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SOL Version of MicroStrategy DDC Launches WIF Validation Node, Plans to Share Staking Rewards with Community

Summary: According to TheBlock, the SOL version of MicroStrategy's DeFi Development Corp (formerly Janover) has launched a WIF validation node, with plans to share WIF staking income and other validation node rewards with the community. Parker White, Chief Investment Officer and Chief Operating Officer of DeFi Dev Corp, stated: 'In the short term, we will support ...

According to TheBlock, the SOL version of MicroStrategy's DeFi Development Corp (formerly Janover) has launched a WIF validation node, with plans to share WIF staking income and other validation node rewards with the community. Parker White, Chief Investment Officer and Chief Operating Officer of DeFi Dev Corp, stated: 'In the short term, we will support the WIF community by operating a Solana validation node, and in the long term, we plan to expand our partnership into more areas.' Specific revenue distribution percentages have not been publicly disclosed, but both parties will receive a portion of the income after costs are deducted. Formerly known as Janover, DeFi Development Corp initiated the Solana treasury strategy after being acquired by a former Kraken executive in April, with a total holding of 595,988 SOL as of early this month.

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Link: SOL Version of MicroStrategy DDC Launches WIF Validation Node, Plans to Share Staking Rewards with Community   [Copy]
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