Solana Financial Corporation Decentralized Finance Dev Corp has launched the Dogwifhat validator, planning to share WIF stake rewards with the community

GateNewsBot
WIF-4%
SOL-6,7%
DEFI-9,65%

Gate News bot message, according to The Block, Solana financial company Decentralized Finance Development Corporation (stock code: DFDV) is launching Dogwifhat validator Node on Solana on-chain, and collaborating with the memecoin community to share rewards.

According to the press release issued by Decentralized Finance Dev Corp on Tuesday, Decentralized Finance Dev Corp and the Dogwifhat community will share staking rewards, MEV, and other validator rewards after deducting operating expenses.

Decentralized Finance Dev Corp Chief Investment Officer and Chief Operating Officer Parker White stated in an email: “In the short term, we will support the Dogwifhat community by running a Solana validator; looking ahead, we plan to expand the partnership into the more distant future. We have not yet publicly shared the specific amount of revenue sharing, but both parties will receive a portion of the revenue after costs are deducted.”

Decentralized Finance Dev Corp (formerly known as Janover), after being acquired, initiated a strategy of increasing and managing Solana’s holdings in April this year. The company’s partnership with Dogwifhat aligns with its broader strategy to enhance the ‘per SOL’ metric, while the purchase of Solana tokens and staking operations have also driven this metric up.

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