1/ We are pleased to announce our partnership with @DeFiDevCorp (Nasdaq: DFDV), the first publicly traded Solana Digital Asset Treasury (DAT).
We will apply Gauntlet's quantitative approach to move their treasury and the dfdvSOL LST beyond traditional staking into advanced, risk-adjusted yield strategies on @DriftProtocol . 🧵
2/ This initiative is designed to enhance capital efficiency and generate superior risk-adjusted returns with the dfdvSOL liquid staking token.
It also establishes a crucial blueprint for how public companies can responsibly engage with onchain activity to optimize treasury management and create durable shareholder value.
By leveraging institutional-grade strategies, we can support @defidevcorp SOL accumulation and onchain innovation.
Their sophisticated approach is an ideal match for our expertise driving risk-adjusted yield at scale.
In practice, $dfdvSOL is deposited into a Gauntlet-curated vault on @DriftProtocol called dfdvSOL Plus.
The vault in turn borrows USDC on Drift Lend against $dfdvSOL collateral, and executes a Basis Trade Strategy through the Drift & @JupiterExchange DEXes.
Discover the dfdvSOL Plus vault:
3/ To learn more about how this collaboration will set a new standard for institutional DeFi engagement, read the full announcement:
14.92K
48
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.