Liquid staking (LST) is known to provide the benefits of traditional staking while unlocking the value of staked assets for use as collateral. The opportunity that it presents has me looking for the best possible LST project leading to my discovery of CLOUD.
CLOUD has been gaining traction as the governance token for the Sanctum, which is at the forefront of developing next-generation liquid staking infrastructure on the Solana blockchain.
CLOUD itself not only serves as the governance/voting token of Sanctum; partners who stake CLOUD gain access to the Sanctum Verified Partner program, and access custom perks, quests, and attention. Users can also stake SOL tokens and receive CLOUD.
CLOUD meanwhile launched on Bitget, reminding stakers how profitable LST can be, thanks to its successful launch