Try Quests to earn SOLSanctum - The Stability Protocol of Solana
Solana is a blockchain platform designed to host decentralized, scalable applications. Founded in 2017, it is an open-source project currently run by Solana Foundation based in Geneva, while the blockchain was built by San Francisco-based Solana Labs
Solana is much faster in terms of the number of transactions it can process and has significantly lower transaction fees than rival blockchains like Ethereum. The cryptocurrency that runs on the Solana blockchain—also named Solana (SOLUSD) and using the ticker symbol SOL—soared almost 12,000% in 2021 and at one point had a market capitalization of over $66 billion, making it the fifth-largest cryptocurrency by this measure at the time.
Despite its popularity, SOL did not escape the cryptocurrency bloodbath of 2022. By Oct. 3, 2022, SOL had dropped to about $11.71 billion in market capitalization. It also fell to ninth place in market capitalization.3 Learn more about Solana and what makes it unique among thousands of imitators.
Sanctum is the next generation stability protocol for Solana DeFi.
Sanctum’s instant unstake provides a way to instantly unstake your SOL.
Let's say you had staked your SOL to a validator but you realized that you need the SOL now. In order for you to reclaim the staked SOL, you need to first deactivate your stake account and then wait until the next epoch comes. This can take up to 3 days!
Sanctum’s instant unstake solves this problem. With Sanctum, you can "exchange" your Solana native stake account to liquid SOL instantly.
Analyzing them by using the solana.core.fact_events table and joining it to the solana.core.fact_transfers table to look at users' activities and USD volume that they unstaked as well.
Additionally, the program address and account address are used to analyze them, which consist of
- Unstake Program activity:
unpXTU2Ndrc7WWNyEhQWe4udTzSibLPi25SXv2xbCHQ - SOL Reserve Pool:
3rBnnH9TTgd3xwu48rnzGsaQkSr1hR64nY71DrDt6VrQ - Router Program:
stkitrT1Uoy18Dk1fTrgPw8W6MVzoCfYoAFT4MLsmhq
Lastly, Added a field on this dashboard for pulling data in the past and set it for 240 days, or around 8 months.
