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2nd Edition

December 2024 Nimbus Newsletter

Writers: n8tr0n, lucio, cloudie
Editors: lucio, n8tr0n

Welcome to the second edition of the Nimbus Newsletter, where the winds of innovation keep us soaring through the Sanctum skies! This time, we’re diving into No Cloud Left Behind, governance talks, community milestones that include amazing growth of the Nexus Podcast and Sanctum Sanctuaries initiatives. Strap in, because the updates are as fresh as the morning clouds!

No Cloud Left Behind

Sanctum's Commitment to Community

Sanctum - No Cloud Left Behind

The No Cloud Left Behind initiative has marked a significant milestone in Sanctum’s mission to ensure inclusivity and fairness for its community. Designed to recognize and reward contributors who supported the ecosystem during its formative stages, this program highlights Sanctum’s dedication to transparency and community-driven growth.

Key Details:

  • A total of 692 appeals were submitted as part of the program. Sanctum honored its commitment by fully refunding each applicant’s 0.1 SOL deposit.
  • An impressive 5,191,295.5277 $CLOUD has been allocated for distribution among successful applicants.
  • For the Earnestness rewards, only retroactive activity—contributions made before the end of Wonderland Season 1 (June 5)—was considered for assessment.

Appeal Status Now Available
Sanctum has provided applicants the ability to check the status of their submissions at appeal.sanctum.so/results. It’s important to note that while the results are now finalized, token claims will not be processed through this page.

Looking Ahead
Successful applicants will be able to claim their allocations through a dedicated webpage launching in January 2025, alongside the unlocks for Earnestness rewards. Sanctum has committed to releasing detailed instructions for the claims process closer to the launch date.

Reflections and Growth
Through the No Cloud Left Behind initiative, Sanctum has demonstrated its willingness to learn and adapt. The lessons gleaned from Wonderland Season 1 are already shaping the team’s approach as they work toward building a more rewarding and engaging experience for their community.

This initiative underscores Sanctum’s belief in leaving no contributor unrecognized, reinforcing its commitment to the core values of decentralization and collaboration. With a strong focus on growth and innovation, Sanctum is gearing up for an exciting 2024 and a transformative 2025.

For the Sanctum community, the journey is just beginning, and the future is looking brighter than ever.

A DAO for the Future

Exploring Futarchy for Sanctum’s Upcoming DAO

As Sanctum prepares for the launch of its DAO, exciting discussions have emerged about integrating Futarchy as part of its governance model. Futarchy represents an innovative approach to decision-making, leveraging data and market dynamics to guide communities toward more informed and effective outcomes.

What is Futarchy?
Futarchy is a governance mechanism that combines voting and prediction markets to evaluate proposals based on measurable outcomes. Here’s how it works:

  1. Define Success: The community votes to determine what metrics or goals define success (e.g., increasing treasury revenue, boosting user engagement, or achieving network growth).
  2. Prediction Markets: Markets are created to predict the likelihood of success for competing proposals. Participants buy and sell tokens reflecting their belief in the outcomes.
  3. Decision Execution: The proposal with the highest likelihood of achieving the desired outcome, as determined by the prediction markets, is implemented.

By using market incentives to forecast results, Futarchy helps reduce emotional biases and prioritizes decisions backed by data and collective wisdom.

How Could This Benefit Sanctum?
We see 3 key ways.

  • Data-Driven Governance: Futarchy could allow Sanctum to evaluate the potential impact of proposals objectively, focusing on measurable goals like $CLOUD adoption, TVL growth, or ecosystem expansion.
  • Community Empowerment: It provides a way for members to actively participate, not just by voting, but by engaging in prediction markets that shape the future of the DAO.
  • Resilience and Adaptability: Using predictive models, Sanctum can stay agile, responding effectively to changing dynamics within the Solana ecosystem.

Challenges and Considerations
While promising, integrating Futarchy isn’t without challenges:

  • Complexity: The community may require education on how prediction markets work and how to engage effectively.
  • Defining Metrics: Success metrics must be carefully chosen to reflect the community’s priorities and avoid unintended consequences.
  • Participation Barriers: Ensuring that prediction markets are accessible and not dominated by a few participants will be key to maintaining fairness.

Sanctum and Futarchy AMAWhat’s Next?
Sanctum is actively exploring how Futarchy could complement other governance mechanisms, such as traditional DAO voting and AI-based advisory systems. Discussions around weighted governance models, such as the Decentralized Autonomous Matrix (DAM), suggest that Futarchy could form a part of a balanced and innovative decision-making framework.

Stay tuned for updates as Sanctum continues to pioneer new ways to empower its community and drive meaningful progress in the DeFi space. Your feedback and participation will play a crucial role in shaping this journey!

📺 Watch the recent AMA with Sanctum Co-Founder @soleconomist & @metanallok from MetaDAOProject.

Flexible Rewards, Limitless Potential

Why INF is Your Gateway to Smarter Staking

Here’s some fresh Alpha about INF that you won’t want to miss! Sanctum has announced exciting updates to enhance INF’s performance and yields. Soon, you can expect a significant APY boost, making it easier to integrate with DeFi partners and even better for you to hold.

Sanctum’s vision has always been about a multi-LST future, an infinite LST future, with INF supporting all other LSTs. While that vision remains strong, INF will now be the one backed by the other highest-performing LSTs. This will ensure INF consistently ranks among the top-yielding LSTs, solidifying its position as the best place to hold your SOL. Get it, forget it, and it will only grow!

The Infinity Pool (INF) represents the future of liquid staking in the Sanctum ecosystem, combining flexibility, yield, and accessibility to give users the best of decentralized finance (DeFi). Whether you’re a seasoned DeFi explorer or just starting your journey, INF makes staking simple, efficient, and rewarding.

Why Choose INF?

  • Earn While Staying Flexible:
    With INF, you earn staking rewards without locking your assets. Your INF tokens represent your share of a diversified pool and can be used across DeFi platforms while continuing to grow.
  • Access to Solana’s Ecosystem:
    INF seamlessly integrates with Solana-based DeFi platforms, allowing you to use it for liquidity provision, collateralization, and more. This opens doors to compound your earnings.
  • Enhanced Liquidity:
    The Infinity Pool is designed to provide high liquidity, ensuring low slippage and fast swaps between SOL and Liquid Staking Tokens (LSTs).
  • Diversified Rewards:
    Beyond staking yields, INF holders also earn a share of trading fees generated within the pool, maximizing returns over time.
  • Simplified Onboarding:
    Sanctum has built a user-friendly interface that takes the complexity out of staking. With just a few clicks, you can participate in the Infinity Pool and start earning rewards.

Sanctum InfinitieHow to Get Started with INF

  1. Visit the Sanctum Platform:
    Head over to Sanctum’s official platform to begin.
  2. Swap for INF Tokens:
    Swap SOL or any supported token for INF tokens, which represent your share in the pool.
  3. Track and Use Your INF:
    Use INF across Solana’s DeFi platforms, or simply hold it to earn staking rewards and a portion of trading fees.
  4. Stay Connected:
    Watch for updates on new integrations and opportunities to maximize your INF’s utility.

Your Next Step in DeFi
INF is more than a staking solution—it’s your ticket to a dynamic and growing ecosystem where your assets work for you. With its flexibility, accessibility, and enhanced rewards, INF empowers you to participate in Solana’s DeFi future while keeping your assets liquid and productive.

Ready to take the leap? Visit Sanctum today and make INF part of your DeFi strategy!

Getting to Know Each Other

Cloud Community Corner - Member List

Cloud Community Corner - Tiggles

The Cloud Community Corner is a welcoming space dedicated to learning more about the people who make up the Sanctum ecosystem. It’s not about awards or achievements—it’s about celebrating the unique individuals who bring their energy, creativity, and perspective to our vibrant community. It’s a space for members to share a little about themselves, their interests, and their journey in Sanctum. Whether you’re a long-time contributor or a newcomer, this is your chance to introduce yourself to the rest of the Sanctum family.

Why It Matters

  1. Building Connections:
    • By sharing our stories, we foster stronger bonds and create opportunities for meaningful collaboration.
    • It’s a chance to discover shared interests and spark new conversations.
  2. Celebrating Diversity:
    • The Cloud Community Corner showcases the diverse backgrounds, skills, and experiences that make Sanctum special.
    • Everyone’s story matters and adds to the richness of our ecosystem.
  3. Strengthening the Community Spirit:
    • Knowing the people behind the ideas and initiatives deepens the sense of belonging in the Sanctum community.

Join the Conversation
Want to share your story? Head over to the Cloud Community Corner here and add your voice to the thread. Whether it’s your background, your favorite part of Sanctum, or what excites you about the future, we’d love to hear from you.

Your Story Matters
The Cloud Community Corner is a reminder that Sanctum isn’t just about protocols and tokens—it’s about the people. Let’s take a moment to connect, share, and grow together as we build the future of Sanctum, one story at a time.

Community Initiatives

Progress and Milestones

The Sanctum community continues to grow stronger with initiatives that celebrate creativity, collaboration, and connection. From impactful discussions to artistic expressions, here are the latest developments and milestones from Sanctum’s key community-driven projects:

Sanctum Nexus Podcast

The Sanctum Nexus Podcast has become a vital platform for engaging the community in meaningful discussions.

Solana ID on Sanctum Nexus 4

Recent Milestones

  • Hosted key guests, including representatives from strongSOL and Solana ID, offering deep dives into the projects shaping the Solana ecosystem.
  • Introduced the “Solanaverse” segment, spotlighting innovative projects outside the Sanctum ecosystem, reinforcing collaboration across Solana.

Looking Ahead
The podcast continues to amplify community voices while providing insights into the future of DeFi and staking. Be sure to attend the next episode, which is sure to be pretty epic. The guest list includes @xianxlb of Jupiter Exchange, @consumersteward from Layer3, and a representative from Bybit. Check out the announcement here, and let us know your coming here.

@luciotaminoCloudie Emoji Clan

The Cloudie Emoji Clan art project has reached an exciting milestone! Sanctum’s Discord server now features over 100 unique emojis, all crafted by 18 talented creators. The community came together, contributing over 2000 $CLOUD to support this initiative, which was distributed among the creators. To celebrate this organic and dynamic effort, a commemorative POAP NFT and a video short were also created. These achievements beautifully reflect the diversity of thoughts, feelings, and creativity that flourish within this fertile community!

Looking Ahead
The Cloudies that have been created have proven to be incredibly versatile and engaging, finding many uses beyond their original purpose in Discord’s chat. As they’ve already demonstrated, they will continue to transcend these limits and be used across an infinite range of Sanctum-related materials, perhaps even merchandise! How about wearing or owning your favorite Cloudie?

Sanctum Sanctuaries

Sanctum Sanctuaries serve as in-person hubs for connection and support, fostering stronger bonds among members.

Sanctum Sanctuaries Australia

Recent Milestones

  • Successful establishment of multiple Sanctuaries worldwide, (including Greece and Australia) offering spaces for support, collaboration, and community growth.
  • Increasing awareness of Sanctum’s values through real-life interactions and global outreach events.

Looking Ahead
Plans are underway to expand Sanctuaries into new regions, ensuring no cloud is left behind as the community grows.

Driving Sanctum Forward
These initiatives, and others, like this website, cloudie.so, are a testament to the power of the Sanctum community—its creativity, dedication, and drive to make a difference. With every milestone achieved, the foundation for a thriving ecosystem becomes stronger. Together, we’re building a future where collaboration and innovation lead the way.

Stay tuned for more updates as the Sanctum community continues to rise and reach new heights!

2024 Sanctum Unwrapped

Reflecting on Growth, Innovation, and Community

Sanctum Unwrapped 2024

As the year draws to a close, 2024 Sanctum Unwrapped offers a comprehensive reflection on the milestones and achievements that have shaped our journey and paved the way for a promising future.

With a strong foundation built in 2024, Sanctum is poised to achieve even greater milestones in 2025. The year ahead promises exciting new features, enhanced user experiences, and continued efforts to grow and unify our vibrant community.

Thank you to the Sanctum family for your dedication and support throughout this incredible journey. Together, we’re shaping the future of decentralized finance and community collaboration.

For the full recap, visit Sanctum’s official X posts for Part 1, Part 2, and Part 3.

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@n8tr0n

To get the most out of me, ask clear and specific questions to explore blockchain, staking, and the lore of the Guiding Winds. Engage in conversations, request analogies, and don’t hesitate to ask for clarifications if needed. I evolve with community input, so contribute to my growth through thoughtful interactions. Stay curious, and let me guide you on your journey through the realms of blockchain knowledge!

What can I teach you today?

CloudieAI v1.0.0

Glossary of Terms

A

APY - (Annual Percentage Yield) The rate of return earned on an investment over a year, including the effect of compounding interest.


B

Blockchain - A shared digital record that keeps track of transactions in a secure and unchangeable way, managed by a network of computers instead of a single authority.


L

Liquidity - The ability to quickly and easily convert an asset into cash or another asset without causing a significant change in its value.

LST - (Liquid Staking Tokens) Tokens you get for staking, letting you earn rewards while still being able to trade or use your staked value in Defi and other activities.


P

Pool - A collective fund where users combine assets for purposes like staking, liquidity provision, or mining, sharing rewards proportionally.


S

Stake - Noun: The amount of cryptocurrency locked in a network to support its operations, such as validating transactions or securing the blockchain.

Stake - Verb: To lock up your cryptocurrency in a network to support its operations and earn rewards.

Staking - The process of committing your tokens to a blockchain network to support its operations, such as validating transactions, in exchange for rewards or interest.

Staking Rewards - The rewards you receive for locking your cryptocurrency in a network to help secure and validate transactions.

Swap - Exchange one cryptocurrency for another directly, often using a decentralized exchange or wallet feature.


U

Unstake - The process of withdrawing your staked tokens, making them available for use or trading again.


V

Validator - A participant in a blockchain network responsible for verifying transactions and adding them to the blockchain, often earning rewards for their work.

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