Solstice Finance Launches STRC Yield Tranching Product on Solana

TechFlow News, August 10, according to CoinDesk, Solstice Finance launched structured product strcUSX on Solana, providing decentralized finance users with exposure to the yield and price risk of Strategy's variable-rate perpetual preferred stock STRC. The product does not directly tokenize STRC shares, but instead splits the relevant economic rights into two classes of tokens by depositing USX: the senior token SR-strcUSX targets an annualized yield of 7%, while the junior token JR-strcUSX targets an annualized yield of over 20% and bears losses from underlying price fluctuations first. The product supports redemption after a 7-day unlock period, or immediate exit upon payment of a fee.