THE BLOCK: DeFi Development Corp. is increasing the annual dividend rate on its CHAD preferred stock from 13% to 14%, effective Nov. 2. The increase raises annual dividends to $1.40 per share from $1.30, based on CHAD's $10 stated value, with payments made each business day when declared by the company's board. DFDV said it plans to use proceeds from future CHAD issuances to expand its solana:So11111111111111111111111111111111111111112 treasury.