Sep. 11 at 6:37 PM
The
$DFDV flywheel, now with
$CHAD . 🔄
At DeFi Development Corp., our strategy has always been centered around one North Star: growing
$SOL.X Per Share (SPS).
The flywheel is straightforward. When market conditions allow, DFDV can raise capital through common equity, deploy that capital to acquire additional SOL, and put those assets to work through staking and validator operations.
More SOL creates the potential for more organic income and, when capital is raised and deployed accretively, can increase the amount of SOL backing each common share. Then we look to do it again.
CHAD adds a second capital markets engine to that flywheel.
CHAD is our variable-rate perpetual preferred equity, designed primarily for income-focused investors. It currently carries a 13% annual dividend rate on its
$10 stated amount, with cumulative dividends payable each business day when, as and if declared by the Board.
For DFDV, the important distinction is that issuing CHAD does not increase our common share count. Capital raised through preferred equity can therefore be deployed into additional SOL without issuing additional common shares.
The result is two capital markets engines built around one SOL treasury:
Common equity + preferred equity → acquire more SOL → generate yield → grow SPS → repeat.
That’s how CHAD is designed to strengthen the existing DFDV flywheel and expand the capital markets toolkit behind our SOL treasury strategy.
Learn more about CHAD:
https://lnkd.in/gJYWvECU
Important information & risk disclosures regarding CHAD, including the prospectus: https://lnkd.in/gyUdjeMx
