Solstice Targets 20% APY With Solana Tokens Tied to Strategy's STRC

Key Takeaways

Solstice launched strcUSX on Solana, splitting STRC’s 12% yield into 2 risk tranches.
SR-strcUSX targets 7% APY while JR-strcUSX seeks 20%+, expanding structured DeFi on Solana.
Solstice will bring USX to Zebec’s $500M payroll network, extending yield into payments.

Solstice Lets Investors Split STRC Yield and Price Risk on Solana

Solstice Finance is bringing a Wall Street-style credit structure onto Solana, launching tokenized senior and junior claims tied to the dividend stream of Strategy Inc.’s Nasdaq-listed preferred stock.

The product, called strcUSX, references Strategy’s Series A Perpetual Preferred Stock (STRC), which pays a 12% annualized dividend on a bi-monthly basis. Strategy, formerly MicroStrategy, holds more than $50 billion in bitcoin, making STRC a credit instrument ultimately linked to the world’s largest corporate bitcoin treasury.

Solstice told Bitcoin.com News that the structure gives investors exposure to Strategy’s income stream without taking direct bitcoin price exposure.

Senior and Junior Tokens Split the Risk

The product divides STRC-linked returns into two Solana tokens with different risk profiles.

SR-strcUSX, the senior tranche, targets about 7% annual percentage yield and receives dividend income and principal recovery before the junior tranche. It is designed for investors seeking lower volatility and more predictable income.

JR-strcUSX takes the first loss from mark-to-market movements but captures the remaining yield after senior holders are paid. Solstice is targeting returns of more than 20% APY for the junior tranche.

Users deposit USX into the strcUSX vault and receive the tranche corresponding to their preferred risk level. As STRC dividends enter the vault, token exchange rates rise, allowing yield to accrue continuously instead of through separate cash distributions.

Both tokens are native Solana assets and can be traded, used as collateral, or integrated into decentralized finance applications. “Tranching that yield on DeFi rails means every participant gets exactly the risk profile they came for,” Solstice Labs CEO Ben Nadareski said.

USX Expands Into Payroll Through Zebec

Solstice is also taking USX beyond structured credit through a partnership with Zebec Network.

The integration will bring USX into Zebec’s payroll infrastructure, which processes more than $500 million annually and serves over 50,000 monthly active users. Businesses will be able to earn rewards on prefunded payroll balances while those funds sit waiting for distribution.

“Most onchain payroll has a dead-dollar problem,” Nadareski said. “USX turns that gap into a yield window.”

Employees and contractors will be able to receive USX directly, spend it through Zebec’s debit card or withdraw it to a wallet.

The two initiatives show Solstice pursuing the same idea from opposite ends of finance. One turns a listed preferred-stock dividend into programmable DeFi exposure. The other turns idle payroll cash into a productive onchain balance.

Together, they reflect a broader push to make traditional cash flows composable rather than merely tokenized.