Sanctum: Alpha Vault will be introduced for CLOUD Launch to prevent bot sniping

Sanctum developer FP Lee introduced the design concept of LFG Launch for CLOUD at X, aiming to achieve the three goals of liquidity (liquid), fairness (fair), and alignment (aligned). To prevent robot sniping, we will use Meteora's "Alpha Vault", which is not first-come, first-served, but will be open a few days before the actual start of trading. Anyone can deposit and withdraw any amount of USDC at any time until two hours before the launch. When it closes, everyone who deposited into the Vault will get tokens based on their USDC input. The price they pay will be lower than the market price because the initial tokens were sold at a very low price. In return for this discount, users who enter the Vault will be locked for a period of time. The team has not yet determined the specific lock-up period. It is currently considering a 2-month cliff and a 6-month vest, but this may be adjusted based on community feedback (for example, 1 month cliff/3 months vest, 3 months cliff/9 months vest). But it is important to me that the maximum lock-up period does not exceed 12 months: I hope that the Vault buyers will be fully unlocked before the team and venture capital. The Vault is capped at $10 million, or 50% of the total USDC. This means that no matter how many people deposit into the Vault, the maximum price any Vault buyer will pay is $0.18 (180 million FDV). If the Vault is oversubscribed, users will receive a pro rata share, and the remainder will be refunded. Vault buyers always receive a discount of about 50% on the initial spot price. The actual discount may increase or decrease based on subsequent market demand. Earlier, Solana Ecosystem Liquidity Staking Protocol Sanctum developer FP Lee announced the CLOUD token economics on the X platform, with a total of 1 billion tokens. Specific information includes: - Initial circulation supply: 18%; - Community reserve: 30%; - Strategic reserve: 13%; - Team: 25%; - Investors: 13%; - Initial airdrop: 10%.