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TronWeekly

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DeFi Dev Corp Unveils Powerful Solana Staking Token Strategy

  • DeFi Development Corp. becomes first publicly traded firm investing in Solana-based liquid staking tokens (LSTs).
  • Company allocates part of its SOL treasury to dfdvSOL, supporting its validator infrastructure and integrating with Sanctum technology.
  • Integration with LST technology broadens the utility of DeFi Dev's SOL assets, providing staking returns and liquidity.
  • Adoption of LSTs strengthens DeFi Dev Corp.'s position in Solana ecosystem, aligns with its mission to compound SOL-based assets, and bridges blockchain with traditional markets.

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