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    Sanctum: Unstaking Assets in Seconds

    This dashboard aims to provide a detailed analysis of transactions maden through Sanctum.

    Introduction to Sanctum
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    Definitions

    • Sanctum: Sanctum, in essence, is a stability protocol that enables you to unstake your SOL or LST (liquid staking token) assets in seconds with minimal fees. Backed by a comprehensive protocol design, Sanctum has become a platform utilized by numerous high-volume wallets at present. Learn more about Sanctum

    • LST: For those unfamiliar, LST (Liquid Staking Token) is a token given to you when you perform a stake operation in a protocol/DeFi. It serves as a receipt of sorts. You can use these tokens to convert back to the main staked token or to earn additional yield/rewards. Learn more about LST

    • Solana: Solana is an open-source, decentralized, public blockchain platform. It's known for its fast processing speed and low fee costs, making it a prominent Layer 1 blockchain.

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    About Dashboard

    The Introduction, Summary, and Methodology tabs in the dashboard mainly contain explanatory content and cover significant developments in the preparation and conclusion stages of the dashboard. Briefly explaining the other tabs:

    • The "Instant Unstake" tab examines transactions where users instantly unstake their assets, representing the most active interaction with Sanctum. The transactions in this section encompass Sanctum's own unstake program (unpXTU2Ndrc7WWNyEhQWe4udTzSibLPi25SXv2xbCHQ) and unstake transactions involving SOL transfers from Sanctum's reserve pool address (3rBnnH9TTgd3xwu48rnzGsaQkSr1hR64nY71DrDt6VrQ).

    • The "Reserve Pool Liquidity" tab aims to examine the amount of SOL withdrawn from the account address where Sanctum holds its reserves(3rBnnH9TTgd3xwu48rnzGsaQkSr1hR64nY71DrDt6VrQ). While many of the transactions in this section fall under the "Instant Unstake" heading, there can also be transactions conducted outside of instant unstaking.

    • The "Router Program" tab encompasses Sanctum transactions that typically involve swapping between LSTs and enabling instant staking. The transactions in this section are referenced to the (stkitrT1Uoy18Dk1fTrgPw8W6MVzoCfYoAFT4MLsmhq) program.

    • The "Benchmarking" tab is prepared to compare Sanctum's unstaking performance with unstake transactions from pools to obtain insights. The unstake transactions in this section reference Flipside's structrued staking tables.