The control finding
Sanctum Infinity. A basket of Solana LSTs: you inherit the weakest constituent rather than choosing the strongest.
- Holder’s position
- INF represents a pro-rata claim on a basket of underlying Solana LSTs held by the Sanctum pool. It is not a claim on a single validator, company, or reserve.
- Redemption or exit
- Holders redeem INF through Sanctum for a basket-weighted mix of underlying LSTs, subject to each constituent's own unstake queue and epoch timing, or sell INF on the open market.
Dependencies an advisor should record
- Sanctum pool program and its upgrade authority
- Composition and rebalancing rules across constituent LSTs
- Weakest-constituent delegation and exit risk
- Epoch-timed unstake queues on the underlying LSTs
- Market liquidity for instant exit
Why this distinction matters
A basket token trades single-validator risk for composition risk. A fiduciary should treat INF's grade as a statement about its weakest constituent, not an average, and record which LSTs currently sit in the basket before relying on it.
No issuer or administrator can freeze an address at this layer. That finding can coexist with a sound reserve, useful product, or appropriate client role. The grade prevents the on-chain wrapper from being mistaken for the absence of an administrator.
Questions before use
- Does the exact contract and chain match the instrument reviewed here?
- Which party can mint, burn, pause, upgrade, block, or redeem?
- Does the client have direct redemption access or only secondary liquidity?
- What protocol, bridge, wallet, and custodian dependencies are added?
- Which event would force review or exit?
Sources
Documents and product terms can change. This profile records the control interpretation reviewed on 2026-08-19; verify current terms before implementation.
Legend: No freeze key: no issuer or administrator can freeze an address at this layer · Governed, no freeze: on-chain collateral and governance set the terms, but no issuer blocklist exists · Mixed control: on-chain mechanisms sit beside custodians, real-world assets, a central transaction orderer, or other parties a court or regulator can compel · Issuer can freeze: a named organization or administrator controls issuance, transfers, reserves, redemption, or address restrictions. How grading works.