Solstice has launched strcUSX on Solana, splitting exposure to Strategy’s STRC perpetual preferred stock into two tokens that separate dividend income and price risk. The senior token, SR-strcUSX, targets about 7% annualized yield and has first claim on dividend income and principal repayment, while the junior token, JR-strcUSX, absorbs first losses from market-value declines and receives residual returns after senior payouts, with a target yield above 20%. The launch adds operational detail to Solstice’s earlier disclosure that its senior tranche would not begin absorbing losses unless STRC falls below $47.66, versus a recent STRC price near $95.315. Solstice previously said each $100 of combined exposure is split evenly between $50 senior and $50 junior, creating a 200% senior coverage ratio, with junior taking realized losses first. STRC carries a stated 12% annual dividend, which underpins the product’s yield structure. Users deposit USX into the strcUSX vault to receive tokens matching their chosen risk level. As STRC dividends flow into the vault, token exchange rates rise so yield accrues continuously rather than through separate cash distributions. Both tranche tokens are native Solana assets that can be traded, used as collateral, or integrated into DeFi applications. Solstice is also taking USX into Zebec Network’s payroll infrastructure, which it said processes more than $500 million in annual payroll volume and has more than 50,000 monthly active users, allowing businesses to earn rewards on prefunded payroll balances and enabling workers to receive, spend or withdraw USX.