DeFi Development targets faster SOL treasury accumulation with $300 million CHAD at-the-market program
DFDV•DeFi Development Corp. announced a $300 million at-the-market program for CHAD to help accelerate Solana treasury growth. CHAD is designed to provide daily income and carries a 13% annual dividend rate on its $10 stated amount.
1. CHAD funding program
DeFi Development Corp. said it plans to keep accumulating and compounding Solana through market volatility, with a $300 million at-the-market program for CHAD providing a new funding channel to accelerate SOL treasury growth. CHAD is designed to provide daily income and has a 13% annual dividend rate on its $10 stated amount.
