CoinDesk·4 min read·hard
Solana gets its first Strategy STRC product through Solstice Finance
O
Olivier Acuna
✦AI Summary
Solstice Finance has launched strcUSX, a new DeFi product on the Solana blockchain that allows users to gain exposure to MicroStrategy's preferred stock, STRC. The product uses a tiered tranche system to offer varying levels of yield and risk, marking the first STRC-linked instrument on the Solana network.
The Zug, Switzerland-based firm, a DeFi yield infrastructure protocol built on Solana, said its new product splits the indirect STRC exposure into a senior and junior tranche, the firm said in a press release shared via Telegram.
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