土澳大狮兄BroLeon | Crypto | AI | Stocks|Sep 26, 2026 01:49
Saylor is at it again with new tricks—this time planning to switch the dividend distribution for his 'descendants,' including STRC, from semi-monthly to daily payouts.
Although this is purely a mechanism optimization and economically zero-sum (no increase in dividends, just a change in payment frequency), I personally think it’s beneficial. Especially for making the Defi ecosystem around these products smoother—definitely a positive move.
Anyone who plays around in Defi knows that on-chain yield models are naturally continuous: Aave’s interest accumulates every block, stETH rebases daily, while STRC’s previous 'big payout every half-month' discrete rhythm was out of sync with this paradigm. Protocols even had to write special logic to handle 'dividend days.'
Switching to daily payouts will make STRC more easily adopted by Defi protocols. For example, Pendle’s PT/YT pricing will become much smoother.
As for @saturn_credit, the benefits are even greater:
Previously, Saturn had a 3-7 day redemption queue. Under semi-monthly payouts, if this window crossed the ex-dividend date, NAV would jump, making redemption pricing complicated and unfair (people redeeming right before or after the ex-dividend date would gain an advantage).
Saturn’s ambition is to become the 'Tether of digital credit,' which requires sUSDat to be widely accepted as collateral and integrated into other lending protocols and DEXs. A smoother NAV ensures stable oracle pricing and prevents liquidation engines from being mistakenly triggered—other protocols will feel safer listing sUSDat.
More integrations → higher demand → larger AUM.
Feels like there’s a high chance we’ll see more interesting projects built around STRC’s daily payouts in the future. After all, Defi is all about stacking layers. Give smart people a solid foundation, and they can build all kinds of crazy structures on top!
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