The Infinite-LST Future w/ FP Lee (Sanctum)

June 25th, 2024 | 50:23

Episode Summary

In this episode, Austin chats with FP Lee (Sanctum) about the liquid staking landscape on Solana. They discuss the architectural differences between staking on Solana and other blockchains, such as Ethereum, and how seemingly trivial implementation details have profound downstream implications for builders. FP breaks down Sanctum's product suite and the full range of LSTs that the ecosystem currently utilizes - Validator LSTs, Project-based LSTs, Individual LSTs, No-Loss Lottery LSTs, and more. They also reflect on the potential issues of liquidity during market downturns and the extent to which blockchain foundations should play an interventionist role.

Episode Notes

In this episode, Austin chats with FP Lee (Sanctum) about the liquid staking landscape on Solana. They discuss the architectural differences between staking on Solana and other blockchains, such as Ethereum, and how seemingly trivial implementation details have profound downstream implications for builders. FP breaks down Sanctum's product suite and the full range of LSTs that the ecosystem currently utilizes - Validator LSTs, Project-based LSTs, Individual LSTs, No-Loss Lottery LSTs, and more. They also reflect on the potential issues of liquidity during market downturns and the extent to which blockchain foundations should play an interventionist role. 

 

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Show ContributorsFP Lee