Sanctum: Unlocking Liquidity for Staked SOL

The SOL staking ecosystem has been plagued with liquidity issues. Since ordinary liquidity pools are dual-asset and isolated from one another, new liquid staking tokens (LSTs) often need to compete against one another for liquidity, resulting in liquidity fragmentation. 

Besides, for stakers who prefer to delegate their stakes to selected validators, their staked SOL is not tokenized and, thereby, cannot be leveraged in other DeFi venues like LSDs do.