum platform. The Sanctum protocol allows you to convert your Solana staking account into a Sanctum-based liquidity staking account. This has a couple of benefits. First, you can unstake your funds using Sanctum's Instant Unstake functionality. Secondly, you can easily convert your SOL stake into a supported liquid staking token.

Sanctum’s Infinity Pool — thanks to its multi-asset composition — enables liquidity provision and token swaps across the LST assets supported by its platform, as well as Solana's native SOL tokens. Depositing an LST or SOL into the pool is completely free. When you add liquidity to the pool, you’re issued INF tokens (see below) to confirm your deposit.

The INF token, which acts as a form of your certificate of deposit, is an asset that accrues 

 from your staked position in the Infinity Pool. INF can be used for Solana-based DeFi activities while you earn your yields. When you decide to withdraw your funds, you simply sell your INF and receive your investment back, naturally with all the accrued interest. Besides obtaining INF tokens by adding liquidity to the Infinity Pool, you can also purchase INF via Sanctum's token swap section using SOL or a supported LST asset.

Sanctum Validator LSTs are custom liquid tokens issued by network validators. Validators can use these assets to incentivize stakers and run their own loyalty programs and campaigns. These LSTs combine the benefits of direct staking — no fees and the ability to choose your own validator — along with the benefits of liquid staking, namely flexibility, instant unstake and opportunities to reinvest in Solana DeFi protocols. Validator LSTs are part of the infinite LST future concept, whereby everyone can issue their own LST, promoted by Sanctum.

 is a SOL liquidity pool that can facilitate instant LST unstaking for any liquid asset supported by the Sanctum protocol. With a growing number of LST tokens, one potential issue that may arise is the ability to unstake these tokens into SOL, particularly at times of high demand for the unstake service. Also known as the Reserve, it’s designed to protect from any such liquidity crunch by retaining enough SOL to meet the needs of unstakers.

As mentioned above, Sanctum swap operations are channeled either through the Jupiter 

 (DEX) or through Sanctum's own Sanctum Router, which balances liquidity for different LSTs to meet users' demands when converting their liquid tokens into SOL. The Router reallocates liquidity so that LSTs with low liquidity levels aren't adversely affected when users need to swap them for SOL. In order to provide optimally enhanced liquidity levels, the Router has access to certain Solana-based DEX platforms, specifically Orca (ORCA) and 

What Is the Sanctum Governance Token (CLOUD)?

Sanctum's native token, CLOUD, was launched on Jul 18, 2024. CLOUD is officially designated as a governance token. Following the platform's rebranding from Unstake.it to Sanctum, the project’s team announced plans to establish a 

 (DAO) that will handle the platform's governance processes. As of mid July 2024, precise details of the DAO have yet to be released. It's widely expected that holding or staking CLOUD will entitle users to participation in the DAO.

Prospective participants in Sanctum's Verified Partner program will need to stake CLOUD in order to be considered. The program allows verified LST issuers to have their assets included in the list of tokens eligible for the Infinity Pool. CLOUD holders will vote on which partners to accept into the program.

CLOUD is a supply-capped token with a total and maximum supply of 1 billion. Of this supply, 10% (100 million CLOUD) is allocated to a launch

 that went live on Jul 18, 2024, the day of the token generation event (TGE).

Overall allocation of the CLOUD supply is shown in the chart below.

The CLOUD token is available on Bybit's Spot Market 

. In addition to standard swaps, the token can be used with 

 to help you optimize your trades and take advantage of our automated grid trading opportunities.

Several LSTs have proved popular on Sanctum and within the wider Solana community. Below are the five assets that form the backbone of the LST ecosystem on the Sanctum platform.

JupSOL is an LST representing SOL funds staked on Jupiter exchange's validator. Jupiter is among the leading DEX platforms on Solana. It aggregates liquidity to provide the best swap rates available on Solana. Besides acting as a DEX, Jupiter also runs its validator node on the Solana network, helping secure the blockchain and enable its operations. It's not unusual for large DEX platforms to run their own validators on a network. Large reputed validators such as the Jupiter Validator tend to attract significant staking funds, and running a validator also provides reputational benefits to DEXs and other DeFi protocols.

bonkSOL is an LST representing SOL staked on the 

 validator node. Operated by Jito Labs, the BONK validator supports the ecosystem revolving around the popular BONK meme coin. Launched in late 2022, BONK is among the earliest Solana meme coins. It's one of the cryptos that eventually led to Solana becoming a leading host platform for meme coins. 

Despite the recent influx of highly popular and widely hyped new Solana meme coins, BONK retains a leading position in the niche and is currently ranked as the second-highest-cap Solana meme coin asset.

dSOL is an LST of the Drift Validator, a Solana validator node that belongs to the 

 protocol. The protocol is among the most popular Perpetual trading platforms on Solana. As of Jul 24, 2024, it's ranked first among Solana-based derivatives protocols 

. Staking SOL on the Drift Validator and receiving dSOL will soon have one unique benefit: the ability to use dSOL as collateral on the Drift protocol.

jucySOL is an LST of the Juicy Stake validator node. Run by Knox Trades, the validator is linked to the Juicy Stake protocol, a multichain platform that provides validator and staking services on a variety of PoS blockchains. Besides Solana, Juicy Stake also services Ethereum, Sui (SUI) and Aptos (APT).

cgntSOL is an LST representing SOL staked on Cogent Crypto, one of the earliest and most reputable validator nodes on the Solana blockchain. As a trusted member of the Solana validator club, Cogent Crypto has featured superior staking returns and stellar security measures. When staking your SOL on this validator, you can be certain that your funds are protected using the most advanced security measures available to Solana validators.

Over the years, Cogent Crypto has also contributed to the body of knowledge within the Solana community by developing a variety of calculator apps, such as a validator profit calculator, a lending APY calculator and an 

Liquid staking, first popularized on Ethereum, is now an area of active growth on Solana. Sanctum occupies a unique position in this niche, being a protocol that offers something more than the standard staking service - the ability to issue custom LSTs, such as validator-bound LST assets, and importantly, the idea of creating limitless liquidity for LST tokens across the entire Solana ecosystem. The platform's multi-LST Infinity Pool and liquidity-balancing router are among the most innovative mechanisms offered on Solana.

Sanctum’s Solana-based liquid staking protocol has just launched its native governance token, CLOUD, and a lot of its platform’s potential will be realized over the coming months and years. As Solana grows and its network demands more reliable validator services, the Sanctum protocol will undoubtedly support this growth with its unique offerings and flexible products.

Sanctum (CLOUD): Unlocking the Future of Liquid Staking on Solana

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards