Solana Treasury Firm DeFi Development Raises CHAD Preferred Stock Dividend Rate to 14%
Key Highlights DeFi Development Corp. has lifted the annualized dividend yield on its CHAD variable rate perpetual preferred stock to 14% based on a $10 purchase price. The firm expanded its treasury reserves to roughly 2.59 million SOL and SOL equivalents, marking a 12% rise since its August earnings update. Capital raised via an active ...