What Is Cloud (CLOUD)?
The governance token for Sanctum is called Cloud (CLOUD) and it plays a key role in the development of next-generation liquid staking infrastructure on the Solana blockchain. This token allows stakeholders to actively participate in decision-making processes that influence the ecosystem. The primary components of Sanctum's liquidity infrastructure are the Router, the Reserve, and its flagship primitive, Infinity.
How Cloud (CLOUD) Works
The Sanctuary's Infinity Pool is a versatile multi-LST liquidity pool that supports trades between various whitelisted LSTs and allows each LST to be converted into a stake account. Users can deposit any LST into the Infinity Pool and receive the INF token, which earns staking rewards and trading fees. The pool maintains its target allocation through dynamically adjusting swap fees for each LST, ensuring liquidity while maximizing trading returns.
Sanctum's dynamic fee structure encourages trades that rebalance the pool, optimizing liquidity distribution across all supported LSTs. The pool manager can manually rebalance the pool to align with yield optimization goals, enabling the pool to adapt to market conditions and maintain optimal performance. Moreover, the Sanctum Reserve provides deep liquidity for all liquid staking tokens on Solana, ensuring liquidity even during periods of high demand.
The CLOUD token is the governance token for Sanctum, offering holders the ability to participate in decision-making processes that shape the future of the platform. The token has multiple utilities within the ecosystem and is strategically distributed to promote growth and community involvement.
How Many Cloud (CLOUD) Tokens Are in Circulation?
CLOUD has a total supply of 1,000,000,000.
How to Buy Cloud (CLOUD)
Consider investing in Cloud (CLOUD)? It only takes 2 minutes to create an account on Bitget and start trading CLOUD.
Check out the available CLOUD trading pairs on Bitget!
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Cloud (CLOUD) Resources
Buy Cloud in El Salvador with Bitget
Simple 3-step guide to buying CLOUD today in El Salvador
Create your free Bitget account
Select a funding method
Complete your Cloud purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Cloud using a payment method of your choice:
Buy Cloud with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Cloud order.
How to buy crypto with credit/debit cardBuy Cloud with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Cloud is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Cloud order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Cloud order.Buy Cloud with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Cloud order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Cloud in your Bitget spot wallet
Bitget—where the world trades Cloud
How to buy Cloud for free
- Learn how to earn Cloud for free through the Learn2Earn promotion
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El Salvador is the smallest and most densely populated country in Central America, wedged between the Pacific, Guatemala to the west, and Honduras to the north. Beaches and wild islands, charming villages, coffee plantations in the mist, the road of flowers, a Mayan site classified by Unesco, the immense Lake Coatepeque, a country rich in history, a pleiad of volcanoes, El Salvador should seduce you for sure.
With one of the best road networks in Latin America and a small surface area, El Salvador is very easy to visit because bus transportation works well. They are American buses repainted in colors but not always comfortable for long journeys of a few hours. We call them "Chicken buses" because we are all squeezed inside! The capital, San Salvador, is set in a spectacular volcanic landscape and hosts many museums and the National Theater. From the capital, there are many possibilities to travel around the country. You are a 30-minute drive from the beach and a 20-minute drive from the nearest volcanoes.
The country's official language is Spanish, and its currency is USD. Whether you're in San Salvador, Santa Ana, Soyapango, San Miguel, or anywhere in El Salvador, you can buy cryptos using USD on Bitget. Bitget is one of the most secure cryptocurrency exchange platforms that acquired U.S. MSB License, Canada MSB License, and Australian (DCE) License to ensure you have the safest trading experience.