PANews reported on July 11 that according to official news from Sanctum, Solana Ecosystem LST liquidity aggregation protocol Sanctum will hold a week-long special event from July 15 to 19 to welcome the release of $CLOUD. A survival guide for the $CLOUD launch process will be provided on Monday. A special conference call "Liftoff: CLOUD" will be held in cooperation with JupiterExchange at 15:30 (UTC time) on Tuesday. At the same time, the LFG website will be launched, and users can view airdrop allocations, purchase $CLOUD in advance, and lock positions. $CLOUD will be officially released on July 18, and users can claim rewards and start trading. A special CLOUD party will be held on July 19.

As previously reported, Sanctum announced the economics of the CLOUD token: 10% of the token supply was allocated in the initial airdrop, and 5% each was allocated to Wonderland XP and Earnestness.