Every CLOUD Spoken For: Transparency Report

CLOUD isn’t for hype or speculation.

It underpins Sanctum governance, incentives, and participation, and above all, is driven by love for those who still believe crypto can be good.

That kind of love deserves transparency. Every CLOUD holder deserves to know exactly how the token flows, where it lives, and (when possible) what lies ahead.

Today, we’re proud to share the results of our internal audit, tracking every CLOUD token movement since launch. All 1 billion tokens are now fully accounted for.

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Too many tokens are still plagued by opaque supply schedules, vague emissions plans, or private agreements that leave retail users in the dark. Critical information is often fragmented across various cross-platform conversations or accessible only to insiders.

As an industry, we have to do better.

If we want to further legitimize our industry, teams must show up with maximum effort for their holders in key safety areas, especially all things token-related.

By completing the CLOUD audit and placing it openly on our website, we hope to establish a new trust benchmark—one that invites other teams to meet or exceed it. Together, we can all cultivate a safer, more credible on-chain experience.

• Total CLOUD Supply: 1,000,000,000
• Circulating Supply: 330,679,783.42 (33.07%)
• CLOUD Burned: 0
• All token movements from Team and Community wallets are documented
• No tokens have been sold outside of the initial launch pool.

A complete spreadsheet detailing every token movement is available for review here

The distribution of CLOUD since genesis reflects a mix of launch needs, incentives, and operational needs. Let’s break it down.

The initial launch had two components: Wonderland S1 and Jupiter LFG.

Altogether, 158,196,485.83 CLOUD was distributed via the launch:

• 88,042,001.00 CLOUD distributed in the initial airdrop
• 54,963,431.43 CLOUD distributed via Jupiter’s LFG Pool
• 10,000,000.00 CLOUD distributed via Jupiter’s LFG fee
• 5,191,053.40 CLOUD distributed via No Cloud Left Behind.

The team decided to fund some initial incentives from the Team Reserve.

• 310,000.00 CLOUD was distributed as Kamino incentives
• 15,000.00 CLOUD was distributed as Orca Whirlpool incentives.

With the introduction of Sanctum Governance, the community voted to fund both Active Staking Rewards (CLOUD-001) and incentives for INF-SOL Kamino Vault (CLOUD-003).

• 15,000,000.00 CLOUD was distributed to CLOUD stakers as Active Staking Rewards (ASR)
• 2,500,000.00 CLOUD was distributed as incentives in an INF-SOL Kamino vault.

Initially, the team decided to pay one of our market makers half in stablecoins and half in CLOUD. This has since stopped.

The team now pays our market makers entirely in stablecoins.

• 237,671.00 CLOUD was distributed to a market maker as payment for services.

The team has loaned CLOUD out exclusively for market-making purposes.

• 36,971,318.71 CLOUD was loaned out to market makers to market make on CEX and DEX venues. (Note that these loans are made exclusively on retainer, not a loan-and-call-option model. This means that the CLOUD will always remain in the possession of the team.)
• 705,000.00 CLOUD was loaned out to MetaDAO as seed liquidity for new governance proposals.
• 237,599.58 CLOUD was deployed into an sCLOUD-CLOUD AMM to facilitate working futarchic markets for new governance proposals.

No CLOUD has been burned yet.

There are two CLOUD Reserves: the Team Reserve (controlled by the team) and the Community Reserve (controlled by governance).

The team reserves the right to distribute tokens from the Team Reserve. As of today, however, the team has not sold any tokens from the Team Reserve.

CLOUD in the Community Reserve is locked indefinitely and can only be distributed via a successful governance vote like CLOUD-001 and CLOUD-003.

• 250,000,000.00 CLOUD will be distributed to the team.
• 130,000,000.00 CLOUD will be distributed to investors.
• 15,000,000.00 CLOUD will be distributed to CLOUD stakers as Active Staking Rewards (ASR).

Team and investor CLOUD is currently locked and will be distributed over 24 months, starting July 2025.

The next ASR will be distributed in August 2025.

There are no other future CLOUD distributions currently planned.

Due to a distribution error during the first ASR event, the team temporarily loaned 14,998,379.05 CLOUD from the Team Reserve to the Community Reserve. This amount will be returned in August.