Good news. I've joined @sanctumso ☁️ 18 months ago (around 6-months before TGE), I stumbled across Sanctum while researching the Solana ecosystem. At the time, Sanctum didn't have many eyeballs on it and their docs left much to the imagination (sorry, fellas😅). As fate would have it, I'd just suffered an injury which gave me a lot of unexpected free time to sink my teeth in. Determined to figure out what Sanctum was, I read the docs back to front but just wasn't getting it. So I sat down in front of the whiteboard one afternoon and things started making sense. I figured I might not be the only one trying to wrap their head around Sanctum and so decided to share my whiteboards on Twitter. 'Whiteboard guy' was accidentally born. Not long after, I left my corporate career and jumped into the Solana ecosystem at Drift. All the while, I kept in touch with the Sanctum team and continued contributing where I could - governance, feedback and so on. When the guys suggested I come across to Sanctum, I didn't hesitate. Why Sanctum, why now? There are three reasons: One Sanctum fundamentals are literally up and to the right: TVL, top-line revenue, gross-margin and entirely new product verticals. Sanctum has been one of the most underrated teams in the Solana ecosystem while at the exact same time has quietly and consistently exceeded expectations.. Well, most expectations (Wonderland season 2). Today, Sanctum is the 4th largest protocol on Solana, 18th in all of crypto (TVL) and is rocketing up the ranks. Two The team is awesome: - HY & the engineers are gigabrains - @YouKnowEno was born with a microphone in hand - @0xF812 is my favourite Korean - @cwchanchan is Solana's best designer🐐 - @eggpanned does a tremendous amount, quietly - @soleconomist is one of the most high integrity (earnest) people in crypto. Three The tailwinds are indisputable: DATs, ETFs and growth of the Solana ecosystem is all rocket fuel for Sanctum. There could not be a better time to be rolling up sleeves to help. What I'll be doing My first mission will be taking up the helm of INF and working closely with @alkineee to explore how we can better optimize INF for LP's, partners and Sanctum. In short, make INF the best place to grow your SOL. In addition, I'll be looking after the Cloud Holder Relations initiative including the Sanctum Quarterlies and will have my hands in plenty of other things. Next stop I'll be flying the Sanctum flag in Korea next week, and then in Singapore the following. Hope to see you there 🫡 Good to be home ☁️☁️☁️

Cheers, mate 🫡

Chatting with the chads at Raiku on their new rkuSOL launch - @sanctumso x.com/i/broadcasts/1RJjppDkj…

Exactly one year ago the Sanctum team put out a proposal to make a Sanctum mobile app*. I voted no. At the time, I wasn't working at Sanctum and to me the timing made no sense. Insti allocators were coming to Solana and it seemed obvious to me that b2b >> consumer. I told the team the proposal lacked sufficient detail for me to vote in favour. The good news is that the team went on to smash the b2b focus, closing major deals and growing TVL to over 15m SOL, becoming the 3rd largest protocol on Solana. They even brought me into the team to help. But over the course of the year that followed, it became clear that FP's intuition about a consumer angle was right - even if we disagreed on timing. Today that consumer play goes live. With much more detailed plans 😂 The magic the team were able capture during Wonderland S1 proved the Sanctum team can win at consumer. Excited to see what people think, and how the product evolves in the coming quarters. *original proposal: research.sanctum.so/t/cloud-…

@sanctumso just launched INF V2. For @solana holders, this should be the default place to park $SOL The first Solana LST that pays you every single slot (every 0.4 seconds). No more waiting 2 days for epoch rewards, you literally earn continuously. Smoothed APY Optimized LST portfolio Dynamic partner liquidity. Live Stats - 2.22M SOL in TVL (2.23x YoY growth) - Revenue resilient even in tough market (2026 Feb Revenue 28% YoY despite SOL price - 100% YoY) $CLOUD

Introducing Infinity V2 ♾️ INF was already the best place to grow your SOL. Now it’s also the first and only Solana LST to distribute yield continuously at the slot level. INF holders get more performative, consistent APY while our partner LSTs get more reliable liquidity ↓

Thanks to @coinbase intern for the inspo.

Two teen boys (I'd guess not even 15 y/o) just knocked on my door, introduced themselves and asked if I was interested in having my car washed. I listened to their pitch, "$30 for outside or $50 for both inside and outside - we do everything, wheels too!" I paused for a moment, and then said yes. They almost couldn't believe it. He asked for my number to arrange a time. I watched him carefully close my front gate and then text me immediately. He said they could do any day after school next week. "inside and out for 50$ right?", his message read as if making a sale should not have been that easy "Done deal", I said "sounds amazing!" I reckon I just made their day 🦘🇦🇺

I was both surprised and not surprised to see the #1 reason @AppWorks gave for investing in Sanctum was @soleconomist. I was surprised because on one hand I expected them to say something like: 'Despite Sanctum's success, the TAM is very large'. On the other hand, I was not surprised because they described fp as contrarian. 'We see in FP that he has a unique ability to see what others miss and to dive deep enough into a concept until a contrarian insight emerges.' Having worked with fp for some time now, I've definitely observed this. I've also observed he can even be contrarian about his own contrarian ideas. Strong opinions, loosely held as they say. The one thing I'd add to AppWorks' commentary here is that the secret sauce is not just the contrarian insights, but the genuine curiosity and humility it takes to arrive at them. This is actually a core part of the culture at Sanctum I attribute this to fp's influence. Late one night fp and I were arguing about why we should / shouldn't do something with INF. The topic was relatively new to me as a recent joiner but fp treated me as an equal sparring partner. After an hour or so of back and forth he said to me "I think this is super fun... Everything is connected together so it's challenging thinking about this entire dynamic system and how small changes can affect everything" I told him I was surprised how much I'd learned in the weeks leading up and he immediately said "even I'm learning" Good to have more high-conviction funds in our corner when others in our industry are rushing for the exits. To the humble and curious contrarians 🌥️

Market down, Sanctum fundamentals up. The Sanctum Quarterly has been my pet project at @sanctumso since joining. This Quarterly is not only a recap of Q4 but a full 2025 year in review. We've also opted for a form factor that looks better on desktop. My favourite chart in this Quarterly shows the relative strength of Sanctum's LST business vs. our two largest LST competitors. We were of the view that one LST wouldn't rule all like in other ecosystems. This chart shows we were right. "But, James, what about INF?! " INF finished the year on top with an average APY of 9.62% and more than doubled - yes, doubled - in TVL (120% increase in SOL terms) in 2025. And finally, there is significant alpha toward the end of the report. This 'Stealth Project' we talk about could add multiples to Sanctum's current TVL in SOL terms and is the thing I am currently most excited about at Sanctum... May 2026 be even better ⛅️

I want to work on good wants. ☁️

I'd like to report a murder.

Going a step further with words on a page, I had a mentor back at kpmg who joined when the company was just the P and the M - before the K and the G were added - who was the most respected and senior partner in the Australian firm. He used to tell me, "just write things down, even if you don't show anyone". I used to squirm at the thought. He would press me on the importance of having goals, forcing me to be clear, and most importantly: physically writing them down on paper. I remember years later discovering an old notebook when moving house and found one of these goal pages. Every single thing I'd written down had come true in the years that followed, even though after writing it I never looked at it again or had given it any further thought. If you haven't done this, I'd recommend giving it a try. But do it thoughtfully, sincerely, and privately. Stuff it away in a draw for a few years and see what happens.

This is embarrassing. Please delete 🔫

Shoutout to @sssionggg for sticking his neck out and seeking genuine feedback from Jup community regarding token and buybacks. Lots of differing & valid perspectives but some of the criticism is unfair. Emotions understandably run high when there's so much on the line, but it's important to remember we're all on the same team (j4j). Not all founders would seek such feedback in the open and take the time to carefully consider and respond. Sincerely, longtime Jup fan and friend, James from Sanctum