Liquid Staking Token (LST)

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DeFi Dev Corp. Partners with RateX to Amplify Utility of dfdvSOL Through Yield Trading & Farming
Globenewswire· 2025-06-11 12:00
Core Insights - DeFi Development Corp. has announced a strategic integration with RateX, enhancing the utility of its liquid staking token dfdvSOL within the yield trading ecosystem [1][2] - This partnership aims to unlock advanced capital efficiencies and deepen yield monetization pathways, contributing to the company's goal of increasing Solana per share (SPS) [2] Company Overview - DeFi Development Corp. is the first US public company with a treasury strategy focused on accumulating and compounding Solana (SOL) [1][4] - The company operates its own validator infrastructure, generating staking rewards and fees from delegated stake, while actively participating in the growth of the Solana ecosystem [4] Partnership Details - The integration allows dfdvSOL holders to access three yield strategies on RateX, including trading synthetic Yield Tokens, locking in fixed yields, and supplying liquidity [2][7] - RateX features a hybrid AMM and decentralized order book design, making dfdvSOL accessible to both active yield traders and passive yield optimizers [2][7] RateX Overview - RateX is a margin and spot yield trading protocol that enables yield tokenization and trading of various yield-bearing assets [7] - Users can engage in leveraged yield trading, earn fixed yields, and participate in yield liquidity farming with dfdvSOL [8]
DeFi Dev Corp. Partners with Exponent to Expand Utility of dfdvSOL and Drive SOL Per Share (SPS) Growth
Globenewswire· 2025-06-10 12:00
Core Insights - DeFi Development Corp. has announced a strategic partnership with Exponent, a Solana-native yield strategy platform, to integrate its liquid staking token dfdvSOL into Exponent's yield farming vaults [1][2] - This collaboration aims to enhance the value proposition of dfdvSOL and drive growth in SOL per share (SPS) for shareholders [2] - The partnership aligns with DeFi Development Corp.'s treasury strategy focused on accumulating and compounding Solana (SOL) [1][4] Company Overview - DeFi Development Corp. is the first US public company with a treasury strategy primarily focused on Solana (SOL), providing investors with direct economic exposure to SOL [4] - The company operates its own validator infrastructure, generating staking rewards and fees from delegated stake, while also exploring decentralized finance (DeFi) opportunities [4] Partnership Details - The integration allows Exponent users to deploy dfdvSOL across three yield strategies: fixed Income Vaults, Farm Vaults, and Liquidity Vaults, catering to different risk and return preferences [2][7] - The partnership is expected to enhance the demand for dfdvSOL and its overall value proposition within the Solana DeFi ecosystem [2] Exponent Overview - Exponent is a yield exchange protocol on Solana that facilitates fixed-rate and leveraged yield farming, allowing users to exchange variable yields for fixed yield tokens [7][8] - The platform enables users to take directional views on anticipated APYs from DeFi markets over various timeframes [8]
DeFi Dev Corp. Partners with Drift Protocol to List dfdvSOL Liquid Staking Token
Globenewswire· 2025-06-06 12:00
Core Viewpoint - DeFi Development Corp. has announced a strategic partnership with Drift Protocol to enhance the utility of its liquid staking token, dfdvSOL, within the Solana ecosystem, aiming to provide new opportunities for market participants [1][2][3]. Company Overview - DeFi Development Corp. is the first US public company with a treasury strategy focused on accumulating and compounding Solana (SOL) [1][6]. - The company operates its own validator infrastructure, generating staking rewards and fees from delegated stake, while actively participating in the growth of the Solana ecosystem [6]. Partnership Details - The collaboration with Drift Protocol will integrate dfdvSOL into Drift's borrow/lend market, expanding its utility and offering new ways for users to access rewards [2][3]. - Future plans include exploring the tokenization of DFDV's publicly traded stock and other tokenized equity assets within Solana's DeFi ecosystem [3]. Product Information - dfdvSOL, developed by Sanctum in May 2025, is a liquid staking token that allows stakers to earn rewards while maintaining flexibility across DeFi applications [4].
DeFi Dev Corp. Becomes First Public Company With an LST to Be Integrated Into Kamino, Solana’s Premier DeFi Lending Protocol
Globenewswire· 2025-06-02 13:00
Core Viewpoint - DeFi Development Corp. has announced a Letter of Intent (LOI) with Kamino Finance to integrate dfdvSOL into Kamino's DeFi lending protocol, enhancing the utility and yield potential of dfdvSOL within the Solana ecosystem [1][2][3] Company Overview - DeFi Development Corp. is the first US public company with a treasury strategy focused on accumulating and compounding Solana (SOL) [1] - The company operates its own validator infrastructure, generating staking rewards and fees from delegated stake, while actively participating in the growth of the Solana ecosystem [6] Partnership Details - The partnership with Kamino Finance will allow dfdvSOL to be used as collateral in borrow/lend markets and included in Kamino's Multiply Vaults, which offer automated leveraged-yield strategies [2][3] - Kamino Finance is the largest DeFi lending protocol on Solana, with over $4 billion in deposited assets [1][2] Product Information - dfdvSOL is a liquid staking token (LST) that represents stake delegated to DeFi Development Corp.'s validator, allowing market participants to stake SOL tokens while maintaining liquidity [4] - The integration of dfdvSOL is timely, coinciding with Kamino's recent announcement of Lending V2, which enhances user experience and infrastructure [2][3] Future Prospects - The collaboration sets the stage for future developments in tokenized financial assets, including stock-backed tokens and other real-world asset representations on Solana [3]