DeFi Dev Corp. launches Dogwifhat Validator, sharing rewards with the community

#DeFiDevelopmentCorp ., a publicly traded company focused on Solana treasury, has just launched a dedicated Dogwifhat validator node ($WIF ) on the Solana blockchain, in partnership with the Dogwifhat community.

Strategy and Benefits of the Dogwifhat Validator

Under the new agreement, income from staking, block rewards, and maximum extractable value (MEV) will be shared between DeFi Dev Corp. and the Dogwifhat community. This initiative is part of DeFi Dev Corp.'s broader strategy to increase the "SOL per share" metric by accumulating and circulating Solana, as well as through validator and staking activities.

The company, formerly known as Janover, was taken over by a group of former Kraken executives and rebranded as DeFi Development Corp. in April, shifting its focus to Solana and decentralized finance. The company operates its own Solana validator nodes and has tokenized its publicly listed shares on Nasdaq on the blockchain under the ticker symbol DFDV.