(draft)
The decentralised meta refers to a world where a critical mass of people are using decentralised platforms daily for their regular financial and social lives.
the liquid staking meta is where everyone who holds SOL liquid stakes their SOL, and uses that liquid staked SOL daily for their regular financial and social lives.
- financial: holding LSTs for staking rewards, holding infSOL for trading returns + staking rewards.
- social and emotional lives: to enable new forms of collaboration to blossom via social and project LSTs
What Sanctum wants:
- To make all staked SOL liquid
- To pioneer the liquid staking meta: to make liquid staked SOL on Solana a core part of everyone's financial and social lives
How we're doing it:
- Spearheading validator LSTs
- Spearheading social and project LSTs
- Building Stake, Infinity, and Reserve to make sure all these LSTs can live up to their genesis promise (of being liquid)
rough sketches of arguments:
Why people should buy and use crypto
- premise: crypto can be a good investment
- premise: crypto can be good to use
- therefore, people should buy crypto, keep their assets on-chain, and participate in the decentralised, on-chain financial and social systems
Why you should liquid stake
- premise: SOL is a good investment (nfa)
- premise: if you own SOL, you should stake it.
- premise: liquid staking is a 10x UX improvement over regular native staking, plus it is value-creating because it is composable.
- hence, you should liquid stake
Why Sanctum will be big
- premise: liquid staking lets retail use staked SOL in their financial (staking, LPing) and social lives (by buying project- or people- LSTs to support the people they care about)
- sanctum will be the spearhead that pushes the liquid staking meta, to unlock the full potential of liquid staking