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Defi Development (DFDV) Surges 30% on Bonk Validator Partnership, Sol Purchase



The NASDAQ listed in Defi Development Corp. ) Sol$172.22 Tokens.

The company said it co-managing a Solana validator with Bonk, which claims to be the first time a Memecoin community and a public company sharing staking infrastructure in Solana, according to A Press release. Cooperation also expands to include Bonk’s own liquid staken, Bonksol. Both parties will grow the validator stake and divide the rewards.

“This validator cooperation is a natural next step in Bonk’s mission to empower our community and accelerate Solana’s adoption,” said Nom, basic Bonk contributing to Bonk. “By having sex with Defi Dev Corp., we not only strengthen Solana’s decentralized infrastructure but also creates a new standard for how community tokens can measure and maintain their ecosystems.”

The announcement came one day after the firm bought Another 16,447 sol tokens, carrying its holdings at 609,190 sol, worth $ 107 million. The firm got tokens for $ 2.3 million at an average price of $ 139.66, below the price of the area. The company had previously shared plans to get locked tokens in a discount.

The company, formerly known as real estate tech platform Janover, is part of a growing roster of public companies that put digital assets on their sheet, taking a playbook pagebook page centered around Bitcoin Btc$104,333.91. The defi development that was pivoted to focus on Solana, which stacked folk network tokens and operating validators, after a group of former Kraken executives who captured a predominantly stake last month.

DFDV shares gained more than 2,800% from the company’s pivot, hitting $ 118 in Friday session.

Read more: Defi Development plans to raise $ 1 billion to buy more Solana



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