Solstice Finance Launches Solana’s First STRC Product With Split‑Risk Tokens

Solstice Finance launched strcUSX on Solana, a structured product that offers DeFi users exposure to the dividends and price risk of Strategy’s STRC preferred shares, without tokenizing or transferring ownership of those shares. The Zug, Switzerland-based firm specializes in DeFi yield infrastructure on Solana.

The product splits the indirect exposure to STRC into two tranches. The senior tranche, SR-strcUSX, receives income with priority and targets an annual yield of 7%. The junior tranche, JR-strcUSX, absorbs losses arising from fluctuations in the value of the STRC position before the senior tranche does, but in return offers a target yield of over 20% per year. Users deposit USX, Solstice’s dollar-pegged settlement token, into a vault and receive one of the two tokens based on the risk profile they choose.

The goal of strcUSX is to make STRC-referenced credit available through a Solana-native token with a steadier risk profile.

Senior is designed for lower risk via junior first-loss.

… Continue reading the full article at the original source below.