Staking: Since inception, STSS’s validator partners have generated ~7% gross annual percentage yield (APY) before fees, outperforming the Solana network average. Nearly all of the Company’s SOL holdings are currently staked.

In January, STSS announced a lock-up agreement with its Strategic Advisor to restrict sales of its advisory warrants and any underlying shares. The Strategic Advisor has also confirmed none of its advisory warrants and underlying shares have been sold or hedged prior to this agreement. In January, STSS launched a jointly supported institutional-grade Solana validator in partnership with Coinbase, to which STSS has delegated a portion of its SOL treasury holdings.

“STSS continues to deliver strong revenue from its SOL holdings due to its integration with institutional-quality staking infrastructure,” said James Zhang, Strategic Advisor to STSS. “Our partnerships with leading validator platforms, combined with institutional-grade controls and execution discipline, position STSS to capitalize on the financial benefits of the Solana network.”

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