Solana Gets Its First Strategy STRC Product Through Solstice Finance

Solana gets its first Strategy STRC product through Solstice Finance

DeFi users can choose between a lower-risk 7% yield or a higher-risk 20% payout based on the economics of Strategy’s Nasdaq-listed stock.

Strategy sold $100M to defend STRC's $100 stock price as DeFi packages the risk into a 7% ‘safer’ trade

Solstice announced a tranched product built on Strategy's Bitcoin-related STRC preferred stock, and said its senior tranche would not begin absorbing losses until STRC trades below $47.66. STRC currently trades near $95.315, putting that threshold roughly half of today's market price and about 52% below the security's $100 par value. Solstice COO David Plisek described the $47.66 level as a modeled senior-impairment threshold under the protocol'…

Solstice Launches Solana Vault Offering Indirect Exposure To Strategy's STRC Preferred Stock

BitcoinWorld Solstice Launches Solana Vault Offering Indirect Exposure to Strategy’s STRC Preferred Stock Solstice Finance, a Solana-based decentralized finance protocol, has introduced a new product that provides users with indirect exposure to the dividend income and price movements of Strategy’s perpetual preferred stock, trading under the ticker STRC. The announcement, first reported by CoinDesk, marks a novel integration between traditiona…

Strategy's $4B reserve backs STRC at $95, eyes $18B capacity reopening

Strategy Inc.'s financial stability could enhance STRC's market confidence, potentially unlocking significant capacity and influencing Bitcoin investments. The post Strategy’s $4B reserve backs STRC at $95, eyes $18B capacity reopening appeared first on Crypto Briefing.