DeFi Development (DFDV) announced a partnership with Hylo, a Solana native DeFi protocol, to enhance onchain yield across portions of the company’s digital asset treasury and participate in Hylo’s points incentive program. Through this partnership, DeFi Development Corp. will deploy select assets into Hylo’s yield products. In addition to earning protocol-generated yield, the company expects to accrue Hylo points. Proceeds from this deployment are expected to be used in a manner consistent with the company’s capital allocation framework, including funding operating expenses, supporting additional SOL accumulation, and potentially contributing to stock repurchases, DeFi said in a statement.
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