BlockBeats News, August 10th. Solana ecosystem DeFi revenue infrastructure protocol Solstice Finance has launched a structured product called strcUSX based on the Strategy (MSTR) preferred stock STRC, becoming Solana's first financial product linked to STRC.

This product did not tokenize the STRC stock token and does not represent users holding Strategy preferred stock. Instead, it splits STRC-related revenue and price risk through a revenue treasury. After users deposit Solstice's USD settlement token USX, they receive two types of Solana tokens corresponding to different risk level revenue exposures.

Among them, the senior share token SR-strcUSX receives revenue priority, targeting an annualized yield of approximately 7%; the junior share token JR-strcUSX, on the other hand, bears the remaining revenue and more price volatility risk, aiming for an annualized yield of over 20%. If the value of STRC assets falls, junior shareholders will bear the loss first.

STRC is a floating-rate perpetual preferred stock issued by Strategy, currently with a cash dividend yield of around 12%, paid twice a month, but dividend payments are still subject to the decision of the company's board of directors.

Solstice stated that this product aims to allow DeFi users to gain STRC's revenue and risk exposure without directly holding STRC stock, while meeting investment needs with different risk preferences through a tiered design.

Previously, on August 10th, Strategy sold 1690 bitcoins, raising approximately $108.6 million and used it to repurchase about 1.152 million shares of STRC preferred stock. Currently, Strategy holds 840,447 bitcoins.