In this episode, FP Lee from Sanctum joins us to discuss the potential of liquid staking in the Solana ecosystem. He explains the concept of liquid staking, the technical differences between Solana and Ethereum, and why liquid staking offers unique advantages.

The conversation covers the challenges and opportunities of building in the liquid staking space, including new use cases for liquid staking tokens (LSTs) beyond DeFi, such as crowdfunding and supporting creators. The episode also explores the different strategies and innovations of various Solana projects like Marinate and Jito, and how Sanctum aims to democratize LST creation.

Additionally, FP Lee shares his learnings from their token generation event (TGE), stressing transparency and fair pricing for retail investors. He concludes with a vision for the future where everyone holds their net worth onchain, supported by real-world use cases and a strong LST ecosystem.

Timestamps:

00:00 Introduction to Liquid Staking

01:14 Welcome and Guest Introduction

02:23 Understanding Liquid Staking on Solana

05:10 Comparing Liquid Staking on Ethereum and Solana

08:53 Challenges and Incentives for Liquid Staking

16:10 Innovative Use Cases for Liquid Staking

18:27 Sanctum's Unique Approach

27:01 Future of Liquid Staking and Governance Tokens

29:14 Deep Dive into Sanctum's Product

29:45 Introduction to Liquid Staking and Jupyter UX

30:16 The Concept of a Unified Liquidity Pool

31:09 The Reserve Pool and Its Advantages

31:42 Jupyter Router and Efficient Swaps

33:00 Infinity Pool: Solving Liquidity Issues

34:42 Risks and Unknowns in Liquidity Pools

37:22 Sanctum's Business Model and Growth Potential

41:59 The Token Generation Event (TGE) Strategy

49:14 Future Vision and Real-World Use Cases

55:32 Closing Thoughts and Community Engagement

We hope you enjoy the episode!

---

Subscribe to The DeFi Report Newsletter: ⁠

https://thedefireport.io/subscribe⁠

Download a copy of The Ethereum Investment Framework:

https://thedefireport.io/ethereum-inv...

Subscribe on YouTube:

⁠https://bit.ly/3SeyyA8⁠

Subscribe on Spotify:

⁠https://podcasters.spotify.com/pod/sh...

Subscribe on Apple Podcasts:

⁠https://podcasts.apple.com/us/podcast...

Follow Michael: https://www.linkedin.com/in/michael-austin-nadeau/

Follow Oskari: https://www.linkedin.com/in/oskaritempakka/

----

The views expressed by the co-hosts or any guests are their personal views and should not be relied upon as financial, technical, tax, legal, or any other type of advice.

The creators of this content, or members, affiliates, or stakeholders of The DeFi Report, may be participating in or have invested in the protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol.

Listeners are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol.

Ep. 331- Candid Conversations About Human Trafficking w/ Retired Undercover Officer Heidi Chance