☁️ Sanctum Announces Token

Plus all of this week's top Solana news

June 09, 2024

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This week’s issue is brought to you by SolanaHub, the onboarding platform to Solana, where you can get an overview of all your Solana assets, as well as swap, stake and vote in DAOs.

SolanaHub have their own liquid staking token on Sanctum called Hubbie (hubSOL), and they run weekly airdrops for both liquid and native stakers.

SNAPSHOT

Over the last 7 days:

$SOL Price: $160 (-4%)

NFT Volume: $21M (-9%)

Total Value Locked: $4.5B (-7%)

Liquid Staked: 25.3M SOL (+4%)

Stake LSTs vs Native: 6.8% (+3%)

hubSOL staked: 65K SOL (+6%)

TOP STORIES

  1. Sanctum announces $CLOUD tokenomics with 30% allocated to the community (Link)

  2. hubSOL is now live on the OG DEX Mango, enabling LST looping (Link)

  3. Stake for governance is now live for W token holders (Link)

  4. Jito brings in a record $40M+ in fees last month, up 800% since January (Link)

  5. Bridging platform Entangle now supports Solana (Link)

  6. Ratings and reviews are now live on the Solana Mobile dApp store (Link)

  7. Over $60 million bridged from all other chains to Solana last week (Link)

  8. June’s Ecosystem Call featured Garrett from Squads who is building Solana's first smart wallet (Link)

  9. Superteam Earn has more than $89K worth of opportunities live right now (Link)

  10. Fabiano posts what protocols currently give the best yield on your SOL:

Disclaimer: Nothing in this email is financial advice and we are not professional investment advisers. These weekly updates on Solana news are informational and for entertainment purposes only. The information here could be out of date or completely wrong. Worse, protocols featured may get hacked or may rug you and you may lose everything you invest. As such we accept no liability of loss, you are responsible for your own research and due diligence.