Fluid price

A famous research company, Delphi Digital, shared an analysis of @sanctumso, a Solana-based DeFi. To explain for those who don't know what Sanctum is, it is a protocol that enhances the liquidity of Solana's LSTs, creating an Infinity pool (a multi-LST liquidity pool) to solve the fragmentation problem of LSTs and operating various related services. Sanctum's FDV is currently $75M, which seems significantly undervalued compared to competitors like Marinade (though it's a bit ambiguous). Despite continuous growth, a trustworthy image, excellent builders, and unique product features, the token is still severely undervalued. Moreover, it generates good revenue. Sanctum's revenue and fee structure are quite competitive compared to other DeFi projects, with a price-to-sales (P/S) ratio of 5.9, lower than Marinade's 7.3. I strongly believe that once the revenue structure and the connection with $CLOUD become clearer, this price range will no longer be found. (And looking at Marinade's recent buyback announcement, it seems that Sanctum might not be far from such a day...?) I've personally had a very positive view of Sanctum for a long time, and the founders here are genuinely honest builders. They intentionally avoid market distortions and illegal aspects, and they openly express their disdain for such practices. Additionally, they continue to ship excellent products, which makes me think that this protocol is bound to have good outcomes, and I believe it must succeed greatly for the sake of creating a healthy ecosystem. Your investment is DYOR, but I truly believe they are individuals who need to achieve greater success.

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