Sanctum Shuts Down Creator Coins Beta, Shifts Focus to Core LST Products

Sanctum announced today that it is shutting down the Creator Coins Beta, marking the end of its experimental product that allowed supporters to back creators via liquid staking tokens (LSTs).

Inside The Decision

The decision comes as the team refocuses on building high-quality core products and streamlining internal bandwidth.

“We care most about shipping delightful products,” Sanctum stated in its official announcement. “We’d rather ship nothing than keep something half-baked.”

The move was echoed by co-founder FP, who shared more personal thoughts about the difficult call.

“I really love Creator Coins,” FP wrote. “I love how they let people be rewarded for the value they provide to others, without costing their supporters anything... It was very, very difficult for us to make this decision, but this is part of Sanctum's 'grow up arc' – focusing on fewer things, but executing them 10x better. I hope to bring it back at some later date.”

What Happens Next

The Creator Coins Beta officially ends after the April 30th epoch. At that point:

• Creator Coins will be converted into standard LSTs, using Sanctum’s typical fee structure.
• Seeds, a unique currency associated with individual creators that can be redeemed for products, services, or insights, will be discontinued.
• The Creator Coins beta site and leaderboard will shut down.
• Coins will still exist on-chain and remain tradable via Sanctum and Jupiter.

Importantly, creators will keep all earned yield, and Sanctum has pledged to gift supporters the yield they would have earned if their pledged SOL had been staked—paid out of Sanctum’s own treasury.

“Everyone who held Creator Coins gets extra SOL,” FP wrote. “So both creators and supporters get the yield.”

Focusing On Focus

While the sunsetting marks the end of a promising experiment, Sanctum emphasized that it remains committed to innovating in Solana DeFi.

“This is part of Sanctum’s ‘grow up arc’—focusing on fewer things, but executing them 10x better,” FP said. “I hope to bring it back at some later date.”

The team has been busy this week with active participation at Token2049 Dubai. Chief Vibes Officer Eno, among other team members, has been sharing images from their adventures.