Solstice Finance has launched a vault on Solana linked to income from Strategy preferred shares. According to CoinDesk, the product splits this income between two tokens.

The senior token is described as less risky, while the junior token is described as more risky. The source calls the product the first solution of its kind on Solana for STRC shares.

The practical significance of the structure depends on details regarding income distribution and risks, which are absent from the available description. So far, only the launch itself and the basic splitting scheme are confirmed.