Sanctum announced that it will open Alpha Vault deposits at 20:00 on July 16

BlockBeats news, on July 16, Solana ecosystem liquidity pledge agreement Sanctum officially stated that Alpha Vault will be open for deposits from 20:00 on July 16 to 18:00 on July 18, Beijing time, not on a first-come, first-served basis, and the corresponding CLOUD tokens will be vested within 6 months.

The starting price of CLOUD will be determined by the amount of USDC in the Vault, with a maximum purchase limit of US$7.5 million/50 million CLOUD. The price of CLOUD will start at US$0.001 and rise to a maximum of US$0.5 of LFG Curve.

If the deposited USDC exceeds US$7.5 million, CLOUD will be distributed according to the deposit ratio, and the excess USDC will be refunded.