CLOUD is Sanctum’s community token, representing the change we want to see in crypto and the values of earnestness, fairness, and transparency that Sanctum stands for.
CLOUD held in the Community Reserve, totaling 276 million tokens, can only be distributed if approved by a vote from CLOUD holders. In return for participating in governance, staked CLOUD holders have received active staking rewards.
Governance
In 2025, we conducted multiple Active Stake Reward (ASR) votes and continued our governance work with futarchy in partnership with MetaDAO.
At the end of Q3, we announced that ASR would be paused. The full announcement and reasoning are available in the following post:
→ Sanctum Research: ASR has ended — what’s next?
CLOUD governance serves as a check on token issuance from the 276 million CLOUD held in the Community Reserve. In addition, during 2025, we used a portion of the protocol treasury for strategic CLOUD buybacks.
Transparency
In 2025, we launched a new CLOUD site that displays circulating supply and CLOUD’s vesting schedule. This information is publicly available for anyone to view.
You can visit the CLOUD site here:
CLOUD In 2026
While we agree this could make sense over time, we believe it would be short-sighted to pursue buybacks today given the strength of our core business fundamentals and growth.
That said, we have hired internal counsel this month, whose top priority is ensuring that any future token value accrual is implemented in a legally compliant manner.
Stay in tune with future CLOUD updates via the official CLOUD X account.