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How to buy Cloud (CLOUD) Guide

update_on 2024/11/01 15:26:07(UTC+0)
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Cloud
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CLOUD / USDT
$0.3200
0.00
+0.58%24H
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What can you do with Cloud?

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Store/Hold Cloud

Many users hold on to their Cloud with the expectation of it increasing in value. You can store your CLOUD safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

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Trade Cloud

You can trade Cloud for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Cloud trading to meet your needs.

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Send Cloud

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Cloud online and send to anyone and anywhere with their Cloud address.

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Spend Cloud

You can also buy goods and services with your Cloud. More and more vendors and retailers accept Cloud every day.

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Donate Cloud

Bitget Charity accepts Cloud donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Cloud so no one misses out on the growth made possible by blockchain.

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Learn More About Cloud

You can read more in-depth articles on Cloud from Bitget Research and study how cryptocurrencies like Cloud work on Bitget Academy

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What Is Cloud (CLOUD)?

The governance token for Sanctum is called Cloud (CLOUD) and it plays a key role in the development of next-generation liquid staking infrastructure on the Solana blockchain. This token allows stakeholders to actively participate in decision-making processes that influence the ecosystem. The primary components of Sanctum's liquidity infrastructure are the Router, the Reserve, and its flagship primitive, Infinity.

How Cloud (CLOUD) Works

The Sanctuary's Infinity Pool is a versatile multi-LST liquidity pool that supports trades between various whitelisted LSTs and allows each LST to be converted into a stake account. Users can deposit any LST into the Infinity Pool and receive the INF token, which earns staking rewards and trading fees. The pool maintains its target allocation through dynamically adjusting swap fees for each LST, ensuring liquidity while maximizing trading returns.

Sanctum's dynamic fee structure encourages trades that rebalance the pool, optimizing liquidity distribution across all supported LSTs. The pool manager can manually rebalance the pool to align with yield optimization goals, enabling the pool to adapt to market conditions and maintain optimal performance. Moreover, the Sanctum Reserve provides deep liquidity for all liquid staking tokens on Solana, ensuring liquidity even during periods of high demand.

The CLOUD token is the governance token for Sanctum, offering holders the ability to participate in decision-making processes that shape the future of the platform. The token has multiple utilities within the ecosystem and is strategically distributed to promote growth and community involvement.

How Many Cloud (CLOUD) Tokens Are in Circulation?

CLOUD has a total supply of 1,000,000,000.

How to Buy Cloud (CLOUD)

Consider investing in Cloud (CLOUD)? It only takes 2 minutes to create an account on Bitget and start trading CLOUD.

Check out the available CLOUD trading pairs on Bitget!

Spot market

CLOUDUSDT

Cloud (CLOUD) Resources

Official Website

Official Documents

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How to buy Cloud (CLOUD) Guide

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Cryptocurrency investment activities, including actions done to buy Cloud online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Cloud instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Cloud purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.